News archive of January 2020

Weather Forecast: Maximum Temperatures between 9C and 14C

Today, clouds, initially high and medium-level, will increase, and by the end of the day and overnight only some places in eastern Bulgaria will see light rain. A moderate west-southwest wind will blow. Maximum temperatures between 9C and 14C, in Sofia - about 10C. Atmospheric pressure will drop and by the evening it will again be lower than the average for the month.

Exhibition shows snapshots of modernist architecture

One hundred years after its foundation, bauhaus imaginista, a major international project that marks the centenary of the Bauhaus by focusing on its global reception, offers a new interpretation of the Bauhaus as a globally connected institution and as a proposition of modernity, of the kind that drew its impulse from encounters and exchanges with various cultures.

bauhaus imaginista exhibition at SALT Beyoğlu

One hundred years after its foundation, bauhaus imaginista, a major international project that marks the centenary of the Bauhaus by focusing on its global reception, offers a new interpretation of the Bauhaus as a globally connected institution and as a proposition of modernity, of the kind that drew its impulse from encounters and exchanges with various cultures.

Pompeo welcomes ratification by Greek Parliament of updated US-Greece defense deal

US Secretary of State Mike Pompeo welcomed the ratification by Greek Parliament on Thursday of an agreement with the US for a significant expansion of military cooperation.

In a tweet, Pompeo said the updated Mutual Defense Cooperation Agreement agreement is "a strategic touchstone in our defense relationship."

Supermarket turnover edges up in 2019

Supermarket turnover posted an annual increase in 2019, albeit less than in previous years, according to IRI Hellas researchers. Provisional estimates for 2020 sales are even more pessimistic, which market analysts attribute to the fact the disposable income has not yet improved significantly, as well as to the aging population.

Lamda gets 1.1-bln loan for Elliniko

Lamda Development has reached an agreement with Eurobank and Piraeus Bank for loans adding up to 1.1 billion euros.

Small realty owners to benefit

Owners of small and medium-sized property will come out on top following the adjustment of the Single Property Tax (ENFIA) in 2020.

Shutdown decision for two casinos

The Hellenic Gaming Commission (EEEP) shut down the Rio and Alexandroupoli casinos for the next two months on Thursday due to debts to the Single Social Security Entity (EFKA).

According to EFKA's report, the Rio casino had overdue contributions arrears that topped 25 million euros, while the Alexandroupoli casino owed 12.5 million euros.

ATHEX: Fourth day of stock losses

Global concerns over the expansion of China's coronavirus have taken a toll on international markets, with the Greek bourse again being no exception. Thursday's was the fourth consecutive session of losses, which so far this week have added up to 1.6 billion euros in capitalization.

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