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Greece raises the minimum wage by 2%, PM Mitsotakis announced

Prime Minister Kyriakos Mitsotakis announced on Monday the raise of the minimum wage by 2 percent. He made the announcement during a cabinet meeting. The minimum wage increases from 650 euros gross to …663 euros. Mitsotakis made the announcement during a cabinet meeting and said that the government decided to …

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Historic Low: Yield for Greek 10-Year Bond dips below 2%

Greece’s borrowing cost fell sharply and recorded a new historic low when the Greek 10-year bond yields dipped below 2% for a short time on Wednesday. The Greek bond yield fell even below the yield of the US. US: 2.05% Greece: 2.01% The downward trend for the once “skyrocketing” Greek …

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ELSTAT: Greece’s Deflation at -2% in May 2014

I don’t know if deflation in the debt-ridden country keeps pace with the speed of the famous train bringing success and development in Greece. Fact is that deflation, that is the decrease in the general price level of goods and services, accelerates in high speed. According to Greek Statistics Authority …

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