Eurostat figures for September confirmed on Tuesday that Greece had the lowest inflation in the eurozone, at just 0.3 percent, while the average in the euro area was 2.6 percent and in the 27-member European Union, 2.7 percent.
Despite the general decline in the prices of products and services, they are still at relatively high levels in comparison with disposable incomes, which have shrunk dramatically.
It is no coincidence that Finance Minister Yannis Stournaras insists that there is no need for further intervention in the labor market, but rather in the product and service sectors.
Analysts say that prices remain high because various enterprises are refusing to cut charges and there are barriers to the free transport of goods.
Prime Minister Antonis Samaras and his coalition partners, PASOK leader Evangelos Venizelos and Fotis Kouvelis of Democratic Left, are to meet at 8.30 p.m. for the third attempt in less than...
As Greece’s coalition leaders struggled to solve a dispute over the closure of state broadcaster ERT on Wednesday, troika envoys said they were leaving Athens for a “pause,” noting that “imp...
New PAOK coach Huub Stevens has called for unity among fans after taking charge of the Greek club whose players said they feared for their lives last season because of regular protests.
Gree...
Greek canoeing champion Andreas Kiligkardis died on Wednesday after losing his battle against leukemia.
The 37-year-old had been in a coma since last Tuesday at a hospital in Poland - where ...
The people of this country need to see their politicians start producing real, tangible results. One of the leading factors behind the anger and frustration felt by so many Greeks toward the...
There is no room for ego trips and personal whims when the country’s survival is at stake. The three party leaders who agreed just a year ago to join forces in order to govern the country mu...
