Eurozone inflation rises to 3% as Greece reaches 4.6%

9 articles · Updated · Kathimerini English Edition · May 4

April inflation was up from 2.6% in March across the euro area and from 3.4% in Greece, while Bulgaria recorded the bloc’s highest rate at 6.2%.
The report says Greek prices rose far faster than wages and productivity over 2020-2025, pointing to profit-led inflation, weak competition and cartel-like market dominance.
It argues inflation has widened the gap between profit and labour income, boosted tax revenues and fiscal surpluses, and helped lift the 2019-2024 profit-work income spread by 69.5%.

As Greek banks report record profits, why are citizens facing stagnant wages and a widening prosperity gap?

Is Greece's 'profit inflation' a temporary crisis side-effect or a permanent feature of its cartel-dominated economy?