Greece completes first bond issue in three years, eyes more on way out of programme
Greece announces return to markets with 5-year bond, mostly targeting swap
Travel receipts edge up 1.7 pct in May on higher foreign arrivals
S&P revises Greece outlook to positive, affirms 'B-' rating
HRADF's updated asset development plan sets out next batch of privatisations
Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
Crumbling Greek pension system threatens big fiscal gap, budget derailment
Social security funds (SSFs) are the weakest link among the main general government (gg) entities, showing a significant deterioration in their fiscal performance in the course of 2015 and creating a looming challenge for the coalition.
Based on the latest gg bulletin for July, SSFs posted a cash primary deficit of 458 million euros in the 7-month period from a surplus of 359 million in the corresponding period last year, which means there was a fiscal deterioration by 817 million year...
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