{"id":22138,"date":"2025-12-02T10:32:07","date_gmt":"2025-12-02T10:32:07","guid":{"rendered":"https:\/\/www.kepe.gr\/?p=22138"},"modified":"2025-12-09T12:09:12","modified_gmt":"2025-12-09T12:09:12","slug":"issue-no-58-october-2025","status":"publish","type":"post","link":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/","title":{"rendered":"Issue No 58 \u2013 October 2025"},"content":{"rendered":"

FULL ISSUE<\/a><\/strong><\/p>\n

Executive Summary<\/strong><\/a><\/p>\n

 <\/p>\n

1. Recent (macro-)economic developments<\/strong><\/p>\n

1.1. The main demand components in the first six months of 2025<\/a>,
\nYannis Panagopoulos, Konstantinos Loizos, p. 6-15<\/em><\/p>\n

1.2. Developments in inflation in Greece and the Eurozone<\/a>,
\nEmilia G. Marsellou, p. 16-20<\/em><\/p>\n

1.3. Factor model forecasts for the short-term prospects in GDP<\/a>,
\nMacroeconomics Forecasting Unit Ersi Athanassiou, Aristotelis Koutroulis, Emilia Marsellou,Theodore Tsekeris, p. 21-22<\/em><\/p>\n

1.4. The Greek stock market is entering a new era<\/a>,
\nFotini Economou, p. 23-27<\/em><\/p>\n

1.5. Recent developments and prospects of global economic activity: Moderate economic growth amidst great uncertainty and rising trade protectionism<\/a>,
\nAristotelis Koutroulis, p. 28-30<\/em><\/p>\n

 <\/p>\n

2. Fiscal developments<\/strong><\/p>\n

2.1. State Budget, public debt and prospects of fiscal aggregates<\/a>,
\nYiorgos Ioannidis, Elisavet I. Nitsi, p. 31-37<\/em><\/p>\n

 <\/p>\n

3. Human resources and social policies<\/strong><\/p>\n

3.1. Recent developments in key labour market variables<\/a>,
\nIoannis Cholezas, p. 38-45<\/em><\/p>\n

3.2. Significant wage inequality between European regions<\/a>,
\nVlassis Missos, p. 46-49<\/em><\/p>\n

3.3. Health, subjective well-being, and healthcare access in the wake of COVID-19: Evidence from Greece<\/a>,
\nAthina Raftopoulou, p. 50-54<\/em><\/p>\n

 <\/p>\n

4. Reforms-Economic development<\/strong><\/p>\n

4.1. Military expenditure in the EU27<\/a>,
\nGeorgios Bertsatos, Christos Chrysanthakopoulos, p. 55-59<\/em><\/p>\n

4.2. Digital reforms and tax evasion in Greece<\/a>,
\nArtemis Stratopoulou, p. 60-67<\/em><\/p>\n

 <\/p>\n

Special topics<\/strong><\/p>\n

Revisiting Greece\u2019s participation in Global Value Chains:
\nNew evidence at the sector level<\/a>,
\nPetros Dimas, Alexandra Kontolaimou, Aimilia Protogerou p. 68-85<\/em><\/p>\n

The impact of risk-based tax audits on the efficiency of Tax Administration<\/a>,
\nCharalampos Kalligosfyris, Eleni Kalamara, Zacharias Dermatis, Athanasios Anastasiou, p. 86-99<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

FULL ISSUE Executive Summary   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…<\/p>\n","protected":false},"author":1,"featured_media":22139,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[],"class_list":["post-22138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-greek-economic-outlook"],"yoast_head":"\nIssue No 58 \u2013 October 2025 - \u039a\u03ad\u03bd\u03c4\u03c1\u03bf \u03a0\u03c1\u03bf\u03b3\u03c1\u03b1\u03bc\u03bc\u03b1\u03c4\u03b9\u03c3\u03bc\u03bf\u03cd \u03ba\u03b1\u03b9 \u039f\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03ce\u03bd \u0395\u03c1\u03b5\u03c5\u03bd\u03ce\u03bd<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Issue No 58 \u2013 October 2025 - \u039a\u03ad\u03bd\u03c4\u03c1\u03bf \u03a0\u03c1\u03bf\u03b3\u03c1\u03b1\u03bc\u03bc\u03b1\u03c4\u03b9\u03c3\u03bc\u03bf\u03cd \u03ba\u03b1\u03b9 \u039f\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03ce\u03bd \u0395\u03c1\u03b5\u03c5\u03bd\u03ce\u03bd\" \/>\n<meta property=\"og:description\" content=\"FULL ISSUE Executive Summary   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...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"\u039a\u03ad\u03bd\u03c4\u03c1\u03bf \u03a0\u03c1\u03bf\u03b3\u03c1\u03b1\u03bc\u03bc\u03b1\u03c4\u03b9\u03c3\u03bc\u03bf\u03cd \u03ba\u03b1\u03b9 \u039f\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03ce\u03bd \u0395\u03c1\u03b5\u03c5\u03bd\u03ce\u03bd\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-02T10:32:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-09T12:09:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kepe.gr\/wp-content\/uploads\/2025\/12\/ENG_58_Cover_LOW.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1120\" \/>\n\t<meta property=\"og:image:height\" content=\"1529\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.kepe.gr\\\/en\\\/research\\\/recent-publications\\\/greek-economic-outlook\\\/issue-no-58-october-2025\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kepe.gr\\\/en\\\/research\\\/recent-publications\\\/greek-economic-outlook\\\/issue-no-58-october-2025\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.kepe.gr\\\/en\\\/#\\\/schema\\\/person\\\/187b3d7d64072f075aa293f54f59e2ce\"},\"headline\":\"Issue No 58 \u2013 October 2025\",\"datePublished\":\"2025-12-02T10:32:07+00:00\",\"dateModified\":\"2025-12-09T12:09:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.kepe.gr\\\/en\\\/research\\\/recent-publications\\\/greek-economic-outlook\\\/issue-no-58-october-2025\\\/\"},\"wordCount\":235,\"image\":{\"@id\":\"https:\\\/\\\/www.kepe.gr\\\/en\\\/research\\\/recent-publications\\\/greek-economic-outlook\\\/issue-no-58-october-2025\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.kepe.gr\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/ENG_58_Cover_LOW.jpg\",\"articleSection\":[\"\u201cGREEK ECONOMIC OUTLOOK\u201d\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.kepe.gr\\\/en\\\/research\\\/recent-publications\\\/greek-economic-outlook\\\/issue-no-58-october-2025\\\/\",\"url\":\"https:\\\/\\\/www.kepe.gr\\\/en\\\/research\\\/recent-publications\\\/greek-economic-outlook\\\/issue-no-58-october-2025\\\/\",\"name\":\"Issue No 58 \u2013 October 2025 - 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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...","og_url":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/","og_site_name":"\u039a\u03ad\u03bd\u03c4\u03c1\u03bf \u03a0\u03c1\u03bf\u03b3\u03c1\u03b1\u03bc\u03bc\u03b1\u03c4\u03b9\u03c3\u03bc\u03bf\u03cd \u03ba\u03b1\u03b9 \u039f\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03ce\u03bd \u0395\u03c1\u03b5\u03c5\u03bd\u03ce\u03bd","article_published_time":"2025-12-02T10:32:07+00:00","article_modified_time":"2025-12-09T12:09:12+00:00","og_image":[{"width":1120,"height":1529,"url":"https:\/\/www.kepe.gr\/wp-content\/uploads\/2025\/12\/ENG_58_Cover_LOW.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/#article","isPartOf":{"@id":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/"},"author":{"name":"admin","@id":"https:\/\/www.kepe.gr\/en\/#\/schema\/person\/187b3d7d64072f075aa293f54f59e2ce"},"headline":"Issue No 58 \u2013 October 2025","datePublished":"2025-12-02T10:32:07+00:00","dateModified":"2025-12-09T12:09:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/"},"wordCount":235,"image":{"@id":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/#primaryimage"},"thumbnailUrl":"https:\/\/www.kepe.gr\/wp-content\/uploads\/2025\/12\/ENG_58_Cover_LOW.jpg","articleSection":["\u201cGREEK ECONOMIC OUTLOOK\u201d"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/","url":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/issue-no-58-october-2025\/","name":"Issue No 58 \u2013 October 2025 - 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