Greek consumer prices fell year-on-year in March, taking the battered economy into deflationary territory for the first time since 1968.
While deflation will come as good news for exporters and squeezed consumers, a sustained bout of falling prices will drive up the Greek debt burden, and could force its lenders to accept more losses.
Read the complete article at The Telegraph here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.