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 on Tuesday raised 3.0 billion euros from capital markets through a successful completion of a 10-year bond issue which attracted significant interest.
The interest of the 10-year bond loan was set at 1.55 pct, while bids submitted surpassed 16.5 billion euros.
Commenting on the success of the new issue, government spokesman Stelios Petsas said that "the markets' confidence towards Greece and the government is confirmed in action and that is to the benefit of all Greeks".
It was the third time this year that Greece resorted to international capital markets, after a 15-year bond (2.5 billion euros at 1.88 pct) and a seven-year bond (2.0 billion euros at 2.0 pct).
BNP Paribas, BofA, Deutsche Bank, Goldman Sachs, HSBS and JPMorgan acted as underwriters of the issue.
The bond issue will strengthen Greece's cash, which, according to Finance Minister Christos Staikouras, totaled 36.6 billion euros at the end of March. "Greece has received one more confidence vote from the international investment market," he said. "For the second time after the coronavirus pandemic broke out, and despite difficult economic conditions, Greece accessed the markets successfully."
Staikouras added that this "proved the markets recognize the effectiveness of the government's cohesive plan and its reliability over the management of the health crisis and its economic repercussions."
State bond yields eased further in the domestic electronic secondary bond market. The 10-year bond yield fell to 1.42 pct from 1.48 pct on Friday. The yield spread between the 10-year Greek and German benchmark bonds shrank to 1.74 pct from 1.80 pct last week with the German Bund yielding -0.32 pct. Turnover was 70 million euros of which 64 million were sell orders.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
BERLIN (AP) — At least five people were killed Wednesday when a bus headed from Berlin to Switzerland came off a highway in eastern Germany and ended up on its side, authorities said.
ΒΟSTON - The newly-elected Metropolitan Iakovos of Mexico, who was enthroned on Saturday, March 16th at the Cathedral of Aghia Sophia in Mexico City, gave his first interview as Metropolitan to The National Herald, which he described as a "historic newspaper," one he has known since childhood, as have his close relatives.
BALTIMORE - Authorities have released the identities of the two people recovered from the water Wednesday morning at the site of the Baltimore bridge collapse.
ATHENS — Police in Greece clashed late Wednesday with Communist-backed demonstrators who tried to prevent a concert by U.
ATHENS – Greece recorded a huge improvement in the business environment rankings of The Economist Intelligence Unit (EIU) among 82 countries worldwide.