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Delphi Economic Forum kicks off in Athens on Monday

President of the Hellenic Republic Katerina Sakellaropoulou will inaugurate the 6th Delphi Economic Forum that kicks off in Athens at 11:00 on Monday, with an introductory speech that will be followed by the addresses of the presidents of Estonia and Slovakia, Archbishop of Athens and All Greece Ieronymos, European Commission Vice President for Promoting Our European Way of Life Margaritis Schinas and the president of the 'Greece 2021' Committee Gianna Angelopoulos-Daskalaki. The forum will run until Saturday, May 15.

Crucial two months for economy, tourism and government revenues

After the new successful exit to markets, government and financial staff formally enter the critical path of “confirmation of high expectations” both on the vaccination front and as concerns optimism for the course of the economy. The next two months are an important “bridge” to the post-pandemic era: businesses and government funds are entering a new phase with the main feature of breaths of liquidity – after the suffocation of lockdowns.

More than eight-fold coverage for the new Greek 5-year bond

The new issue of a 5-year bond of the Hellenic Republic was exceeded more than eight times, as the offers exceeded 20 billion euros, with the interest rate being limited to 47 basis points on mid swaps, while PDMA is expected to raise 2.5 billion euros. .

It should be noted that the intention of Public Debt Management Agency (PDMA), which has already raised 8.8 billion euros, or 11.3 billion euros if one adds in the latest issue, is to raise possibly a larger amount than the 12-14 billion euros estimated for in 2021.

According to JP Morgan’s calculations, although the ECB is still buying Greek bonds at a rate of 2 billion euros per month (with an average maturity of 8.8 years), in 2021 it could acquire a total of 18 billion worth of Greek securities. billion euros, something that also supports any new moves by PDMA. The increased funds that could be raised will be used later, when interest rates will rise and economies will recover to reduce debt faster.

Meanwhile, PDMA raised 812.5 million euros from the issuance of 3-month interest-bearing government bills with a negative return of -0.40% from -0.32% in the previous issue of April. The coverage ratio was 1.98 from 2.08 in the April version. The settlement date is set for May 7th.

New York: Mourning for the tragic death of Greek-American police officer - The Message of the Archbishop

The funeral procession, officiated by the Archbishop of America Elpidoforos, was attended by the Mayor of New York Bill De Blasio, as well as police officers, who bid farewell to Anastasios Tsakos with all the prescribed honors. The expatriate policeman left behind his two parents, Stavros and Anna Tsakou, his wife Irini and his two minor children, aged three and five.

Kimolos, the silver dot of the Aegean (vid)

Looking at the nautical chart of Greece, in the southwestern Aegean, northeast of Milos, there is an off-white "dot" that is as if chalked on a blackboard so neatly and beautifully as if a small child's hand could paint in front of a teacher. Marinos Charlampopoulos gives us a glimpse of its beauty.

And its color may be off-white due to its special rock, having even given its name to the chalk known to all of us, but in the past it was called Arziantiera, meaning "Silver". It had this name from the Middle Ages until the years of the Greek Revolution and was a Latin word of Venetian origin that was given because of the silver-colored rocks in the south of the island. However, according to tradition, Kimolos owes its name to its first mythical inhabitant, Kimolos, wife of Sidi, daughter of Taurus, while in the Middle Ages, the island was called "Echidnousa", meaning the island of Echidnas (vipers), which even today abound on the island.

It is an island with a long history through the centuries. For the sake of truth, in the area of ​​Ellinika, which in antiquity was one of the two ports of the island, finds have been excavated from the Mycenaean and Hellenistic eras, as well as from the Geometric and Archaic years, while in the second and main port , that of Psathi, there are carved neocles, the well-known "wires".

Like all the Cyclades, Kimolos suffered a lot from the pirate raids of the Mediterranean, but also later, when it was occupied by both the Turks and the Russians. In 1830 it managed to integrate into the newly formed Greek state. During the dictatorship, Kimolos became a place of exile for dissidents, mainly women, with many important intellectuals of the time among them.

Kimolos is a special and distinct island, known for its tranquility and simplicity. Its capital, the Village as the locals call it, is a beautiful settlement with wonderful views and whitewashed cobbled streets, with typical Cycladic architecture. The small cafes of the village with the imaginative colors between the squares and the well-kept houses of the locals, exude a relaxed atmosphere that immediately wins you over. As for the beautiful beaches with crystal clear turquoise waters and volcanic rocky landscapes, combined with its hot springs, make it an ideal summer destination offered for days of calm, relaxation and carefree.

And if you are lucky, you may meet the golden owl, a rare species of prey that lives on the island or even the Mediterranean seal Monachus Monachus, which is one of the two remaining species of monk seals in the seal family.

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