{"id":3064,"date":"2020-10-30T10:14:09","date_gmt":"2020-10-30T10:14:09","guid":{"rendered":"http:\/\/kepe.webnut.gr\/2020\/11\/26\/greek-economic-outlook-issue-43\/"},"modified":"2024-01-16T08:17:30","modified_gmt":"2024-01-16T08:17:30","slug":"greek-economic-outlook-issue-43","status":"publish","type":"post","link":"https:\/\/www.kepe.gr\/en\/research\/recent-publications\/greek-economic-outlook\/greek-economic-outlook-issue-43\/","title":{"rendered":"Issue No 43 &#8211; October 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-43-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-43-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-43-en\/the-asymmetric-effects-of-covid-19-on-the-main-demand-components.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.1. The asymmetric effects of Covid-19 on the main demand components<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 7-14<\/span><\/em><span style=\"font-size: 10pt;\"><em><\/p>\n<p><\/em><\/span><span style=\"font-size: 10pt;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-43-en\/intense-deflationary-trends-after-the-outbreak-of-the-covid-19-pandemic.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.2. Intense deflationary trends after the outbreak of the COVID-19 pandemic<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 15-18<\/span><\/em><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"\/images\/oikonomikes_ekselikseis\/issue-43-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 19-21<\/span><\/em><\/em><\/em><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 10pt;\"><a href=\"\/images\/oikonomikes_ekselikseis\/issue-43-en\/the-(non)-feasible-role-of-investments-in-the-post-covid-19-greek-economy.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.4. The (non) feasible role of investments in the post-COVID-19 Greek economy<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 22-24<\/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-43-en\/developments-policies-and-challenges-in-the-labour-market-during-the-pandemic.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.5.&nbsp;Developments, policies and challenges in the labour market during the pandemic<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-43-en\/fluctuations-and-multiple-challenges-for-the-greek-stock-market.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.6.&nbsp;Fluctuations and multiple challenges for the Greek stock market<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-43-en\/recent-developments-and-prospects-of-the-global-economic-activity-signs-of-recovery-amid-heightened-uncertainty.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">1.7.&nbsp;Recent developments and prospects of the global economic activity:Signs of recovery amid heightened uncertainty<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 37-40<\/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-43-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 41-47<\/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-43-en\/demographic-developments-in-greece-and-the-eu.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><span style=\"font-size: 16px;\">3<\/span>.1. Demographic developments in Greece and the EU<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 48-53<\/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-43-en\/greek-justice-needs-urgent-reforms.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><span style=\"font-size: 16px;\">4<\/span>.1. Greek Justice needs urgent reforms<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><em style=\"font-size: 13.3333px;\">Athanasios Chymis<\/em><\/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 54-57<\/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-43-en\/the-new-bankruptcy-law-in-greece-an-evaluation-from-the-perspective-of-economic-theory-and-policy.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><span style=\"font-size: 16px;\">4<\/span>.2. The new bankruptcy law in Greece: An evaluation from the perspective of economic theory and policy<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;\">Konstantinos Loizos<\/em>,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 58-62<\/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-43-en\/suggestions-to-mitigate-the-spread-of-covid-19-\u03b1-behavioural-approach.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\"><span>4<\/span>.3.&nbsp;Suggestions to mitigate the spread of COVID-19: \u0391 behavioural approach<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;\">Fotini Economou<\/em>,<\/em><\/span><em><span style=\"font-size: 10pt;\">&nbsp;pages 63-69<\/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-43-en\/greek-tourism-during-coronavirus-estimation-of-non-residents-travel-receipts-and-the-turnover-of-enterprises-in-accommodation-and-food-service-activities.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: 12pt;\">Greek tourism during coronavirus: Estimation of non-residents&#8217; travel receipts and the turnover of enterprises in accommodation and food service activities<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>Evangelia Kasimati, Euripides Kondelis, Costas Lagopoulos<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\">&nbsp;pages 70-80<\/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-43-en\/investigation-of-the-economic-sustainability-of-greek-agricultural-holdings-by-different-types-of-farming.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;\">Investigation of the economic sustainability of Greek agricultural holdings by different types of farming<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>Ioanna Reziti<\/em><\/span><span style=\"font-size: 10pt;\"><em>,<\/em><\/span><em style=\"font-size: 13.3333px;\"><span style=\"font-size: 10pt;\">&nbsp;pages 81-91<\/span><\/em><\/em><\/span><\/em><\/span><\/em><\/span><\/span><\/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. The asymmetric effects of Covid-19 on the main demand components&nbsp; &nbsp; &nbsp; &nbsp;Yannis Panagopoulos, Konstantinos Loizos,&nbsp;pages 7-14 1.2. Intense deflationary trends after the outbreak of the COVID-19 pandemic&nbsp; &nbsp; &nbsp; &nbsp;Emilia Marsellou,&nbsp;pages 15-18 &nbsp;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":14932,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[],"class_list":["post-3064","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 43 - October 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-43\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Issue No 43 - October 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. The asymmetric effects of Covid-19 on the main demand components&nbsp; &nbsp; &nbsp; &nbsp;Yannis Panagopoulos, Konstantinos Loizos,&nbsp;pages 7-14 1.2. 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Executive Summary &nbsp; 1. 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