Tags
Pensions
RSS-
Athens expects 800 mln sub-tranche as review talks progress
EconomyProgrammeThe European Stability Mechanism’s (ESM) board of directors is due to meet on Thursday and is expected to approve the disbursal of the 800-million-euro bailout sub-tranche that has been pending since the summer.
-
Athens rushing to reduce arrears and secure 800 mln in bailout funds
EconomyMacroeconomyThe Greek Finance Ministry finds itself in a race against time to meet the target of paying back some of its arrears to the private sector and secure the last part of the European Stability Mechanism disbursement worth 800 million euros.
-
Greek demographic ratios among the worst in Europe
SocietyAccording to a new report by the Berlin Institute for Population and Development, Greece is set to have one of the worst population demographics in Europe by 2050.
-
The Court of Audit's opinion on new pension cuts and its implications
LegalAccording to article 73(2) of the Greek Constitution: “Bills referring to the definite attribution of pensions and to the conditions for such an attribution are only introduced by the Minister of Economics following a Court of Audit’s Opinion respectively (…)”.
-
Labour Ministry publishes latest pension breakdown
EconomyMacroeconomyThe Labour Ministry's IDIKA bulletin showed that annual pension cost for social security funds stands at 28.11 billion, or 16 percent of GDP.
-
Finance Ministry details impact of pension interventions, sees 2021 social budget surplus at 3.17 bln
EconomyProgrammeThe Finance Ministry tabled a legislative improvement in the multi-bill with prior actions, presenting the impact of the 2015-2016 social security fund interventions up to 2021.
-
Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgrammeThe government tabled in Parliament on Saturday night the Medium-Term Fiscal Strategy (MTFS) for 2018-2021 as the last article in the 275-page multi-bill containing the measures needed for the conclusion of the second programme review.
-
Court ruling on pension cuts more political problem than legal obstacle for govt
PoliticsGreek PoliticsThe government insisted on Wednesday that the vote on the multi-bill is due to go ahead as normal next week despite the Court of Audit raising doubts about the pension cuts included among the measures that Greek MPs need to approve.
-
Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammeThe updated supplemental memorandum of understanding (sMoU), which was drafted following a technical agreement between Greece and its lenders, was leaked in Handelsblatt on Monday evening.
-
Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammeGreek Finance Minister Euclid Tsakalotos emerged from talks with the institutions at around 6 a.m. on Monday to announce that there had been an agreement between the various participants.