Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economic sentiment stable in June, but consumer confidence drops
BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
IMF raises outlook on Greek debt sustainability to merely 'uncertain'
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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