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
Committee of wise men proposes drastic changes to Greece's pension system
The findings of the committee established by the Labour Ministry to examine the current situation and propose a new plan for Greek pension system were presented on Thursay.
The committee concluded that the pension system is not viable and it is complicated, while the retirement conditions, social security contributions (SSC) and state subsidies vary not only between the different pension funds but also among those insured ...
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