Issue No 43 – October 2020



Executive Summary


1. Recent (macro-)economic developments

1.1. The asymmetric effects of Covid-19 on the main demand components
       Yannis Panagopoulos, Konstantinos Loizos, pages 7-14

1.2. Intense deflationary trends after the outbreak of the COVID-19 pandemic
       Emilia Marsellou, pages 15-18


1.3. Factor model forecasts for the short-term prospects in GDP

       Factor Model Economic Forecasting Unit Ersi Athanassiou, Theodore Tsekeris, Ekaterini Tsouma, pages 19-21


1.4. The (non) feasible role of investments in the post-COVID-19 Greek economy
       Nikolaos Rodousakis,George Soklis, pages 22-24


1.5. Developments, policies and challenges in the labour market during the pandemic
       Ioannis Cholezas, pages 25-32


1.6. Fluctuations and multiple challenges for the Greek stock market
       Fotini Economou, pages 33-36


1.7. Recent developments and prospects of the global economic activity:Signs of recovery amid heightened uncertainty
       Aristotelis Koutroulis, pages 37-40


2. Fiscal developments

2.1. State Budget, public debt and fiscal figures perspectives
       Elisavet Nitsi, pages 41-47


3. Human resources and social policies

3.1. Demographic developments in Greece and the EU
       Vlassis Missos, pages 48-53


4. Reforms-Economic development

4.1. Greek Justice needs urgent reforms
       Athanasios Chymispages 54-57

4.2. The new bankruptcy law in Greece: An evaluation from the perspective of economic theory and policy
       Konstantinos Loizos, pages 58-62


4.3. Suggestions to mitigate the spread of COVID-19: Α behavioural approach
       Fotini Economou, pages 63-69




Special topics


Greek tourism during coronavirus: Estimation of non-residents’ travel receipts and the turnover of enterprises in accommodation and food service activities
Evangelia Kasimati, Euripides Kondelis, Costas Lagopoulos, pages 70-80


Investigation of the economic sustainability of Greek agricultural holdings by different types of farming
Ioanna Reziti, pages 81-91