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Greek Fin. Min. in Brussels for Eurogroup

In the shadow of the collapse of Silicon Valley Bank in the United States, and a few 24 hours before the meeting of the European Central Bank, where, unexpectedly, another increase in interest rates will be decided, the finance ministers of the Eurozone are meeting today.

Jefferies: Starts coverage of Greek banks

Jefferies started covering Greek banks. The American investment house reports that Greek banks are not the typical recovery story as many think, however, the momentum of interest income is strong and offers great upside in the short term.

Greek inflation rate fell to 6.5% in February

The Greek annual inflation rate fell to 6.5% in February from 7.3% in January, Eurostat said in its flash estimate on inflation trends. In a report released in Brussels, Eurostat said the annual inflation rate in the Eurozone was expected to ease slightly to 8.5% in February from 8.6% in January, reflecting prices increases in food, alcohol and tobacco (15% and 14.1%, respectively), followed by energy (13.7% from 18.9% in January) and non-energy industrial goods (6.8% from 6.7% in January). The consumer price index in the services sector rose 4.8% in February from 4.4% in January.
Latvia (20.1%), Estonia (17.8%) and Lithuania (17.2%) recorded the biggest inflation rates, while Luxembourg (4.8%), Belgium (5.5%), Spain (6.1%) and Greece (6.5%) had the lowest rates.

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