Hellenic tourism revenue soared 28% between this January to April, and reached 900 million euros.

As reported by Eurostat, Cypriot total hourly labor rates decreased by 6.9% in the first three months of the year, in comparison to the same time frame last year.

Last month, Greece experienced additional deflation; the consumer price index fell -2.1%, compared to last year's May, as reported by Eurostat today.