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Almost 11 billion euros flowed into Greece from tourism up until July

Higher tourist arrivals helped drive up Greece's services balance surplus in the first seven months of 2024, according to figures for the balance of payments in January-July 2024 released by the Bank of Greece on Friday. It attributed the  increase to, primarily, the travel balance and, secondarily, the transport and other services balances. Non-residents’ arrivals increased by 11.2% year-on-year and the relevant receipts rose by 5.6%, rising to 10.95 billion euros.

The Hellenic Initiative Supports Elderly Care in Greece-$25,000 Grant to Expand Nosilia’s Palliative Care for Seniors

The Hellenic Initiative (THI) has awarded a $25,000 grant to Nosilia, a nonprofit that has pioneered palliative care for people of limited mobility and financial means in Greece, especially the elderly. The grant funds Nosilia’s new ‘Γήρας τιμάν- Honor the Elderly’ program which focuses on providing care to those over 65. With the elderly population in Greece growing and healthcare resources stretched thin, Nosilia’s work has become increasingly critical. With this support from THI, Nosilia aims to reach and assist 100 patients in the coming year.
 

English speaking medicine dept at Thessaly Uninersity

A new English-speaking Department of Medicine is starting at the University of Thessaly on October 7, which will welcome 40 international students in Larissa. This is the first foreign-language department at this university and the fourth in a row, after the Universities of Thessaloniki, Athens and Crete.

The next few weeks are critical for the Cyprus issue - Mitsotakis-Erdogan meeting in New York

The joint steps of Athens and Nicosia in the effort to restart the dialogue on the Cyprus issue, a few days before they will be at the United Nations General Assembly in New York, where the meeting of the Greek Prime Minister with Tayyip Erdogan will also take place, will be confirmed during their meeting today in Maximos Mansion Kyriakos Mitsotakis with the President of the Republic of Cyprus Nikos Christodoulidis.

The Hellenic Initiative Donates $50,000 to AFI to Empower Greece’s Micro-Entrepreneurs

The Hellenic Initiative (THI) has donated $50,000 to the Action Finance Initiative (AFI), Greece’s pioneering microfinance institution, empowering grassroots entrepreneurs and startups throughout Greece. AFI offers microloans up to €25,000 to support entrepreneurs in various sectors, especially in remote regions such as the Peloponnese, Dodecanese, Cyclades, and Crete. This grant will also fund a dedicated full-time employee to enhance AFI’s credit and Business Development Services (BDS) in these areas.
 
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