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Economy

DBRS Sees Greek GDP Growth at 5% This Year, 5% in 2022

ATHENS — DBRS credit rating on Friday said it expected the Greek GDP to grow by 5% this year and in 2022. In a report, the credit rating firm said this forecast is part of the main "scenario" for the Greek economy, included in the ratings firm's report for the global economy.

DBRS noted that conversely, under the worst-case scenario GDP growth is expected to reach 3% this year, and to fall to 1.5% in 2022.

DBRS estimates that the global economy is in a recovery course, led by advanced economies who have reported significant progress in a vaccination drive for Covid-19.

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ATHENS - "The year 2022 will be one of historic records for both foreign direct investment in Greece and for exports," Finance Minister Christos Staikouras said on Tuesday during his speech at the "Naftemporiki" conference entitled "Greek Economy & Entrepreneurship: Challenges and Opportunities in an Unpredictable Future!" Referring to the performance of the Greek economy, he said this proved that entrepreneurship and the state, working together, were able to contain the unprecedented challenges to a satisfactory degree.

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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.

General News

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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Hawaii’s Mauna Loa Starts to Erupt, Sending Ash Nearby (Video)

HONOLULU — Hawaii's Mauna Loa, the world's largest active volcano, has started to erupt for the first time in nearly four decades, prompting volcanic ash and debris to fall nearby, authorities said Monday.

NEW YORK — The masked man of Broadway is going out strong.

NEW YORK — "Walking in the Dark," Julia Bullock (Nonesuch) No one who has followed Julia Bullock's career will be surprised that her first solo album is made up of unconventional and deeply personal choices.

MADRID — Against a backdrop of Russian bombardments, border closures and a nail-biting 3,500-kilometer (2,150-mile) truck journey across Europe, Spain's Thyssen-Bornemisza National Museum has teamed up with the National Art Museum of Ukraine to secretly bring dozens of 20th century Ukrainian avant-garde artworks to Madrid for a unique exhibition and a show of support for the war-torn country.

HILO, Hawaii — The first eruption in 38 years of the world's largest active volcano is attracting onlookers to a national park for "spectacular" views of the event, and it's also dredging up bad memories among some Hawaii residents who have been through harrowing volcanic experiences in the past.

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