IMF: Greece to Return to Primary Surpluses as of 2022

ATHENS — Greece is expected to return to primary surpluses as of the 2022 budget, according to a fiscal monitor report by the International Monetary Fund (IMF) published on Wednesday.

The report has registered high fiscal deficits of the general government in the entire world for 2020, especially in developed economies (up to 11.7 pct of GDP) and emerging economies (9.8 pct). Global public debt reached 97 pct of GDP at the end of 2020 and is expected to remain slightly under 100 pct long term.

For Greece, IMF foresees that this year the general government will register a primary deficit of 6 pct of GDP (from 7 pct last year), which will turn to a surplus of 0.3 pct in 2022, rising gradually to 1.5 pct in 2026.


ATHENS - While Prime Minister Kyriakos Mitsotakis has brought an accelerating economy to Greece, his government is struggling to hold down soaring food prices that have led many households to switch to cheaper products or cut spending.

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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.


1 of 2 Abducted Louisiana Children is Found Dead in Mississippi after Their Mother is Killed

JACKSON, Miss. (AP) — A Louisiana woman was found dead in her home Thursday, and her two young daughters were abducted and found hours later in Mississippi — one dead and the other alive, police said.

DUESSELDORF, Germany  — It was a classic N'Golo Kanté performance.

FRANKFURT, Germany  — Two Romelu Lukaku goals were ruled out by video review and Belgium fell to a stunning 1-0 loss to Slovakia in wild Group E at the European Championship on Monday.

TORONTO  — A man and woman were shot to death and a male suspected as the attacker also died Monday at a north Toronto office space near a daycare center and a school, authorities said.

FLUSHING, NY – St. John’s Head Coach Rick Pitino was honored for his outstanding contributions to Panathinaikos B.

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