Greek Deflation Rises
Last month, Greece experienced additional deflation; the consumer price index fell -2.1%, compared to last year's May, as reported by Eurostat today.
Hellenic Public Transportation Decreases Fares
On September 1st, Hellenic public transportation will reduce its prices, as confirmed by Transport Minister Michalis Chrysochoidis today.
Greek-Cypriot Businessman Arrested, Athens
In Athens, a Cypriot businessman was arrested due to unpaid debts owed to the Greek government, totaling more than 12 million euros.