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Economy

Greece Opens Platform for Debt Settlement on Tuesday

ΑΤΗΕΝS — The new out-of-court mechanism is launched on Tuesday, giving citizens the possibility of repaying the debts up to 240 installments against all their creditors (public and private entities) and under conditions, up to 420 installments to banks. A capital haircut is also provided if this is decided by an agreement between the parties.

The settlement will now be made automatically, ie without the intervention of an employee, without cost and bureaucracy, but with the use of an algorithm through the computer.

"This system will help thousands of our fellow citizens, who have been trapped in their private debt for years. It is a revolutionary system," Minister of Development and Investments Adonis Georgiadis said on Monday.

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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.

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Indians Vote in the First Phase of the World’s Largest Election as Modi Seeks a Third Term

NEW DELHI (AP) — Millions of Indians began voting Friday in a six-week election that's a referendum on Narendra Modi, the populist prime minister who has championed an assertive brand of Hindu nationalist politics and is seeking a rare third term as the country's leader.

NEW DELHI (AP) — Millions of Indians began voting Friday in a six-week election that's a referendum on Narendra Modi, the populist prime minister who has championed an assertive brand of Hindu nationalist politics and is seeking a rare third term as the country's leader.

COPENHAGEN, Denmark (AP) — Firefighters in Copenhagen plan to start taking down scaffolding that is left dangling dangerously Friday outside the ruins of the Danish capital's historic Old Stock Exchange building after a fire tore through it and collapsed much of its structure.

JUNEAU, Alaska (AP) — The Biden administration said Friday it will restrict new oil and gas leasing on 13 million acres (5.

MANADO, Indonesia (AP) — More people living near an erupting volcano on Indonesia's Sulawesi Island were evacuated on Friday due to the dangers of spreading ash, falling rocks, hot volcanic clouds and the possibility of a tsunami.

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