Weblog of The Gate to Greece. Mainly about Athens and Piraeus because I live here and especially about food because I love it.
30 March, 2012
There are still many cafeterias in Athens that are offering a cappuccino for 4.50 euro and more, here is Gregoris here is a clear sign of deflation. It started as a temporary offer and now it is permanent. A small cup of cappuccino is now one euro, down from 1.80!
It is unavoidable phenomenon and for me who lived the same in Japan for several years it is not a good sign unfortunately.