Services and food continue to be the main components of inflation in the Eurozone - The rate of increase in food prices in Greece is at 4.8%
eurozone
The lowest inflation rates in the euro area are observed in Spain and Belgium (2.4%)
"Broad support of aggregate demand through fiscal policies in 2023 is not justified", Eurozone finance ministers stress
Eurostat confirmed on Friday that inflation in the eurozone hit an all-time high of 9.1% in August
Eurozone annual inflation rose to 8.9% in July, from 8.6% in June
Greece has the highest youth unemployment rate in the EU
Estonia had a 20.1% inflation rate
Inflation in the Eurozone hit a record high in February, according to Eurostat, as it stood at 5.8%
Austria received orders from investors amounting to 40 billion euros and Greece 25 billion euros for their new 10-year bonds
The two countries were accepted into the ERM-2 mechanism, a preliminary stage for adopting the euro as their currency