Policy and industry-facing research
My research has contributed to policy discussions in Europe, informed the work of policy institutions, and translated into sustained engagement with financial institutions and advisory firms. I have also organised high-level policy roundtables bringing together academics, policymakers, regulators, and practitioners.
An illustrative recent example of industry-facing engagement is a commissioned consultancy research project for PwC Greece on zombie-firm identification, corporate survival modelling, and early-warning risk systems using granular firm-level data. Presentation here.
Earlier policy-oriented work includes research consultancy projects for the European Commission and the European Central Bank on issues related to the modelling and pricing of sovereign risk.
Policy papers
Fiscal space and sovereign bond market developments in selected European economies, with J. Tsoukalas. Hellenic Parliamentary Budget Office, Research Notes Series,1, 2025
A comprehensive analysis of transactions in the Greek residential property market, with E. Pyrgiotakis, Hellenic Observatory Discussion Papers, 2025, GreeSE Paper No. 204. Podcast (by NotebookLM), Version in Greek
The determinants of sovereign bond yield spreads in the EMU, with A. Afonso and M. Arghyrou, European Central Bank, Working Paper Series, 2015, No. 1781
The EMU sovereign-debt crisis: Fundamentals, expectations and contagion, with M. Arghyrou, European Commission, Economic Papers, 2011, No. 436
Media & public dissemination
Greek zombie firms report coverage, Kathimerini (in Greek), 2025.
The new equilibria in the Greek banking system, with A. Fousteris, Naftemporiki (in Greek), 2025. English version here.
Greek residential property market, ERT News (in Greek), 2024.
Analysing transactions in the Greek residential property market, with E. Pyrgiotakis, Naftemporiki (in Greek), 2024.
Lessons from the Greek Property Transaction Value Register, with E. Pyrgiotakis, Kathimerini (in Greek), 2024.
Greek property market and banks: Quo vadis? with S. Kokas, Oikonomikos Taxydromos (in Greek), 2024. English version here.
Greek banking sector prospects, ERT News (in Greek), 2024.
Greek banks' recovery from the crisis, with S. Kokas, Naftemporiki (in Greek), 2023. English version here.
Challenges and opportunities for private equity, with S. Kokas, Naftemporiki ((in Greek), 2023.
What are the possible effects of the ECB's tighter monetary policy?, Naftemporiki (in Greek), 2022.
The links between monetary policy and bank profitability, ERT News (in Greek), 2022.
Lessons from the sovereign debt crisis, Vima (in Greek), 2011.
The crisis as an opportunity, with M. Arghyrou, Kathimerini (in Greek), 2010.