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State deficit in the first seven months of 2022 at 6.09 billion euros

In January-July 2022, the central government cash balance recorded a deficit of €6,090 million, compared to a deficit of €13,078 million in the same period of 2021, according to latest data from the Bank of Greece.

During this period, ordinary budget revenue amounted to €30,203 million, compared to €24,111 million in the corresponding period of last year. Ordinary budget expenditure amounted to €34,906 million, from €35,999 million in January-July 2021. 

Table: Central government net borrowing requirement on a cash basis (million euro)

Paros: a white pebble in an azure sea

In the heart of the Cyclades, lies beautiful Paros, with its distinctive Aegean air, an island that offers value and an is always an excellent proposition for authentic Cycladic holidays.

Athens U among global top 400 universities

The National and Kapodistrian University of Athens remains in the 1.3% of the best universities worldwide according to the results of the Academic Ranking of World Universities, also known as the Shanghai Ranking (ARWU – "Shanghai Ranking")

"Christina O": Onassis' legendary yacht passes through the Corinth Canal (vid)

The historic "Christina O", the beautiful yacht of Aristotle Onassis passed through the Corinth Canal.

She was built in 1943 as the frigate Stormont (pennant K327) and originally belonged to the Canadian Navy. During the Second World War she was used as an escort vessel for convoys to transport war material to the Allied forces, taking part in the Battle of the Atlantic and Invasion of Normandy.

After the end of World War II she was one of the many surplus ships.

Also read: Ships from 45 countries passed through the Corinth Canal

How it came into the hands of Aristotle Onassis

So in 1954 Aristotle Onassis bought the "home" he loved most of all, the yacht "Christina", at the price of 34,000 dollars and then spent 4 million US dollars to transform it into a luxurious ultra-modern yacht.

The shipping tycoon turned the Canadian frigate into a luxury yacht, which hosted some of the most noted glitterati, artists, and political figures of the time, legendary names such as Elizabeth Taylor, Grace Kelly, Frank Sinatra, Marilyn Monroe, Greta Garbo, Richard Burton, Winston Churchill, Tito, King Farouk of Egypt, John F. Kennedy.

The yacht's library was filled with works by Greek classical authors, the bar stools were covered in white whale skin, while the bottom of the pool could rise to deck level and become a dance floor, decorated with mosaics resembling a famous mosaic .

The majestic yacht can accommodate 66 people (plus a further 35 crew) in its 18 staterooms, while it has a presidential suite, a helipad, a library, a gym, a spa, a bar, a beauty center and a children's playground.

It is now owned by a yacht charter company and is chartered by the week for a hefty price tag of around €470,000 per week.

Former president on German reparations

The former President of the Republic and Honorary Professor of the Law School of the National and Kapodistrian University of Athens, Prokopis Pavlopoulos, referred to Greece’s demands for restitution for the forced “loan” to occupation forces and reparations for the crimes of Nazi atrocities.

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