{"id":3044,"date":"2020-06-26T09:07:20","date_gmt":"2020-06-26T09:07:20","guid":{"rendered":"http:\/\/kepe.webnut.gr\/2020\/07\/23\/greek-economic-outlook-issue-42\/"},"modified":"2024-01-16T08:20:14","modified_gmt":"2024-01-16T08:20:14","slug":"greek-economic-outlook-issue-42","status":"publish","type":"post","link":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/greek-economic-outlook-issue-42\/","title":{"rendered":"Issue No 42 &#8211; June 2020"},"content":{"rendered":"<div class=\"itemFullText\">\n<p style=\"font-size: 11.8181819915771px;\"><strong style=\"font-size: 11.8181819915771px;\"><span style=\"font-size: 12pt;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/full-issue_en.pdf\" target=\"_blank\" rel=\"noopener\">FULL ISSUE<\/a><br \/><\/span><\/strong><\/p>\n<p style=\"font-size: 11.8181819915771px;\"><span style=\"font-size: 11.8182px;\">&nbsp;<\/span><\/p>\n<p style=\"font-size: 11.8181819915771px;\"><a style=\"font-size: 11.8181819915771px;\" href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/executive-summary.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><strong><span style=\"font-size: 10pt;\">Executive Summary<\/span><\/strong><\/span><\/a><span style=\"font-size: 10pt;\"><br \/><\/span><\/p>\n<p style=\"font-size: 11.8181819915771px;\"><span style=\"font-size: 16px;\">&nbsp;<\/span><\/p>\n<p style=\"font-size: 11.8181819915771px;\"><span style=\"font-size: 16px;\"><strong>1. Recent (macro-)economic developments<\/strong><\/p>\n<p><\/span><\/p>\n<p><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/positive-developments-in-most-of-the-demand-components-before-the-onset-of-the-covid-19.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.1. Positive developments in most of the demand components before the onset of the Covid-19 3<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp; <\/em><\/span><strong><span style=\"font-size: 10pt;\"><em>&nbsp;<\/em><\/span><\/strong><span style=\"font-size: 10pt;\"><em>Yannis Panagopoulos, Konstantinos Loizos,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 8-15<\/span><\/em><span style=\"font-size: 10pt;\"><em><\/p>\n<p><\/em><\/span><span style=\"font-size: 10pt;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/consumer-price-index-fell-during-covid-19-lockdown.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.2. Consumer Price Index fell during Covid-19 lockdown<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp; &nbsp;Emilia Marsellou<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 16-18<\/span><\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/factor-model-forecasts-for-the-short-term-prospects-in-gdp.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 12pt;\">1.3. Factor model forecasts for the short-term prospects in GDP<br \/><\/span><\/span><\/span><\/a><\/p>\n<p><em style=\"font-size: 10pt;\">&nbsp; &nbsp; &nbsp; &nbsp;<em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\"><em>Factor Model Economic Forecasting Unit Ersi Athanassiou, Theodore Tsekeris, Ekaterini Tsouma<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\">&nbsp;pages 19-20<\/span><\/em><\/em><\/em><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 10pt;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/the-greek-economy-has-temporarily-re-entered-a-recession.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.4. The Greek economy has temporarily (re-)entered a recession<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp; &nbsp;Nikolaos Rodousakis<\/em><\/span><span style=\"font-size: 10pt;\"><em>,George Soklis,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 21-24<\/span><\/em><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\">&nbsp;<\/span><\/em><\/em><\/span><\/span>&nbsp;<\/p>\n<p><span style=\"font-size: 10pt;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/the-key-labour-market-variables-had-been-improving-until-the-introduction-of-restrictive-measures-in-early-march-2020.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.5.&nbsp;The key labour market variables had been improving until the introduction of restrictive measures in early March 2020<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp; &nbsp;Ioannis Cholezas<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 25-32<\/span><\/em><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\">&nbsp;<\/span><\/em><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/expected-losses-in-the-stock-market-due-to-the-pandemic.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.6.&nbsp;Expected losses in the stock market due to the pandemic<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp; &nbsp;Fotini Economou<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 33-36<\/span><\/em><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\">&nbsp;<\/span><\/em><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/recent-developments-and-prospects-of-the-global-economic-activity.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.7.&nbsp;Recent developments and prospects of the global economic activity<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp; &nbsp;Aristotelis Koutroulis<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 37-41<\/span><\/em><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\">&nbsp;<\/span><\/em><\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>2. Fiscal developments<\/strong><\/p>\n<p><\/span><\/p>\n<p><span style=\"font-size: 16px;\"><\/span><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/state-budget,-public-debt-and-fiscal-figures-perspectives.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><span style=\"font-size: 16px;\">2<\/span>.1. State Budget, public debt and fiscal figures perspectives<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp; &nbsp;Elisavet Nitsi<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 42-47<\/span><\/em><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em>&nbsp;<\/em><\/span><\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>3. Human resources and social policies<\/strong><\/p>\n<p><\/span><\/p>\n<p><span style=\"font-size: 16px;\"><\/span><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/in-work-poverty-and-income-inequality-in-the-eu15.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><span style=\"font-size: 16px;\">3<\/span>.1. In-work poverty and income inequality in the EU15<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp;&nbsp;<\/em><\/span><strong><span style=\"font-size: 10pt;\"><em>&nbsp;<\/em><\/span><\/strong><span style=\"font-size: 10pt;\"><em>Vlassis Missos,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 48-51<\/span><\/em><span style=\"font-size: 10pt;\"><em><\/p>\n<p><\/em><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em>&nbsp;<\/em><\/span><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 16px;\"><strong>4. Reforms-Economic development<\/strong><\/p>\n<p><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 16px;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/prospects-for-greece\u2019s-energy-transition-to-a-low-carbon-economy.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><span style=\"font-size: 16px;\">4<\/span>.1. Prospects for Greece\u2019s energy transition to a low-carbon economy<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp;&nbsp;<\/em><\/span><strong><span style=\"font-size: 10pt;\"><em>&nbsp;<\/em><\/span><\/strong><span style=\"font-size: 10pt;\"><em><em style=\"font-size: 13.3333px;\"><em style=\"font-size: 13.3333px;\"><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\"><em>Vassilis Lychnaras<\/em><\/span><\/em><\/em><\/em><\/em><\/span><em><span style=\"font-size: 10pt;\"><em style=\"font-size: 13.3333px;\"><em style=\"font-size: 13.3333px;\"><em style=\"font-size: 13.3333px;\"><em style=\"font-size: 13.3333px;\"><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\"><em>,&nbsp;<em style=\"font-size: 16px;\"><span style=\"font-size: 10pt;\">pages 52-56<\/span><\/em><\/em><\/span><\/em><\/em><\/em><\/em><\/em><\/span><\/em><\/span><\/span><\/span><span style=\"font-size: 10pt;\"><em><\/p>\n<p><\/em><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 16px;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/the-regional-specialisation-and-geographic-concentration-of-economic-activities-in-the-light-of-the-covid-19-pandemic.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><span style=\"font-size: 16px;\">4<\/span>.2. The regional specialisation and geographic concentration of economic activities in the light of the COVID-19 pandemic<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp;&nbsp;<\/em><\/span><strong><span style=\"font-size: 10pt;\"><em>&nbsp;<\/em><\/span><\/strong><span style=\"font-size: 10pt;\"><em>Ersi Athanassiou,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 57-65<\/span><\/em><\/span><\/span><\/span><\/p>\n<p>&nbsp;&nbsp;<\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 16px;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/external-trade-of-agro-food-products.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><span>4<\/span>.3.&nbsp;External trade of agro-food products<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><em>&nbsp; &nbsp; &nbsp;&nbsp;<\/em><\/span><strong><span style=\"font-size: 10pt;\"><em>&nbsp;<\/em><\/span><\/strong><span style=\"font-size: 10pt;\"><em>Athanasios Chymis,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 66-69<\/span><\/em><\/span><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong><span style=\"font-size: 12pt;\">Special topics<\/span><\/strong><\/p>\n<p><span style=\"font-size: 12pt;\">&nbsp;<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><\/span><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/patterns-and-shifts-in-eu-business-numbers,-size-and-performance-in-the-manufacturing-and-energy-sectors-during-2007-2016.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">Patterns and shifts in EU business numbers, size and performance in the manufacturing and energy sectors during 2007-2016<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\"><em>Prodromos Prodromidis, in collaboration with Konstantinos Bakri, Christoforos Malakates, Fotios Mermigkas, Athina-Nikoletta Nikolaou, Evangelia Papadopoulou, Panagiotis Pavlou, Emmanuel Skotoris<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\">&nbsp;pages 70-84<\/span><\/em><\/em><\/span><\/em><\/span><\/em><\/span><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\"><em><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\">&nbsp;<\/span><\/em><\/em><\/span><\/em><\/span><\/em><\/span><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/work-from-home-in-greece.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 12pt;\">Work from home in Greece<br \/><\/span><\/span><\/span><\/span><\/a><em style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\"><em><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\"><em>Nikolaos Kanellopoulos<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\">&nbsp;pages 85-94<\/span><\/em><\/em><\/span><\/em><\/span><\/em><\/span><\/span><\/span><\/em><\/em><\/span><\/em><\/span><\/em><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"\/images\/oikonomikes_ekselikseis\/issue-42-en\/tourism-and-the-coronavirus-the-effects-on-the-greek-economy-and-the-compensatory-role-of-the-public-sector.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">Tourism and the coronavirus: The effects on the Greek economy and the compensatory role of the public sector<br \/><\/span><\/a><span style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em style=\"font-size: 10pt;\"><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\"><em><span style=\"font-size: 10pt;\"><em>Nikolaos Rodousakis, George Soklis,<\/em><\/span><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\">&nbsp;95-100<\/span><\/em><\/em><\/span><\/em><\/span><\/em><\/span><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FULL ISSUE &nbsp; Executive Summary &nbsp; 1. Recent (macro-)economic developments 1.1. Positive developments in most of the demand components before the onset of the Covid-19 3&nbsp; &nbsp; &nbsp; &nbsp;Yannis Panagopoulos, Konstantinos Loizos,&nbsp;pages 8-15 1.2. Consumer Price Index fell during Covid-19 lockdown&nbsp; &nbsp; &nbsp; &nbsp;Emilia Marsellou,&nbsp;pages&#8230;<\/p>\n","protected":false},"author":1,"featured_media":14935,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[],"class_list":["post-3044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-greek-economic-outlook"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Issue No 42 - June 2020 - \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\/greek-economic-outlook-issue-42\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Issue No 42 - June 2020 - \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 &nbsp; Executive Summary &nbsp; 1. Recent (macro-)economic developments 1.1. Positive developments in most of the demand components before the onset of the Covid-19 3&nbsp; &nbsp; &nbsp; &nbsp;Yannis Panagopoulos, Konstantinos Loizos,&nbsp;pages 8-15 1.2. 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Executive Summary &nbsp; 1. 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