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First deflation in over 40 years hits Greece, reminder of recession reality

11.04.2013. | Greece’s consumer price indexes have decreased 0.2%, marking the first deflation since 1968. It might mean the peripheral euro economy may be in more trouble- if the trend continues Greece will amass even more debt. The Hellenic Statistical Authority released data Tuesday in an official press release. The deflation is linked strictly to the consumer......


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