Issue No 59 – February 2026

FULL ISSUE

Editorial

 

1. Recent (macro-)economic developments

1.1. Governance and development strategy in the Greek Economy: Global trends, subjective expectations, and the productive model,
Panagiotis E. Petrakis, Pantelis C. Kostis, p. 5-17

1.2. The main demand components in the first nine months of 2025,
Yannis Panagopoulos, Konstantinos Loizos, p. 18-27

1.3. Inflation developments in Greece and the Eurozone: The largest increases in Hotels-cafes-restaurants, Food, and Housing,
Emilia G. Marsellou, p. 28-32

1.4. Factor model forecasts for the short-term prospects in GDP,
Macroeconomics Forecasting Unit, Ersi Athanassiou, Aristotelis Koutroulis, Emilia Marsellou, Theodore Tsekeris, p. 33-34

1.5. 2025: A landmark year for the Greek stock exchange,
Fotini Economou, p. 35-40

1.6. Recent developments and prospects of the global economic activity: Stabilization of global GDP growth at 2025 levels amid heightened uncertainty,
Aristotelis Koutroulis, p. 41-46

 

2. Fiscal developments

2.1. State Budget, public debt and fiscal outlook,
Υiorgos Ioannidis, Elisavet I. Nitsi, p. 47-53

2.2. Fiscal policy, debt, and the economic cycle in Greece,
Georgios Bertsatos, Christos Chrysanthakopoulos, p. 54-57

 

3. Human resources and social policies

3.1. Recent developments in key labour market variables,
Ioannis Cholezas, p. 58-66

3.2. Evolution of basic indicators of poverty, social exclusion, and deprivation in Greece (2010–2023),
Vlassis Missos, p. 67-68

 

4. Reforms-Economic development

4.1. Governance effectiveness of the Greek economy,
Athanasios Chymis, p. 69-71

4.2. Employment in the agricultural sector in Greece: Structural changes and policy challenges,
Ioanna Reziti, p. 72-79

 

Special topics

Returns to education in Greece: Causal evidence from the 1977 Labor Market Survey,
Harry Anthony Patrinos p. 80-86

Recent developments in private returns to education in Greece,
Nikolaos C. Kanellopoulos, Ioannis Cholezas, p. 87-100

Vacant student places and the minimum admission requirement: What do the data show about prospective students’ preferences,
Daphne Nicolitsas, p. 101-109