Word of the year

“Artificial Intelligence”, “Time Shelter” And “Sglobka” Are The Bulgarian Words Of 2023

"Artificial Intelligence" with 45%, "sglobka" (assemblage) with 37%, and "time shelter" with 35% of the votes are the standout words and expressions for 2023 in Bulgaria. This was the decision of those who participated in the annual "Words of the Year" survey on the literacy platform "kaksepishe.com".

Greece upbeat on disbursement of next bailout tranche

Disbursement of Greece's next bailout tranche will take place on Monday, a source in the Finance Ministry has told Kathimerini.

According to the same source, a compromise on the issue of non-performing loans is still elusive, but an agreement may be postponed after the payment of the 7.5 billion-euro loan.

‘Haircut’ scenarios ahead of referendum vote

Projections for a “haircut” of Greek bank accounts vary between 27 to 55 percent if the ECB requests a return of roughly 120 billion euros funneled to Greek systemic banks as liquidity.

Such a nightmare scenario could be one of the repercussions of a possible delay in any new bailout agreement, regardless of a “yes” or “no” vote in Sunday referendum.

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