Gerapetritis: Cash Will Flow from Greek Banks to the Markets, Probably Exceeding 15 Billion Euros

ATHENS – "The government has a number of scenarios regarding how the economy will behave," State Minister Giorgos Gerapetritis said on Wednesday in an interview with radio Alpha 98.9, adding that banks will provide the market with liquidity, with the flow of cash probably exceeding 15 billion euros.

He also announced that the government's plan for tourism will be presented on May 15 and, if all goes well, the country will once again be open for foreign tourists on July 1. "It is an operational plan strategy from end to end," he said, adding that "May 15-20 is crucial for us," as the consequences of the partial relaxation of restrictions will become apparent in that week.


NICOSIA — The European Union has earmarked 657 million euros ($736 million) for the construction of a a 2,000-megawatt undersea electricity cable that will link the power grids of Israel, Cyprus and Greece, Cypriot Energy Minister Natasa Pilides said Thursday.

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ATHENS – A major snow storm that had been predicted for days still caught residents in Greece offguard and the New Democracy government scrambling for answers as to why motorists were stuck for hours on major roads.


US Congress represenatives Gus Bilirakis of Florida and Nicole Malliotakis of New York – both Republicans – assailed President Joe Biden's administration for no longer supporting the EastMed pipeline project by Greece, Cyprus and Israel.


WASHINGTON HEIGHTS, NY – In the presence of distinguished guests, the vasilopita was cut by the Federation of Greek American Educators in the community hall at St Spyridon Greek Orthodox Church in Washington Heights on January 23.


Democrats Eye Supreme Court Pick to Revive 2022 Prospects

Democrats stung by a series of election year failures to deliver legislative wins for their most loyal voters hope they'll be buoyed by the prospect that President Joe Biden will name the first Black woman to serve on the Supreme Court.

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