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  1. EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    In its autumn economic forecasts published on Thursday, the European Commission (EC) revised its estimates on the Greek economy to take into account the uncertainty surrounding the bank holiday and the imposition of capital controls in late June. Greek GDP is now expected to contract 1.4 percent

    2%

  2. OECD sees recession in 2015-16, stresses need for reform implementation

    EconomyMacroeconomy

    ) released on November 5. However, the OECD sees the Greek economy recovering at a slower rate of 2.1 percent

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  3. Greek PMI edges up to 48.1 in Nov, suggest pace of deterioration slowing

    EconomyMacroeconomy

    , suggesting the economy is slowly adapting to the austerity measures.”

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  4. ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    of the first programme review would be a catalyst for the Greek economy, even though the initial

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  5. SYRIZA fails to make any friends with new public sector wage grid
    Photo by MacroPolis

    PoliticsGreek Politics

    . “At a time when the private economy is sinking under the burden in taxes, when more pensions cuts

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  6. Industrial turnover dives 18.9 pct in Oct, highest drop over last six years

    EconomyMacroeconomy

    operating conditions are deteriorating seems to have shifted into a lower gear, suggesting the economy

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  7. Coalition wants to push own bills through as well as negotiate with lenders

    PoliticsGreek Politics

    technical capacity and that key ministries such as Finance and Economy will also be busy with the bailout

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  8. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    the way for banks to unlock tied-up funds and support credit expansion when the domestic economy

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  9. After dire 2015, Greek stocks get off to rocky start in 2016
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    Greek shares started the year with losses of 7.2 percent this week amid the turmoil that prevailed in the global markets largely due to worries related to the Chinese economy and geopolitical concerns. The sell-off was mostly evident on Thursday, when the domestic market tumbled 4.35 percent

    2%

  10. Greek labour market recorded in 2015 second highest net hirings since 2001
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    Net hirings stood at 7,826 in December, which is the second positive reading for this month since 2001, the Labour Ministry’s information system (Ergani) showed on Tuesday. Ergani was launched in March 2013 and registers in real time the employment flow in the Greek economy’s private sector

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