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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
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PMI rises to 50 points in September, signalling stabilisation
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
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Greece draws strong interest, attractive yield by re-opening 10-year bond
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
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OECD releases new outlook calling for sustained reforms post Covid-19
Ministry's actuarial study shows the devastating impact of the crisis on the pension system
The Labour Ministry published on Thursday the long-awaited actuarial study that accompanies the pension reform outlining the key factors that had a negative impact on the sustainability of the Greek pension system.
The prolonged economic crisis had a negative impact on employment as well as on the income of self-employed reducing the pension system revenues from their contributions, while increased retirement resulted in a notable rise in the number of pensioners.
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