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Economy

The Three T’s – Tourism, Trade, Transport – Drive Greek Recovery

ATHENS – Tourism is leading Greece’s accelerating recovery during the waning COVID-19 pandemic but the comeback is being aided by transport and trade too.

Those three sectors have gone up 20.3 percent in a year, said Alpha Bank’s economic bulletin, which showed that in the first half of 2022 the output showed strongly in hotels as well, said GTP Headlines.

Alpha Bank analysts said the contribution of those sectors was expected to continue in the third quarter, which ended Sept. 30, after the Bank of Greece said the economy is on a curve to rise some 5 percent.

The bank also said that travel receipts jumped 154 percent from January to July over the same period in 2021 when international travel was more limited and health measures were in place. Incoming arrivals were up 191 percent.

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BOSTON – The removal of Archbishop Elpidophoros from the Archdiocese of America appears to be in its final stages, as indicated by a brief face-to-face meeting and discussion between Ecumenical Patriarch Bartholomew and the Prime Minister of Greece Kyriakos Mitsotakis.

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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.

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Alberto, Season’s First Named Tropical Storm, Dumps Rain on Texas and Mexico, Which Reports 3 Deaths

TAMPICO, Mexico (AP) — Tropical Storm Alberto rumbled toward northeast Mexico early Thursday as the first named storm of the season, carrying heavy rains that left three people dead but also brought hope to a region suffering under a prolonged, severe drought.

Armenia said it would recognize a Palestinian state on Friday, prompting Israel to summon its ambassador for what the Foreign Ministry described as a “severe reprimand.

LONDON (AP) — Taylor Swift fans enjoy parsing the singer-songwriter’s lyrics for references to her romantic life and insights into her state of her mind.

PARIS (AP) — The alleged rape of a 12-year-old Jewish girl in a suspected antisemitic attack has sent shockwaves throughout France and thrust concerns about antisemitism to the forefront of campaigning for the country’s legislative elections.

ATLANTA (AP) — Lionel Messi's passing brilliance got Argentina off to a winning start in the defense of its Copa America title, overcoming Canada and a poor playing surface at Mercedes-Benz Stadium.

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