Wednesday September 17, 2014 Search
Weather | Athens
27o C
20o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Cyprus sees deflation in 2013 after 49 years

Cyprus experienced deflation in 2013 for the first time in 49 years according to the country’s statistical service.

The consumer price index in the crisis-battered Republic of Cyprus suffered a 0.4 percent yearly decline last year, following a decline of 2.3 percent in December on an annual rate.

In November prices had shrunk by 2.1 percent and in December 2012 prices had grown by 1.1 percent.

The statistical agency noted on Friday that the phenomenon of deflation in December 2013 was mostly due to the reduction in electricity rates, on air ticket prices and in the cost of potatoes and certain types of clothing. However, some categories of fresh vegetables saw prices rise last month.

ekathimerini.com , Monday Jan 6, 2014 (18:55)  
Sports events extend season of tourism
Gov’t to ask for subsidy return
Shipping sector concentrates but still expands despite crisis
First step toward transformation of Athenian Riviera
Pensions audit draws money, finds major fraud
A review of all the pensions being issued by the Greek state which started two years ago in a bid to weed out false claims has resulted in savings of 42.2 million euros, Alternate Finance Mi...
Athens dismisses Davutoglu´s invitation to tea on Cyprus
Turkey’s new Prime Minister Ahmet Davutoglu visited the occupied part of Cyprus on Tuesday and suggested that Greek Premier Antonis Samaras should join him there for peace talks but Athens d...
Inside News
SOCCER
Mitroglou seals Olympiakos´s 3-2 triumph over Atletico
Costas Mitroglou returned to scoring after 10 long months to seal a famous victory for Olympiakos in the Champions League as the Greek champion defeated visiting Atletico Madrid 3-2 on Tuesd...
SOCCER
Olympiakos, Atletico gear up for Champions League opener
A rousing 2-1 La Liga victory at Real Madrid on Saturday may suggest otherwise, but Atletico Madrid is still rebuilding after losing several key players in the close season, coach Diego Sime...
Inside Sports
COMMENTARY
Loud patriotism
I admit that whenever politicians drag religious faith and worn-out patriotism into discussions I button up. I feel the same way when I see bishops blatantly getting involved in politics. To...
EDITORIAL
In need of a second wind
Greek Prime Minister Antonis Samaras and a few of his ministers have gone to great lengths to see Greece regain credibility in the eyes of its partners. Given that the state mechanism is not...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Mitroglou seals Olympiakos´s 3-2 triumph over Atletico
2. Sports events extend season of tourism
3. Gov’t to ask for subsidy return
4. Shipping sector concentrates but still expands despite crisis
5. First step toward transformation of Athenian Riviera
6. Pensions audit draws money, finds major fraud
more news
Today
This Week
1. Loud patriotism
2. In need of a second wind
3. Greece at bottom of social justice scale among EU28
4. Lessons not learned
5. Golden Dawn candidate found guilty of inciting racist violence
6. Promises, promises
Today
This Week
1. Greece on standby
2. A Greek God
3. Avramopoulos appointed Commissioner for Migration and Home Affairs
4. Central Athens traffic restrictions back in force on Monday
5. EU bank tests may miss trillion dollar risk, study finds
6. Pavlos Fyssas murder trial expected to start before the end of the year
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.