economic impact

The contribution of Athens International Airport to the Greek economy

The contribution of Athens International Airport to the Greek economy

Fotini Stathopoulou2026-01-29T10:32:24+00:00

The Athens International Airport has played a significant role in the recovery of the Greek economy since the mid-2010s, showing resilience and dynamism. Activity at Athens International Airport has surpassed its pre-pandemic levels already since 2023. As the main gateway for the incoming foreign visitors, AIA’s economic system provides significant support to the Greek economy. 3.8% of the country’s GDP (€8.6 billion) can be attributed (directly and through multiplier and catalytic effects) to the activity of the AIA’s economic system. In terms of employment, the total impact is estimated at 214,000 jobs (4.2% of domestic employment). The total contribution [...]

The contribution of Athens International Airport to the Greek economyFotini Stathopoulou2026-01-29T10:32:24+00:00

Trends and prospects of the solar thermal systems manufacturing industry in Greece

Trends and prospects of the solar thermal systems manufacturing industry in Greece

Maria Kavvadia2026-01-21T10:06:20+00:00

The study analyzes the trends and prospects of the Solar Thermal Systems manufacturing industry in Greece. It also examines the feasibility of implementing incentives for the installation of Solar Thermal Systems in homes for the production of domestic hot water and estimates the economic and fiscal impacts resulting from the implementation of alternative financial support measures. See the full study in Greek

Trends and prospects of the solar thermal systems manufacturing industry in GreeceMaria Kavvadia2026-01-21T10:06:20+00:00

The Ιmpact of Golf on the Greek Economy

The Ιmpact of Golf on the Greek Economy

Maria Kavvadia2026-01-23T13:56:05+00:00

The main objective of this study is to highlight the benefits and the impact of golf on the Greek economy. The study describes the key facts and figures of the golf industry internationally and examines the development of golf in Greece. finally, this study quantifies direct, indirect and induced effects from the development of golf tourism in Greece in terms of GDP, employment and tax revenues. Golf's contribution to the Greek economy remains relatively limited. The total contribution to GDP from the operation of golf courses, as well as the broader impact on tourism, is estimated at €111.4 million. [...]

The Ιmpact of Golf on the Greek EconomyMaria Kavvadia2026-01-23T13:56:05+00:00

Interventions for the sustainable development of Greek industry: Elaboration of proposals and impact assessment

Interventions for the sustainable development of Greek industry: Elaboration of proposals and impact assessment

Maria Kavvadia2026-02-02T11:44:36+00:00

Manufacturing is a critical sector for the Greek economy, with a significant contribution to GDP and a steady upward trend. However, its participation in key economic figures is still significantly below the EU27 average. In this context, the Hellenic Association of Entrepreneurs (EENE) has developed a series of proposals for the sustainable development of Greek industry. The aim of the study is to examine the proposed interventions and to quantify their economic impact. In particular, based on appropriate assumptions, it is estimated that the proposal of EENE for zero marginal (additional) non-wage costs on the increase of employees' [...]

Interventions for the sustainable development of Greek industry: Elaboration of proposals and impact assessmentMaria Kavvadia2026-02-02T11:44:36+00:00

Impact of the Fit for 55 package on passenger shipping and the island economy of Greece

Impact of the Fit for 55 package on passenger shipping and the island economy of Greece

Maria Kavvadia2026-02-02T12:03:40+00:00

The study scope includes the assessment of the effects of the "Fit for 55" package on the operation of domestic passenger shipping and by extension to the economy of the island regions of the country. In particular, the study highlights the regulatory changes and their anticipated effects on passenger shipping operation, quantifies their impact on operating costs, ticket prices, traffic and the sector’s economic contribution, and examines the available options to mitigate these effects. According to the study, the implementation of the new climate policies included in the Fit for 55 package is estimated to increase the operation costs [...]

Impact of the Fit for 55 package on passenger shipping and the island economy of GreeceMaria Kavvadia2026-02-02T12:03:40+00:00

Economic effects of the reduction of the excise duty on alcoholic beverages on the Greek economy

Economic effects of the reduction of the excise duty on alcoholic beverages on the Greek economy

Fotini Stathopoulou2026-01-19T12:01:11+00:00

This study examines the potential effects of the excise duty for alcohol convergence to the European average, for both the economy and employment, ensuring fiscal neutrality. In addition, the effects of a possible reduction of excise duty for final consumers, the competitiveness of tourism, domestic production and the illegal trade reduction are specified. See the full study in Greek

Economic effects of the reduction of the excise duty on alcoholic beverages on the Greek economyFotini Stathopoulou2026-01-19T12:01:11+00:00

The demographic issue in Greece: Challenges and policy proposals

The demographic issue in Greece: Challenges and policy proposals

Fotini Stathopoulou2026-01-09T13:21:36+00:00

The scope of the study is to highlight the demographic issue and its overall socio-economic effects in Greece. In particular, the study examines trends, prospects, challenges and impacts on the economy resulting from the ageing of the population. In addition, the study puts forward policy proposals aimed at addressing, mitigating, reversing and adapting to the demographic trends. The population of Greece is shrinking — between 2011 and 2021 the country’s population decreased by about 441k people (-4.0%). (-4,0%). The decline and ageing of the country’s population is projected to continue in the coming decades. In the base scenario of demographic [...]

The demographic issue in Greece: Challenges and policy proposalsFotini Stathopoulou2026-01-09T13:21:36+00:00

The Spirits Sector in Greece

The Spirits Sector in Greece

Artemis Tzatzou2026-01-19T12:38:42+00:00

The aim of the study is to present and analyze the latest data and developments concerning the spirits sector in Greece, in the light of the recent COVID-19 pandemic in Greece. The study examines the negative effects of the pandemic on the spirits sector and analyzes the potential impact from a possible redefinition of the taxation policy (reduction of the excise duty), on spirits consumption, public revenues and employment. See the full study in Greek

The Spirits Sector in GreeceArtemis Tzatzou2026-01-19T12:38:42+00:00

Macroeconomic and socioeconomic impact of the privatisation programme of the Hellenic Republic

Macroeconomic and socioeconomic impact of the privatisation programme of the Hellenic Republic

Artemis Tzatzou2026-01-12T08:11:44+00:00

The aim of this study is to highlight the macroeconomic and socio-economic impact of the Hellenic Republic's privatisation programme. In particular, the study examines the effects of the overall programme of the Hellenic Republic Asset Development Fund (HRADF) for the period 2011-2019 and quantifies the impact of selected major privatisation projects. The effects are presented in terms of changes in socio-economic indicators such as GDP, net fiscal revenue and employment. The development of the private property of the Hellenic Republic has been a key pillar of the effort to correct the structural problems and macroeconomic imbalances that had led Greece [...]

Macroeconomic and socioeconomic impact of the privatisation programme of the Hellenic RepublicArtemis Tzatzou2026-01-12T08:11:44+00:00

Pension reform and economic growth

Pension reform and economic growth

admin2026-01-13T10:42:06+00:00

The study highlights the weaknesses of the current pension system and proposes changes in order to enhance the long-term growth rates of the Greek economy. The proposed reform includes a reduction of social security contributions and the creation of a fully funded savings pillar for pensions. The study quantifies the proposal's transition cost and estimates the economic benefits from its implementation. The suggested reduction of social security contributions enhances employment incentives including through an increase of labor participation by circa 100 thousand persons. Combined with the investments' boost stemming from the funded pension pillar, the average annual impact on real [...]

Pension reform and economic growthadmin2026-01-13T10:42:06+00:00

economic impact

Foundation for Economic & Industrial Research