Eleftheria Kostika

Email: ekostika@bankofgreece.gr


Eleftheria KostikaEleftheria Kostika (Dr.) is a Deputy Director of the Financial Operations Department at Bank of Greece. She also serves as an Advisor to the Deputy Governor with a specialization on the Eurosystem’s Monetary Policy implementation, the Bank’s international investment portfolio management, global capital markets, and bank resolution. In addition, for the last thirteen (13) years, she is a tutor, teaching assistant and instructor in several undergraduate and postgraduate courses of Athens University of Business Economics, Hellenic Open University and of the National Centre for Public Administration and Local Government in the field of financial econometrics and quantitative methods. She completed a PhD in Financial Econometrics in Athens University of Economics and Business (2008) and has successfully graduated with MSc in Finance from Birkbeck College of University of London (1998). She is a member of ADEX and Greece’s Delegate to the OECD Financial Markets Committee. She has published extensively in academic journals such as International Journal of Finance and Economics, Journal of Forecasting, Studies in Economics and Finance and BIS working papers while she holds an Academic Research Award (2014) from from Bank of Greece’s Governor G. Provopoulos.




Papers Published in World Economics:


Greece’s Economy’s Outstanding Recovery

Growth in Greece’s GDP ran faster than the Eurozone average in 2022. Foreign direct investment reached record highs and tourism rebounded at 2019 levels. The country proved resilient to the energy crisis despite the worsening macroeconomic outlook in the euro area. Regaining investment grade status in 2023 is a feasible target as the distance from this milestone is just one step and Greece’s credit profile has substantially improved. Over the coming years, will Greek economy continue to achieve considerable and sustainable growth rates? The pandemic and energy crises have further increased the urgent need to tackle both long-standing and looming challenges.

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Statistical Data Collection Challenges amid COVID-19 Pandemic

The importance of reliable statistical data is even more urgent in the context of the coronavirus crisis, in terms of managing the risks for public health, restarting the world economy and addressing the long-term economic and social impact of the pandemic. Government lockdowns, social distancing and work from home restrictions, imposed to contain the spread of COVID-19, pose important challenges to statistical data collection and analysis. The unavailability of data sources and the pausing of face-to-face interviews and surveys has had an adverse impact on data quality and processing. Innovation and coordination between all parties involved in the process is required in order to develop new ways of conducting less complex surveys and questionnaires, while keeping a direct and interactive communication with respondents.

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