Dispute over pensions backlog as future burden from retirees highlighted
IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
Central bank points out signs of recovery in business lending
BoG underlines progress in NPE reduction but stresses need for systemic solution
BoG report notes challenges to Greek economy, issues warning over high fiscal targets
PDMA releases details of 10-year bond, highlighting strong interest
Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP
Unpaid private debt in Greece is estimated to have reached around 160 billion euros, which corresponds to 88 percent of GDP, but was largely ignored until the last few days, when it became a key issue in the discussion between the government and the troika.
Apart from the outstanding amount, the dynamic, which clearly shows a steady upward trend, is also a worrying factor.
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