Greece, EBRD Signs MoU on Management of EU Recovery Fund Loans

ATHENS — Greece and EBRD on Monday signed a memorandum of understanding (MoU) on the management by the European Bank of Reconstruction and Development of loans worth 1.0 billion euros to finance private investments in Greece as part of the Recovery Fund.

The MoU was signed by Alternate Finance Minister Theodore Skylakakis and Charlotte Ruhe, managing director for Central and Southeastern Europe. It is the second similar agreement signed between the Finance ministry after the one with European Investment Bank (EIB)) for the management of loans worth 5 billion euros. Today's agreement signals the rapid start of a loan programm to create significant private investments in Greece, the Finance ministry said in an announcement.

Skylakakis said these new investments will facilitate the country's transition towards a green and digital economy and will help to achieve higher growth rates, creating new job positions in the coming years.


DUBAI, United Arab Emirates — Stores are selling winter clothes from last season in the middle of summer.

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A pregnant woman was driving in the HOV lane near Dallas.

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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.

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NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


“We Got Our Miracle”: Freed Americans Back Home in Alabama

BIRMINGHAM, Ala. — Two US military veterans who disappeared three months ago while fighting with Ukrainian forces against Russia arrived home to Alabama on Saturday, greeted by hugs, cheers and tears of joy at the state's main airport.

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