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Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
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PDMA's debt strategy for 2022 includes green bond in 12 bln haul
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PBO outlines positives from 2021, warns about uncertainty in 2022
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High participation in bond swap provides end of year boost
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Greek bond yields edge up as PEPP winds down
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OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
Covid recession bumped pension spending to 18 pct of GDP in 2020
Total age-related expenditure amounted to 26.4 percent of gross domestic product last year, according to figures in the Finance Ministry’s Stability Programme.
Pension spending rose to 18 percent of gross domestic product in 2020 as the economy shrank and various court decisions cancelled prior cuts, leading to backpay for hundreds of thousands of pensioners.
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