Issue No 44 – February 2021



Executive Summary


1. Recent (macro-)economic developments

1.1. The main aggregate demand components between the first and the second lockdown
       Yannis Panagopoulos, Konstantinos Loizos, pages 5-12

1.2. The evolution of the Consumer Price Index (CPI) in Greece and in the Eurozone
       Emilia Marsellou, pages 13-16


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

       Factor Model Economic Forecasting Unit Ersi Athanassiou, Theodore Tsekeris, Ekaterini Tsouma, pages 17-20


1.4. The significance of the retail trade sector in the Greek economy and the impact of the pandemic
       George Soklis, pages 21-25


1.5. The Greek stock market on its way back to pre-coronavirus levels
       Fotini Economou, pages 26-30


1.6. Recent developments and prospects of global economic activity: Economic recovery on the back of supportive economic policy
       Aristotelis Koutroulis, pages 31-36


2. Fiscal developments

2.1. State Budget, public debt and fiscal figures perspectives
       Elisavet Nitsi, pages 37-43


3. Human resources and social policies

3.1. Recent developments in key labour market variables
       Ioannis Cholezas, pages 44-49

3.2. How the inequality of earnings changed after the introduction of the new minimum wage in Greeceecent developments in key labour market variables
       Vlassis Missos, pages 50-53


4. Reforms-Economic development

4.1. The effects of the pandemic on the liquid transportation fuels market in 2020 and its prospects
       Vassilis Lychnaraspages 54-60

4.2. The digital competitiveness of the Greek Economy
       Athanasios Chymis, pages 61-64


4.3. Positive perception of the self-reported health status of the population: a comparative analysis of Health Interview Surveys 2009, 2014, 2019
       Roxani Karagiannis, pages 65-75


4.4. Agricultural income: concepts and developments
       Ioanna Rezitipages 76-82


Special topics


Sports tourism: A form of sustainable tourism development in Greece
Nikolaos Vagionis, pages 83-97