Issue No 38 - February 2019







1. Macroeconomic analysis and projections

1.1. Recent developments and prospects in the main demand components
       Ersi Athanassiou, pages 4-11

1.2. The evolution of the Consumer Price Index (CPI) in Greece and in the Eurozone
       Yannis Panagopoulos, pages 12-14


1.3. Factor model forecasts for the short-term prospects in GDP

       Factor Model Economic Forecasting Unit Ersi Athanassiou, Theodore Tsekeris, Ekaterini Tsouma, pages 15-17


1.4. International environment: Recent developments and prospects of the global economic activity
       Aristotelis Koutroulis, pages 18-22


2. Public finance

2.1. Evolution of the State Budget 2018
       Elisavet Nitsi, pages 23-26

2.2. The evolution and structure of public debt
       Christos Triantopoulos, pages 27-30


3. Human resources and social policies

3.1. Recent developments in key labour market variables
       Ioannis Cholezas, pages 31-38

3.2. Foreigners in the Greek labour market
       Ioannis Cholezas, pages 39-45


4. Development policies and sectors

4.1. Sharing economy-Collaborative economy: Use of services in Greece
       Ersi Athanassiou, Agapi Kotsi, pages 46-54

4.2. Competitiveness of the Greek economy
       Athanasios Chymis, pages 55-58


4.3. Developments in the Greek capital market
       Fotini Economou, pages 59-63





Special topics


The special purpose vehicle (SPV) as a mechanism of banks’ relief from the NPLs through securitization
Spilios Mouzoulas, Yannis Panagopoulos, Ioannis Peletidis, pages 64-81