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’s 10-year government bond yield has fallen below 1% for the first time, bolstering the country’s effort to ease strict budget conditions set by bailout lenders.
The yield dropped Wednesday to 0.957% but remains among the highest borrowing rates in the 19-country eurozone and roughly level with Italy. Germany, France, Belgium, and the Netherlands all currently have negative long-term interest rates.
Greece is hoping that its improved economic growth, a sovereign rating approaching investment grade, and access to lower-interest borrowing from financial markets will help convince creditors that it can keep its national debts sustainable with lower budget performance targets.
Greek national debt is still around 180% of gross domestic product after its economy was kept afloat with successive international bailouts between 2010 and 2018 from the International Monetary Fund and a eurozone rescue fund.
In Athens last week, EU Finance Commissioner Paolo Gentiloni said the European Union Commission was willing to discuss easing strict targets for Greece’s primary surplus – the country’s annual budget balance before debt servicing costs – but that a decision on the request would be made later this 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.
RAFAH, Gaza Strip (AP) — Sabreen Jouda came into the world seconds after her mother left it.
VILLA MADERO, Mexico — As a drought in Mexico drags on, angry subsistence farmers have begun taking direct action on thirsty avocado orchards and berry fields of commercial farms that are drying up streams in the mountains west of Mexico City.
ATHENS – The world-famous humanoid robot Sophia filled the auditorium of the American Community Schools of Athens April 23, fascinating many in the audience.
ATHENS - The exact burial site of Plato has been identified, thanks to research conducted by the Italian Research Foundation, based on papyri from the site of Herculaneum, near Naples.
ATHENS - S&P credit rating agency upgraded Greece’s outlook to 'positive' from 'stable' on Friday, April 19, 2024 while maintaining the investment-grade rating of BBB-.