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  1. A breakdown of Greece’s revised financing needs as part of its new ESM programme

    EconomyProgramme

    discussions on debt reducing measures. 2) IMF unused funding of 16 billion under the current programme

    1%
  2. Report sees fall in salary earners, big rise in part-time work during crisis
    Photo by MacroPolis

    Economy

    A new annual report from the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE) highlights the devastating impact that the recession and austerity measures have had on the local labour market over recent years. The number of salary-earners fell by around 18 percent to 2.26

    1%
  3. PMI rebounded in September, but survey data still point to a downturn on lack of new orders

    EconomyMacroeconomy

    “a further contraction in output, as incoming new orders suffered from the strict austerity measures

    1%
  4. European centre-left suggests door is closed to SYRIZA

    PoliticsGreek Politics

    this by bringing all the measures demanded by lenders as prior action in one multi-bill.

    1%
  5. Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche

    EconomyProgramme

    . The key measures included in the draft legislation are as follows: Pension 1) The statutory

    1%
  6. Strong start for Greek stocks but they end week down 3.4 pct

    Economy

    and equivalent measures for not imposing the VAT rate of 23 percent on private education. The General Index

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

    EconomyMacroeconomy

    impact from the credit crunch on domestic demand that would trigger a new round of fiscal measures

    1%
  8. Fitch affirms Greece’s rating, projects GDP to contract 0.3 pct in 2015
    Photo by MacroPolis

    Economy

    of the fiscal adjustment falls in 2016, with measures of 4.3 billion next year from 2 billion in 2015

    1%
  9. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    that debt servicing will further improve after the anticipated debt relief measures and will facilitate

    1%
  10. Retail sales drop at faster pace of 5.2 pct in Sept

    EconomyMacroeconomy

    of strict austerity measures leading to a sharp increase in unemployment, wage and pension cuts

    1%