ATHENS – Slowly clawing its way out of the COVID-19 pandemic with vaccinations, Greece's staggered economy – hit hard by lockdowns – is getting better as well and its ranking in competitiveness has risen.
A review by the Institute for Management Development (IMD) put Greece at 46th in the world in 2020 when the pandemic was raging, jumping up three spots from 2019 when the business-friendly New Democracy took power.
The reasons cited were business reforms such as lowering the corporate tax as the rebound has picked up with the Conservatives administration, rising 12 spots in the last two years.
The news isn't all good as the national debt – rescued with three international bailouts of 326 billion euros ($387.57 billion) – is still problematic as it failed to slow the rising amount of money owed.
While the credit rating is improving it's only 57th and Greece is second to last in the gross fixed capital formation, said Kathimerini. Those factors have held down the country's standing in the European Union where it's 21st among 26 countries, Malta not included.
ATHENS - The Greek state budget recorded a primary surplus of 6.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
Police have arrested a suspect in the shooting of three young men of Palestinian descent who were attending a Thanksgiving holiday gathering near the University of Vermont campus Saturday evening.
NEW YORK — Celine Song's wistful romance "Past Lives" earned top honors at the Gotham Awards on Monday evening at an award-season kickoff where the night's biggest drama came in a political speech by Robert De Niro that the actor claimed had been edited without his permission.
MARRAKECH, Morocco — Thirty years ago, Palestinian actor Hiam Abbass left her home to pursue her dreams of being in the movies, joining generations of women in her family who were shaped by exile and "learned to leave everything and start anew.
It's the most wonderful time of the year.
PORTLAND, Ore. — Tossing tent poles, blankets and a duffel bag into a shopping cart and three wagons, Will Taylor spent a summer morning helping friends tear down what had been their home and that of about a dozen others.
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