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Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
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Economic sentiment stable in June, but consumer confidence drops
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BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
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Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
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Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
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IMF raises outlook on Greek debt sustainability to merely 'uncertain'
Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Two recent decisions by first instance courts in Thessaloniki and Athens that awarded pensioners backpay for income lost due to the pension cuts in 2012 has put the spotlight back on a decision by the Council of State (CoS) in 2015 that deemed the pension cuts which were legislated in two instances in 2012 as unconstitutional.
This, in turn, has placed the focus on the potential fiscal implications of this decision for the pension system.
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