Greece

GREECE - Pensions reform in Greece was passed by the National Assembly in June, amid widespread opposition. Criticism has come from the government's political opponents, public sector unions and the finance industry.

GREECE - Software solutions provider AFA Systems has been hired by Greece's Piraeus Asset Management Company (PAMCO) to implement AFA AIMS, a front and back office asset management system.

GREECE/UK - F&C has entered the Greek fund management market by teaming up with fellow Eureko subsidiary Interamerican.

GREECE - ING, the Dutch financial services firm, has entered the Greek market by forming a strategic alliance with Piraeus Bank.

GREECE - Matrix Asset Management has launched a new socially responsible energy fund targeting institutional investors.