Distillation

Exports of Greek spirits rise

More ouzo, tsipouro and raki produced by Greek distilleries than ever before went to consumers outside Greece in 2022, as a historic record was set in exports of Greek alcoholic beverages.

Exports were higher in value and quantity not only compared to 2021 but also to 2019, the last year before the outbreak of the pandemic.

Day 119 of the Invasion of Ukraine: American “Nazi Hunter” to head the War Crimes Commission

Here are the highlights of events related to the war in Ukraine over the past 24 hours:

Between 20 and 30% of Ukraine's infrastructure has been destroyed

Between 20% and 30% of Ukraine's infrastructure has been destroyed as a result of Russia's invasion. Roads, bridges, ports, railways and airports were destroyed.

Greek refineries stocking up on cheaper oil

The country's oil refineries, which are directly linked to the global oil market, are having to manage an unprecedented situation as a result of the volatility created by the slump in demand due to travel restrictions enforced around the world to contain Covid-19 and which sector officials describe to Kathimerini as the absolute imbalance of supply and demand.

Hellenic Petroleum sees stronger Q3 as refining margins rise

Greece's biggest oil refiner Hellenic Petroleum expects stronger financial results in the third quarter thanks to higher refining margins, it said on Thursday.

Hellenic, which runs three refineries and exports more than half its output, reported an 18 percent drop in second-quarter core profit.

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