Issue No 50 – February 2023



Executive Summary


1. Recent (macro-)economic developments

1.1. The evolution of the aggregate demand components during the energy price uncertainty,
       Yannis Panagopoulos, Konstantinos Loizos, pages 6-14

1.2. Recent developments of the inflation in Greece and the euro area: The effects of declining energy prices and rising food prices,
       Emilia Marsellou, Vassilis Lychnaras, pages 15-23


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

       Factor Model Economic Forecasting Unit Ersi Athanassiou, Aristotelis Koutroulis, Emilia Marsellou, Theodore Tsekeris, pages 24-26


1.4. Positive return for the Greek stock market in 2022 amid challenges,
       Fotini Economou, pages 27-32


1.5. Recent developments and prospects of the global economic activity: Weak pace of growth amid high inflation and monetary policy tightening,
       Aristotelis Koutroulis, pages 33-37


2. Fiscal developments

2.1. State Budget, public debt and fiscal figures perspectives,
       Elisavet Nitsi, pages 38-46


3. Human resources and social policies

3.1. Recent developments in key labour market variables,
       Ioannis Cholezas, pages 47-53

3.2. Basic features of income inequality and poverty in Greece, 2020,
       Vlassis Missos, pages 54-57


4. Reforms-Economic development


4.1. Recent developments in the digital and green transitions of the Greek economy,
       Athanasios Chymis, pages 58-62