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 — Greece has repaid its outstanding debts dating back to its financial crisis to the International Monetary Fund, two years ahead of schedule, the country’s finance minister said Monday.
Christos Staikouras hailed the payment as “a very positive development” that would mean significant savings in debt servicing costs.
“This closes a chapter that opened in May 2010, when Greece appealed to the fund for financial support,” Staikouras said.
Greece’s European Union bailout lenders gave the formal go-ahead last week for the early repayment of the outstanding loans worth 1.86 billion euros ($2 billion). Their approval was needed as the initial requirement was for early IMF repayments to be made in parallel with those made to European lenders.
Three successive bailouts totaling some 260 billion euros ($285 billion) between 2010 and 2018 prevented Greece from going bankrupt and exiting the shared euro currency. But successive Greek governments were forced to implement painful budget cuts and tax hikes that led to a surge in unemployment and poverty.
Despite exiting the bailout program in 2018, Greece remains under an enhanced surveillance program created by European lenders to monitor spending, an arrangement due to end later this year.
The EU bailout fund, the European Stability Mechanism, last week also approved the early Greek repayment of 2.65 billion euros ($2.91 billion) in loans made before the ESM was formally established.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
RAFAH, Gaza Strip (AP) — Sabreen Jouda came into the world seconds after her mother left it.
SEATTLE — A former Washington state police officer wanted after killing two people, including his ex-wife, was found dead with a self-inflicted gunshot wound following a chase in Oregon, authorities said Tuesday.
WASHINGTON (AP) — The Senate passed legislation Tuesday that would force TikTok’s China-based parent company to sell the social media platform under the threat of a ban, a contentious move by U.
AUSTIN - Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles.