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Investment grade boost visible in strong demand for Greek assets
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Labour database shows 8 in 10 workers earn less than 1,200 per month
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Investment grade rewards evident in first bond issuance of 2024, attracting record demand
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PDMA taps markets for first time this year via modest bond reopening
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Greece aims to replicate last year's successful debt strategy in 2024
New round of cuts in supplementary pensions
The Unified Auxiliary Insurance Fund (ETEA) confirmed on Wednesday that 230-240,000 supplementary pensions, around 20 percent of the total number of 1.24 million, will be downward adjusted.
ETEA said that the first group involved pensioners of eleven auxiliary funds that have been consolidated into ETEA during 2012-2013. From a total of 311,680 pensions of those funds, 66,900 (21 percent) were trimmed in August.
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