ECB's Issing says high Greek inflation "worrying"

GREECE - Greece's higher than eurozone average inflation is a "worrying development" that poses problems to Greek competitiveness, European Central Bank Chief Economist Otmar Issing said on Sunday.

"The more average Greek inflation remains higher than the euro zone average, the more problems will be created for the competitiveness of the Greek economy. It is a worrying development," he was quoted as saying in an interview with the Sunday Kathimerini newspaper.

Greece's EU-harmonised inflation i