Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
PDMA sets 2020 goals to build on improving conditions for debt
BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
Latest T-bill auction nets near-zero yield, rounding off landmark year for sovereign debt
Car sales rise slows to 5.3 pct in October
Latest T-bill auction highlights shift in Greek yield curve
Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Two recent decisions by first instance courts in Thessaloniki and Athens that awarded pensioners backpay for income lost due to the pension cuts in 2012 has put the spotlight back on a decision by the Council of State (CoS) in 2015 that deemed the pension cuts which were legislated in two instances in 2012 as unconstitutional.
This, in turn, has placed the focus on the potential fiscal implications of this decision for the pension system.
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