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My understanding is it refers to 'something new' like new beginnings. However I did read somewhere that there is another similar word which sounds/pronounced the same way which means also means 'new', but new as in never before happened. It is not a new model Ford car or another new job that has happened before, rather something totally different or a new experience in your life. It might also be the same word but with two meanings.
νέο ξεκίνημα (neo ksekinima)

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10y ago

What else can I help you with?