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Disposable income rises by 7 pct in Q2 as economy recovers, savings still positive
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S&P holds off on new rating upgrade, ECB holds key to investment grade
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Some key tasks pending as Greece edges closer to completing post-programme process
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PBO highlights exceptional factors supporting recovery, cautions against complacency
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Govt grabs opportunity offered by escape clause to entice voters with support package
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Recovery in car sales slows to 2.7 pct in August
Court verdict on 2016 pension reform seen having fiscal impact
Rulings from the Council of State just published deem parts of the 2016 pension reform, known as the Katrougalos law, unconstitutional and mean the new government will have to redesign parts of the social security system and incur a reported annual fiscal of around 300 million euros.
The directives of the law passed by the previous SYRIZA government that were deemed unconstitutional include the formula for calculating self-employed contributions, the ceiling of 1,300 euros on auxiliary pensions, and the calculation of auxiliary pens...
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