Bloomberg: Greece’s Successful Management of the Pandemic Does Carry a Prize

ATHENS — "Greece’s successful management so far of the pandemic does carry a prize. For a start, Prime Minister Kyriakos Mitsotakis has been able to reopen the domestic economy before other countries," according to a Bloomberg article on Wednesday.

This will reduce the hit on gross domestic product, it said and added:" The government put in place expensive measures — including loans for small and medium-sized enterprises, and a furlough scheme for the underemployed — to help businesses and workers. It will hope to scale them back faster than elsewhere as activity resumes, easing the burden on the public finances."

Moreover, the country’s reputation is improving, Bloomberg noted. "One reason not to invest in Greece was the expectation that it would handle a crisis worse than others. That meant some foreign companies held back from pouring money into the country. The skepticism is starting to disappear. Last year, the Athens stock exchange index was the world’s best-performer — a sign of growing confidence in Mitsotakis’s reformist administration. Now, Greece’s 10-year bond yields have fallen below Italy’s, partly thanks to the European Central Bank’s decision to include the nation’s debt in its quantitative-easing program."


PARIS — Members of the Californian rock band Eagles of Death Metal provided emotional testimony Tuesday about the night Islamic State group extremists stormed their Bataclan theater concert, killing scores of people in France's worst attack in generations.

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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.


Mitsotakis Meets with Biden at the White House (Video)

WASHINGTON, DC – Greek Prime Minister Kyriakos Mitsotakis met with US President Joe Biden at the White House on Monday, in the first day of an official two-day visit to the American capital.

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