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.
ATHENS – Greek Prime Minister Kyriakos Mitsotakis’ hopes of accelerating an economic recovery during the lingering COVID-19 pandemic are facing five hurdles even as it is still being monitored by the Troika of European bailout lenders.
That was the assessment of a detailed report from the European Commission on the Greek economy, said Kathimerini, which pointed out that while there’s been a slow recovery during the pandemic that too many imbalances remain.
The problems cited were: high public debt, bad loans, a persistent trade deficit, high jobless rate and the low rate of potential growth, problems which have gone on for years and weren’t resolved by 326 billion euros ($348.48 billion) in three international bailouts.
Especially problematic is the high rate of 12 percent of bad loans with customers not repaying banks, the highest in the European Union which is holding down the profitability although the banks had been bailed out as well.
The bad loan ratio though means there is less of a capacity for banks to give further loans, especially to businesses and new openings during the pandemic, the report also noting that the capital adequacy ratio in Greece remains one of the lowest in the Eurozone, at 15 percent.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
CAIRO — Stalled talks aimed at securing a cease-fire in the war between Israel and Hamas are expected to restart in earnest in Qatar as soon as Sunday, according to Egyptian officials.
BROOMALL, PA – Following the blessings and vision of His Eminence Metropolitan Apostolos of New Jersey, the Metropolis of New Jersey together with the Metropolis Philoptochos initiated the newly created Walking with Christ ministry with the First Seminarian Benefit Luncheon, hosted at the St.
LONDON — Prince William and his wife Catherine have been filmed at a farm shop near their Windsor home, The Sun newspaper reported — the first footage of Kate since she had abdominal surgery for an unspecified condition two months ago.
ATHENS - "The statements of the Turkish president regarding the illegal invasion of Cyprus in 1974 constitute a blatant distortion of the historical truth and an insult to the memory of the victims," according to Greek diplomatic sources on Tuesday.
NEW YORK — Donald Trump’s lawyers told a New York appellate court Monday that it's impossible for him to post a bond covering the full amount of a $454 million civil fraud judgment while he appeals, suggesting the former president's legal losses have put him in a serious cash crunch.