Greece's Ecologists-Greens party on Monday strongly criticised the government's failure to rein in rising prices, demanding an explanation for a new hike in Greek inflation.

EcoGreens spokesman Yiannis Paraskevopoulos pointed out that there was a further spike in Greek inflation, which was already among the highest in the Eurozone, at a time when wages and pensions were constantly decreasing and thousands were joining the ranks of the unemployed.

"The Memorandum had talked of a contraction of not just wages but also the cost of living," he pointed out, noting that the government and the EU-IMF troika had an obligation to explain the failure of their policies to the ordinary citizens that had to pay the consequences.