
Total assets of pension funds increased to €1,838 million in the fourth quarter of 2021, from €1,777 million in the previous quarter, according to the Bank of Greece
In the fourth quarter of 2021, total assets of pension funds increased to €1,838 million compared with €1,777 million in the previous quarter and €1,698 million in the fourth quarter of 2020.
In further detail, the overall deposits of pension funds increased to €310 million at the end of the fourth quarter of 2021, from €278 million in the previous quarter and €212 million in the fourth quarter of 2020. The share of deposits increased to 16.9% of total assets in the fourth quarter of 2021, compared with 15.6% in the previous quarter and 12.5% in the fourth quarter of 2020.
Total holdings of debt securities decreased to €712 million in the fourth quarter of 2021 from €716 million in the previous quarter and €739 million in the fourth quarter of 2020; their share in total assets decreased to 38.8% compared with 40.3% in the previous quarter and 43.5% in the fourth quarter of 2020.
Total holdings of investment fund shares increased to €465 million from €453 million in the previous quarter and €406 million in the fourth quarter of 2020; their share in total assets amounted to 25.3% compared with 25.5% in the previous quarter and 23.9% in the fourth quarter of 2020.
Total holdings of equity increased to €300 million from €285 million in the previous quarter and €279 million in the fourth quarter of 2020; their share in total assets amounted to 16.3% from 16% in the previous quarter, and 16.4% in the fourth quarter of 2020.


Latest News

The Gender Pay Gap: Women Are Still Paying the Price of Inequality
The gender pay gap continues to persist across the European Union, according to Eurostat - Factors such as workplace discrimination, stereotypes, and the unequal distribution of family responsibilities contribute to its ongoing existence

International Women’s Day: The Legacy of Theresa Serber Malkiel
Many accounts have long associated the origins of International Women’s Day with a supposed March 8, 1857, textile workers’ strike in New York. Some even claim that Malkiel intended to honor that event

International Women’s Day: Celebrating Achievements, Advancing Equality
The United Nations plays a central role in International Women’s Day celebrations, selecting an annual theme to highlight pressing issues affecting women worldwide.

Morningstar DBRS Upgrades Greece to BBB, Trend Changed to Stable
The trend on all ratings has returned to stable from positive,

Andros Named a Top Island Hiking Destination for 2025
Τhe island’s capital, Chora, is described as a place full of unexpected treasures, with its marble streets leading to historic monasteries, scenic waterfalls, and inviting tavernas.

Greek GDP Up by 2.3% in 2024: ELSTAT
Based on non-seasonally adjusted data, GDP in volume terms recorded a 2.7% increase in the fourth quarter of 2024

ELSTAT: Greece’s Unemployment Rises to 9.5% in Q4 2024
The largest share of the workforce was made up of professionals (22.8%) and service and sales workers (22.3%).

Athens Hotel Prices See Hikes Amid Strong Demand
Trivago reports that the average hotel room price in Athens for February reached 123 euros, marking a 6.96% increase from the same month in 2024.

Green Aegean Interconnector: Revival of Energy Link of Germany with Greece
The estimated budget stands at 8.1 billion euros, with completion targeted for late 2035.

Viohalco Reports Surge in 2024 Consolidated Revenues to 6.6bln€
a-EBITDA increases to 604 million euros, up from 537 million euros in 2023