Bank of Greece: ECB Purchased Bonds Worth €3.3 Billion in the Secondary Market

ATHENS – The European Central Bank has purchased state bonds with a nominal value of 3.3 billion euros in the secondary bond market in the framework of the Public Sector Purchase Programme (PSPP), the Bank of Greece said on Thursday. In a report, the central bank said the country's current account balance showed a deficit of 3.5 billion euros in the first quarter of the year, down by 201 million euros.

The Bank of Greece said the deficit in the balance of goods fell because of an improvement in the balance of goods excluding fuel, while the fuel balance deteriorated. Exports of goods (excluding fuel) grew 4.5 pct in current prices and 5.0 pct in fixed prices, while imports fell by 2.5 pct in current prices and 2.0 pct in fixed prices. The decline in exports and imports of fuel reflects a sharp drop in oil prices. The balance of services showed a surplus, while the travel balance improved in the first quarter compared with the same period last year.


ATHENS - The government extended the application deadline for the Power Pass reimbursement program on electricity bills to July 5, government spokesman Yiannis Economou said on Tuesday.

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FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

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NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

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PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.


Mission…to Alonnisos, a TNH Documentary

O oceanic you sing and sail White on your body and yellow on your chimeneas For you're tired of the filthy waters of the harbors You who loved the distant Sporades You who lifted the tallest flags You who sail clear through the most dangerous caves Hail to you who let yourself be charmed by the sirens Hail to you for never having been afraid of the Symplegades (Andreas Empeirikos)   What traveler has not been fascinated by the Greek islands, drawn by the Sirens’ song of a traveler’s dreams? TNH and our video show ‘Mission’ marked the change of the season by transporting viewers into the heart of summer.

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