Deposit outflow at 550 mln in Oct, led by a decline in corporates
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
S&P leaves Greece a notch away from investment grade as outlook blurs
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Yields rise, but Greek debt still partly shielded from market headwinds
Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
Greek pension funds have lost 32 billion euros since the beginning of the crisis and are facing a funding gap of 5.1 billion euros but the collection of social security contributions is improving, according to new figures.
During the annual conference of the Confederation of Pension Fund Workers (POPOPK), its chairman outlined some key figures that indicate a rather bleak outlook for the social security sector in 2014.
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