Latest News from Greece
Deflation persists for a 42nd month
Greece's headline consumer price index fell 0.9 percent year-on-year in August, with the annual pace of deflation picking up from -1.0 percent in July, statistics service data showed on Friday.
This was the 42nd consecutive month of CPI decline. Consumer prices were led higher by alcoholic beverages, tobacco, durable goods, transportation, hotels and restaurants.
Tsipras calls for dialogue for a better Europe, says initiative not divisive after EuroMed summit
At the end of a summit of southern European leaders in Athens on Friday, Greek Prime Minister Alexis Tsipras called for dialogue to create a better Europe, to inspire its citizens again, and declared that the leaders had agreed on a series of points for improved cooperation with a declaration to follow later in the day.
Eurogroup to Greece: Get back to work on bailout reforms
Eurozone finance ministers pushed Greece on Friday to get back to work on the bailout package before getting a new tranche of money.
Ministers at theinformal Eurogroup summit in Bratislava on Friday expressed concerns that the country, which was due to update the group, was falling behind schedule in its efforts.