Greece

inflation

Greece Has EU's Lowest Inflation Rate

It may not matter much in the aftermath of  deep pay cuts, big tax hikes and slashed pensions, but Greece at least has the European Union's lowest inflation rate, a mark of 0.3 percent recorded in December, 2012 and...

Bank of Greece Describes Potential Exit from Eurozone as 'Natural Disaster'

The Bank of Greece describes a potential exit from the Eurozone as a nightmare for Greece. The Drachma would be followed by a currency devaluation of 65%, the country's inflation will rise up to 30% and unemployment rates will...