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 — The Greek banks' stock of non-performing loans will fall to single-digit rate in 2022, Finance Minister Christos Staikouras said on Wednesday. "The correct, serious and methodical work done in the last two years, under the coordination of the former deputy Finance Minister George Zavvos, continues," the FinMin said in an announcement, adding that: "According to Bank of Greece data, Greek banks' NPLs totaled 29.4 billion euros in June 2021, 20.3 pct of total loans, recording an impressive decline during the last two years.
The stock of NPLs has fallen by around 46 billion euros since New Democracy took over the government of the country (it was 75.3 billion euros in June 2019) and around 78 billion down from the peak in March 2016 (107.2 billion euros).
This significant reduction is the result of an integrated and coherent strategy followed by the finance ministry through the successful programme "Hercules" which has been expanded, and specific interventions implemented to contain the creation of a new wave of non-perfoming loans because of the pandemic crisis," the announcement said.
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.
NICOSIA - A meeting between the ministers of energy for Cyprus and Israel - George Papanastasiou and Eli Cohen - led to an agreement that the countries would make an underwater electric cable link a top priority, linking them to Europe.
LONDON (AP) — The British Museum on Thursday appointed National Portrait Gallery chief Nicholas Cullinan as its new director, as the 265-year-old institution grapples with the apparent theft of hundreds of artifacts and growing international scrutiny of its collection.
ATHENS - The European Union needs to get involved in the case of the two-year jail sentence given ethnic Greek Fredi Beleri who was elected Mayor of the seaside town of Himare and said the trial was a farce to get him and protect Prime Minister Edi Rama’s business friends.
Brace yourself for what could be another scorching summer in Greece as scientists are anxious that a warm winter - the warmest January recorded - and climate change will continue to bring weather anomalies.