Last month, Hellenic consumer rates decreased by 2%, with the yearly rate of deflation advancing from a 1.3% decline in April prices, as revealed in an ELSTAT report today.

Today, the International Monetary Fund stressed that Greece is required to increase its public sector effectiveness in order to make fiscal goals and not require new austerity protocols.

Today brought the swearing-in of Greece's new cabinet, that occurred at the Presidential Palace in Athens this afternoon.