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Athens News Agency: News in English, 08-03-11

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Inflation jumps to 4.4% in Feb.
  • [02] Athens Newspaper Headlines

  • [01] Inflation jumps to 4.4% in Feb.

    The annual inflation in Greece jumped to 4.4 percent in February 2008, compared with the same month last year, after a 2.7-pct figure during the 12-month period from February 2006 to February 2007.

    The National Statistics Service said the consumer price index fell 0.8 percent in February from the previous month, after an 1.3-pct decline in February 2007.

    The country's harmonised inflation rate jumped to 4.5 pct in February from 3.0 pct in February 2007.

    The statistics service said the 4.4-pct inflation rate in February reflected a 10.2 pct increase in housing prices, a 6.6 pct rise in food and beverage prices, a 5.3 pct increase in transportation prices, a 4.6 pct rise in education prices and a 4.3 pct rise in hotel-coffee-restaurant prices.

    Emmanouel Kontopyrakis, secretary-general of the statistics service, said the consumer price index was expected to remain around February's levels in March, on the precondition that oil prices did not show significant changes.

    Kontopyrakis said the core CPI (excluding fuel and seasonal goods) rose to 3.3 pct in February, from 2.8 pct in January and 2.9 pct in February 2007.

    [02] Athens Newspaper Headlines

    A barrage of strike actions to protest a social security draft law tabled in Parliament last week, with the main focus on an ongoing strike by Public Power Corp. (PPC) employees, dominated the front pages of Tuesday's dailies.

    ADESMEFTOS TYPOS: "PPC on brink of blackout - Today the critical day".

    APOGEVMATINI: "Threat of new power cuts - Difficult week ahead due to continuation of strike mobilisations and deficiencies in power supply".

    AVRIANI: "PPC 'labor-fathers' (trade unionists) facing the docks for plunging country into darkness, destroying the economy and blackmailing society - GENOP-DEH (PPC employees' union) leaders facing heavy accusations, while professionals, merchants and industrialists filing barrage of lawsuits".

    CHORA: "5,951 hirings in public sector - Deep-rooted changes to ASEP (public sector hiring examinations board) examinations".

    ELEFTHERI ORA: "Week of garbage, strikes, work-stoppages".

    ELEFTHEROS: "It's outdated, let's raze it to the ground - Which PASOK (main opposition party) want its demolition and creation of new party".

    ELEFTHEROS TYPOS: "State of siege in view of social security reforms - The country in a 15-day vise - Union escalating its power cuts - Mountains of garbage on city streets".

    ELEFTHEROTYPIA: "The battle over social security reforms begins today in Parliament - Government in a hurry".

    ESTIA: "Week of mobilisations - The social security bill sparks reactions".

    ETHNOS: "Mothers and 60-year-olds fleeing (opting for early retirement) before the 'reforms' hatchet falls".

    TA NEA: "Sanidas (prosecutor investigating the lengthy power cuts due to the PPC employees' strike in protest of the social security reforms) a life raft for the social security reforms - Prosecutor's 'short-circuit' on PPC".

    VRADYNI: "Social security bill: The path to the 152 votes - The bill is before the parliament's social affairs committee".

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