The European Central Bank left its key interest rate at 2% and is expected to maintain that stance next month before reopening talks on possible cuts in the autumn.

Consumers face higher costs as fruits, meat, fish, coffee, and sweets see price hikes, with further increases expected due to rising production and labor costs.

Inflation in Greece accelerated in July, driven by surging rents, higher energy bills, and rising prices in clothing, food, and hospitality, despite a sharp drop in olive oil prices

Greek Prime Minister Kyriakos Mitsotakis revealed the establishment of a national authority tasked with market price oversight and consumer protection during his address at a cabinet meeting on Wednesday morning in Athens. The Greek Prime Minister said the new body would be set up on the Swedish model, adding that protecting Greek households was a […]

Compared to February, inflation decreased in 16 member states, remained unchanged in one, and rose in ten.

Among Eurozone countries, Ireland, Italy, and Finland recorded the lowest inflation rates in January, at 1.7% each

The Governing Council of the European Central Bank (ECB) decided to cut interest rates by 25 basis points for a third consecutive time.

Greek PM Kyriakos Mitsotakis again dismissed claim of seeking EU position, or possibility of snap election, during customary TIF press conference

Marginally up from 3.0% in July 2023, exceeds Euro Area average of 2.2%

The negative development prompted the relevant development minister to meet with supermarkets' representatives to hammer out a plan to contain rising food prices

It was up by 2.3% compared to June of 2023, according to preliminary figures by the country’s statistical authority ELSTAT

The PM urged people to watch Coldplay's latest video clip shot at the Odeon of Herodes Atticus

Greek households appear more pessimistic over the course of inflation in the coming 12-month period, compared with households in the rest of the Eurozone. The average expectations for inflation in Greece over the next 12 months remained stable at 10% in February 2024, while falling slightly in the Eurozone at 3.1%. The sentiments were found […]

The repeated there was no cover up of the Tempi train crash

The inflationary pressure on food continues to mount, with a significant uptick of 6.7%. Notably, olive oil saw a staggering 63.4% surge, while fruit prices spiked by 12.3%

Greek households have seen decreasing disposal income from surging prices on supermarkets' shelves, especially for products such as milk, cheeses and cooking oils

Food prices are the primary worry in the east Med country