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Athenian Brewery – Price increases on the way – What’s up with barley

Athenian Brewery – Price increases on the way – What’s up with barley Greek consumers and to a smaller extent tourists saved the lot this year in terms of the beer market, however the good performance, which even exceeded expectations, have not yet managed to reach 2019 figures. Nevertheless, Mr. Alexandros Daniilidis, CEO of Athenian […]

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WHO: Europe the only region with rise in Covid-19 last week

WHO: Europe the only region with rise in Covid-19 last week The World Health Organization said there was a 7% rise in new coronavirus cases across Europe last week, the only region in the world where cases increased. In its weekly assessment of the pandemic released late Tuesday, the UN health agency said there were […]

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Israeli Film Festival returns with online screenings

Israeli Film Festival returns with online screenings Following the success of its previous four editions, the Israeli Film Festival returns with five documentary films that explore vital themes in the country’s society and culture.  The films will be streamed online on the Israeli Embassy’s Facebook page with Greek subtitles, starting this Thursday.  Each film will […]

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PPC – The announcement for the sale of 49% of HEDNO to Macquarie

PPC – The announcement for the sale of 49% of HEDNO to Macquarie The Public Electricity Company (PPC) reached an agreement with Macquarie Asset Management for the sale of 49% of its stake in the Hellenic Electricity Distribution Network Operator (HEDNO). HEDNO is responsible for the operation, maintenance and development of the national electricity distribution […]

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New earthquake in Arkalochori

New earthquake in Arkalochori A weak earthquake with a magnitude of 4.3 on the Richter scale was recorded by the seismological network in the early hours of Wednesday morning. The quake struck 341 km south / southeast of Athens. The epicenter of the vibration, which had a focal depth of 11.7 km, is located 5 […]

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US-Greece relations and the strategic dialogue: A conversation with Ambassador Geoffrey Pyatt

US-Greece relations and the strategic dialogue: A conversation with Ambassador Geoffrey Pyatt US Ambassador to Greece Geoffrey Pyatt joins The Greek Current to discuss the recent US-Greece strategic dialogue and the signing of the MDCA. We look beyond the US-Greece defense partnership to see how the strategic dialogue is transforming relations in a range of […]

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“Electroshock” with district heating in Ptolemaida

“Electroshock” with district heating in Ptolemaida With the harsh winter of Northern Greece just around the corner, the country’s largest energy center for more than 60 years, has already turned on the district heating switch. However, this year the έχει counter has gone crazy, causing an “electroshock” in the municipal company that manages it. This […]

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Amadeus: 77% of travelers want to travel in the next year with Europe reigning as top destination

Amadeus: 77% of travelers want to travel in the next year with Europe reigning as top destination The survey of 9,074 consumers across France, Germany, India, Spain, Russia, Singapore, the UAE, the UK, and the US shows the appetite to travel is high, businesswire.com reports. At the same time, it unveils that greater clarity on […]

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New coronavirus cases continue to rise with 3,739 reported on Tuesday

New coronavirus cases continue to rise with 3,739 reported on Tuesday Greek health authorities announced a recent high of 3,739 new cases on Tuesday, with only 12 being identified by testing conducted at the Greek border. The report by the National Organization for Public Health also announced 29 deaths and revealed that 356 patients are […]

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Cypriot artist angers church and government with protest paintings

Cypriot artist angers church and government with protest paintings Cypriot artist George Gavriel almost lost his job as a high school headmaster after his works depicting Jesus in unconventional settings and also taking a swipe at politicians drew the wrath of religious and government leaders. Gavriel, 62, uses his art as a protest medium to […]

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CPLP bond issue greeted with enthusiasm

CPLP bond issue greeted with enthusiasm Bidding demand for the bond issue by Capital Product Partners LP (CPLP) is close to record level. The five-year senior unsecured bonds by the Nasdaq-listed shipping company owned by Vangelis Marinakis are aimed to draw 150 million euros at a range of 2.6%-3%. The issue is addressed at the […]

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PPC – Green light from the General Assembly for share capital increase

PPC – Green light from the General Assembly for share capital increase With an overwhelming majority of over 99%, the body of PPC shareholders approved the increase of the company’s share capital by 750 million euros and the sale of 232 million new shares. At the same time, the extraordinary general meeting of shareholders approved […]

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Greek books at the 72nd Frankfurt International Book Fair

Greek books at the 72nd Frankfurt International Book Fair With more than 800 book titles, 14 publishers, 6 events, 4 authors, professional and literary meetings, Greece participates in the 72nd Frankfurt International Book Fair which takes place this year with a physical presence at the Frankfurt Messe Exhibition Center, from 20 to 24 October 2021 […]

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Taking US-Greece relations to the next level: A discussion with Ambassador Alexandra Papadopoulou

Taking US-Greece relations to the next level: A discussion with Ambassador Alexandra Papadopoulou Ambassador Alexandra Papadopoulou, Greece’s ambassador to the United States, joins The Greek Current to discuss the renewal of the MDCA and the strategic dialogue between Greece and the US, why these are significant developments as Greece looks to play a larger role […]

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Magnitude 6.1 quake jolts Karpathos, felt in Cairo, Israel

Magnitude 6.1 quake jolts Karpathos, felt in Cairo, Israel A strong earthquake with a preliminary magnitude of 6.1 shook the Greek island of Karpathos, in the southeastern Aegean Sea, on Tuesday morning, with reports saying it was felt as far as Egypt and Israel. The tremor struck at 8.32 a.m. local time about 127 kilometers […]

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Greek Prime Minister: Dealing with the pandemic is a government priority

Greek Prime Minister: Dealing with the pandemic is a government priority “The government is giving priority to dealing with the pandemic. We are still battling to persuade our fellow citizens to get vaccinated. I have three meetings a week with the health policy team,” Prime Minister Kyriakos Mitsotakis said in Parliament on Monday, in response […]

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Newly confirmed COVID-19 cases, deaths steadily rising

Newly confirmed COVID-19 cases, deaths steadily rising With colder autumn weather setting in and much of northern Greece having been characterises as a red, high risk zone due to the exceptionally low rate of vaccination and higher number of cases, experts are increasingly concerned about the gradual, daily rise in the number of newly confirmed […]

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ATHEX: Stock index starts week with a drop

ATHEX: Stock index starts week with a drop The early gains for the benchmark at Athinon Avenue had been reversed by the end of the week’s first session, although the overall market picture was mixed and the banks and mid-caps indexes both posted an increase. Perhaps the market is already looking forward to this Friday’s […]

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Α difficult 12 months lie ahead

Α difficult 12 months lie ahead The eurozone inflation rate of 3.4% is the highest recorded in 13 years, with its core nucleus (that is to say, free of the volatile prices of food and energy) standing at a rate of 1.9%, the highest it has been since 2008. Isn’t that amazing? Let’s make it […]

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ATHEX – Banks supporting

ATHEX – Banks supporting With support from the banking sector, the Greek stock market is currently trying to remain at the level of 895 points, although earlier it caught a whiff of 900 points, which scared it back down. At the moment, the general index is moving with small gains of 0.01% at 894.84 points. […]

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Mitsotakis: Dealing with the pandemic is a gov’t priority

Mitsotakis: Dealing with the pandemic is a gov’t priority “The government is giving priority to dealing with the pandemic. We are still battling to persuade our fellow citizens to get vaccinated. I have three meetings a week with the health policy team,” Prime Minister Kyriakos Mitsotakis said in Parliament on Monday, in response to a […]

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SYRIZA leader Tsipras accuses government of failure in dealing with the pandemic

SYRIZA leader Tsipras accuses government of failure in dealing with the pandemic Main opposition SYRIZA-Progressive Alliance leader Alexis Tsipras described the course of the pandemic in Greece as extremely worrying, while speaking in Parliament on Monday, accusing the prime minister of “a catastrophic failure in dealing with the coronavirus and concealment of the truth.” “The […]

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The Greek Rhythm and Blues Legend Who Passed as Black

The Greek Rhythm and Blues Legend Who Passed as Black Johnny Otis with Marie Adams & the Three Tons of Joy. He was considered the godfather of rhythm and blue. Credit: Twitter/sirafuzi333 While James Brown was seen as the Godfather of soul music, for many music critics Johnny Otis was considered the Godfather of rhythm […]

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An American president with special knowledge

An American president with special knowledge Criticism of Turkish practices by the international community is a recurrent feature in world politics. Recently all 15 United Nations Security Council members condemned President Recep Tayyip Erdogan’s announcement to further reopen the abandoned resort of Varosha in Turkish-occupied Cyprus and agreed that no actions should be carried out […]

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Greek-US relations taken to new level

Greek-US relations taken to new level The renewal of the defense pact last week with the US further shields Greece from threats, according to Foreign Minister Nikos Dendias in an interview with Kathimerini shortly after returning from Washington, where he signed the new five-year term framework for the presence of the US Armed Forces in […]

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Former PASOK PM continues meeting with KINAL leadership candidates

Former PASOK PM continues meeting with KINAL leadership candidates Former PASOK Prime Minister George Papandreou continued meeting with candidates for the leadership of the center-left Movement for Change (KINAL) on Sunday. The goal of the meetings is to reinforce party unity in the run-up to the leadership election. Papandreou scheduled meetings with Pavlos Geroulanos and […]

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Merkel Meets With Erdogan in Turkey on Farewell Visit

Merkel Meets With Erdogan in Turkey on Farewell Visit German Chancellor Angela Merkel and Turkish President Recep Tayyip Erdogan in Istanbul in January of 2020. Credit: AMNA Outgoing German Chancellor Angela Merkel met with Turkish President Recep Tayyip Erdogan during her last official trip to Turkey on Saturday. Merkel, who has lead Germany for the […]

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Experts warn of major spike in COVID-19 cases due to low vaccination rate

Experts warn of major spike in COVID-19 cases due to low vaccination rate With hospitals in northern Greece already over-burdened with COVID-19 cases, in large measure because of the low rate of vaccination in the region (in some areas as low as 40 percent), experts on the National Committee on COVID-19 are expressing deep concerns […]

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Deal with strong US guarantees

Deal with strong US guarantees Athens’ diplomatic regional clout was enhanced Thursday with the signing of the renewal of the Mutual Defense Cooperation Agreement between the United States and Greece. “The revision of the mutual defense cooperation agreement we will sign in a few minutes is symbolically and substantially the foundation of our long-term partnership,” […]

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Government touts defence agreement with US as ‘huge success’, upgrade of Greece’s geopolitical role

Government touts defence agreement with US as ‘huge success’, upgrade of Greece’s geopolitical role Government spokesman Yannis Economou today described the US-Greece Mutual Defence Cooperation Agreement as a huge success for the country and as a response to Turkey’s threat of war against Greece, even in the event that Greece is confronted with an attack […]

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