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 – Moody’s on Wednesday revised Greek and Cypriot banks’ outlook to stable from positive as a result of the coronavirus pandemic.
In an announcement, the credit rating agency said it expected the two countries’ economies to shrink this year and to return to positive growth rates in 2021.
For Greek banks, Moody’s said that the profitability of the Greek banking system will weaken and non-performing exposures will remain at very high levels, or around 40 pct of total loans. Government support measures include additional liquidity and other facilities for moving capital of enterprises, which will help to slowdown the creation of new NPEs, along with a decision to extend repayment of loans for vulnerable customers.
Travel restrictions are expected to hit strongly the tourism sector, which accounts for around 12 pct of the country’s GDP. At the same time, a large decline in domestic demand will burden the sectors of transport and logistics, commerce and manufacturing.
Commenting on real estate prices, Moody’s said that although home prices have risen in the last two years, a significant correction is not possible, given the big drop of prices in the period 2010-2017.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
DEIR AL-BALAH, Gaza (AP) — An international team of doctors visiting a hospital in central Gaza was prepared for the worst.
ATHENS - The tragedy of the Tempi train collision is a much greater issue than an opportunity for parties to table a motion of censure against the government, but the opposition parties used it anyway "to turn society's pain into a tool to strike at the government and me personally," Prime Minister Kyriakos Mitsotakis said on Thursday night in parliament.
ATHENS - PASOK-KINAL leader Nikos Androulakis, speaking at the Hellenic Parliament on Thursday, emphasized that there is "an established belief among the Greek people" that the government "operates as a well-oiled machine of corruption, cover-up, and propaganda.
ATHENS — Greece’s center-right government survived a motion of no-confidence late Thursday that was brought by opposition parties over its handling of the country’s deadliest rail disaster a year ago.
ASTORIA – Greek Minister of the Interior Niki Kerameus offered an informative presentation on postal voting in the upcoming European Union elections for Greek citizens in a well-attended event held at the St.