General News
Meropi Kyriacou Honored as TNH Educator of the Year
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
NICOSIA – Cyprus will distribute another 103 million euros ($110.91 million) in financial support for the most vulnerable to help households deal with soaring inflation exacerbated by the aftermath of Russia’s invasion of Ukraine.
That brought the package of state assistance to some 192 million euros ($206.75 million) during the lingering COVID-19 pandemic and was approved by the Council of Ministers said Kathimerini
The total amount that will be spent through the end of August will reach almost 300 million euros ($323.05 million) which is about 1.5 percent of the country’s Gross Domestic Product of 22.1 billion euros ($23.8 billion) said government spokesman Marios Pelekanos.
The support includes extending a reduced Value Added Tax (VAT) on electricity bills and a cap on fuel prices as well as raising pensions to deal with inflation that’s the highest in 40 years.
The VAT on electric bills is being cut from 19 to 10 percent until Aug. 31 and those in the most vulnerable groups will have it reduced to 5 percent in a bid to help them cope with the rising cost of living.
The state will increase pensions for some 165,000 beneficiaries, and give vulnerable households one-off cash handouts based on their incomes and number of dependent persons, Finance Minister Constantinos Petrides said. Based on their annual earnings, low-income families will be given a small lump sum between 60-150 euros ($64.60-$161.51) for every child under the age of 18, a pittance.
“No government can kill inflation at its root, as increasing liquidity in the market may feed inflationary pressures leading to a vicious cycle of price increases,” said Petrides, the report also added.
“Having this in mind, the government has introduced 11 measures to alleviate inflation pressure on low-income households,” stated the finance minister with inflation at 8.6 percent, the highest since a record 10.8 percent in 1981.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
DEIR AL-BALAH, Gaza (AP) — An international team of doctors visiting a hospital in central Gaza was prepared for the worst.
LONDON (AP) — The British Museum on Thursday appointed National Portrait Gallery chief Nicholas Cullinan as its new director, as the 265-year-old institution grapples with the apparent theft of hundreds of artifacts and growing international scrutiny of its collection.
ATHENS - The European Union needs to get involved in the case of the two-year jail sentence given ethnic Greek Fredi Beleri who was elected Mayor of the seaside town of Himare and said the trial was a farce to get him and protect Prime Minister Edi Rama’s business friends.
Brace yourself for what could be another scorching summer in Greece as scientists are anxious that a warm winter - the warmest January recorded - and climate change will continue to bring weather anomalies.
Mykonos’ run has been going on for a long time, bringing hordes of tourists, but it’s being cut down by its reputation for being rowdy, expensive, overcrowded and gouging diners while businesses evade taxes.