Issue No 58 – October 2025
1. Recent (macro-)economic developments
1.1. The main demand components in the first six months of 2025,
Yannis Panagopoulos, Konstantinos Loizos, p. 6-15
1.2. Developments in inflation in Greece and the Eurozone,
Emilia G. Marsellou, p. 16-20
1.3. Factor model forecasts for the short-term prospects in GDP,
Macroeconomics Forecasting Unit Ersi Athanassiou, Aristotelis Koutroulis, Emilia Marsellou,Theodore Tsekeris, p. 21-22
1.4. The Greek stock market is entering a new era,
Fotini Economou, p. 23-27
1.5. Recent developments and prospects of global economic activity: Moderate economic growth amidst great uncertainty and rising trade protectionism,
Aristotelis Koutroulis, p. 28-30
2. Fiscal developments
2.1. State Budget, public debt and prospects of fiscal aggregates,
Yiorgos Ioannidis, Elisavet I. Nitsi, p. 31-37
3. Human resources and social policies
3.1. Recent developments in key labour market variables,
Ioannis Cholezas, p. 38-45
3.2. Significant wage inequality between European regions,
Vlassis Missos, p. 46-49
3.3. Health, subjective well-being, and healthcare access in the wake of COVID-19: Evidence from Greece,
Athina Raftopoulou, p. 50-54
4. Reforms-Economic development
4.1. Military expenditure in the EU27,
Georgios Bertsatos, Christos Chrysanthakopoulos, p. 55-59
4.2. Digital reforms and tax evasion in Greece,
Artemis Stratopoulou, p. 60-67
Special topics
Revisiting Greece’s participation in Global Value Chains:
New evidence at the sector level,
Petros Dimas, Alexandra Kontolaimou, Aimilia Protogerou p. 68-85
The impact of risk-based tax audits on the efficiency of Tax Administration,
Charalampos Kalligosfyris, Eleni Kalamara, Zacharias Dermatis, Athanasios Anastasiou, p. 86-99