High participation rate helps bond swap tick box
Greece continues debt management with swap of bonds worth 30 bln
Retail sales continue their rise in July as consumer confidence improves
Rating agencies concur in improved prospects for Greece
Fitch upgrades Greek rating to B-, sees debt sustainability improving
Greece completes first bond issue in three years, eyes more on way out of programme
Ministry's actuarial study shows the devastating impact of the crisis on the pension system
The Labour Ministry published on Thursday the long-awaited actuarial study that accompanies the pension reform outlining the key factors that had a negative impact on the sustainability of the Greek pension system.
The prolonged economic crisis had a negative impact on employment as well as on the income of self-employed reducing the pension system revenues from their contributions, while increased retirement resulted in a notable rise in the number of pensioners.
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