Issue No 57 – June 2025

FULL ISSUE

 

Executive Summary

 

1. Recent (macro-)economic developments

1.1. The evolution of aggregate demand components in 2024,
Yannis Panagopoulos, Konstantinos Loizos, p. 5-13

1.2. Developments in inflation in Greece and the Eurozone
Persistently high core inflation in Greece: Services and Housing-related drivers,
Emilia Marsellou, p. 14-18

1.3. Factor model forecasts for the short-term prospects in GDP,
Macroeconomics Forecasting Unit, Ersi Athanassiou, Aristotelis Koutroulis, Emilia Marsellou, Theodore Tsekeris, p. 19-21

1.4. Positive developments for the Greek capital market amid upgrades for Greece,
Fotini Economou, p. 22-26

1.5. Recent developments and prospects of the global economic activity:
Slowing economic growth amid protectionist policies and escalating geopolitical tensions,
Aristotelis Koutroulis, p. 27-31

 

2. Fiscal developments

2.1. State Budget, public debt, fiscal outlook,
Elisavet Nitsi, Yiorgos Ioannidis, p. 32-39

 

3. Human resources and social policies

3.1. Recent developments in key labour market variables,
Ioannis Cholezas, p. 40-47

3.2. Labor productivity and compensation in Greece: Investigating the emerging gap,
Vlassis Missos, p. 48-51

3.3. The Impact of the COVID-19 pandemic on self-perceived health in Greece,
Athina Raftopoulou, p. 52-60
 

4. Reforms-Economic development

4.1. Regional analysis of the energy poverty of Greek households: Recent developments,
Vassilis Lychnaras, Elisavet Nitsi p. 61-67

4.2. The impact of external crises on Greece’s agricultural economy: A production and income analysis for the period 2019–2023,
Ioanna Reziti, p. 68-76

4.3. External trade of agri-food products,
Athanasios Chymis, p. 77-81

4.4. GDP income approach: The case of Greece,
Georgios Bertsatos, Christos Chrysanthakopoulos p. 82-91

4.5. Trends in the Greek real estate market,
Artemis Stratopoulou p. 92-101

 

Special topics

Evaluating values versus views: A proposal to increase credit rating agency transparency,
Sofoklis Vogiazas, Panayotis Gavras p. 102-111

Income, age, consumption practices and inflation,
Yiorgos Ioannidis p. 112-131