Yields rise, but Greek debt still partly shielded from market headwinds
Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record
Moody's, DBRS keep ratings unchanged, leave no doubt that fiscal prudence is key for next moves
Finance Ministry costs new support package, but questions remain over electricity subsidies
Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop
Hiring balance slows in June as job market returns to normal levels
Pending pensions mount up, complicating fiscal effort
During the recent annual conference organised by the Confederation of Social Security Workers (POPOPK), its chairman provided an update on the key pension fund figures, which continue to demonstrate a bleak outlook for the Greek social security sector.
The estimated 2016 deficit for the two main pension funds, the Social Security Institute (IKA) and the Freelancer Insurance Organisation (OAEE), stands close to 3 billion euros. The majority (2.16 billion euros) of this stems from IKA and 670 million fr...
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