greek finance pm who was a lawyer

Are Greek analysts wrong about net debt position?

Many financial analysts, including the largest private holder of Greek debt, private equity firm manager, Paul Kazarian, found issue with its findings, citing it as a distortion of net debt position.

Are Greece's creditors close to writing off some of its debt?

"Greece's creditors close to writing off some of its debt". The Guardian. London. Retrieved 3 June 2013.

How did Varoufakis become Finance Minister?

Varoufakis was elected to the Greek parliament, gathering the largest number of votes (more than 142 thousand) of any Greek MP, representing Syriza, and took office in the new government of Alexis Tsipras two days later, on 27 January 2015. He was appointed Finance Minister by Tsipras shortly after the election victory.

Will IMF admit mistakes in handling Greek debt crisis and bailout?

^ "IMF 'to admit mistakes' in handling Greek debt crisis and bailout". The Guardian. 5 June 2013. Retrieved 22 June 2018. ^ "For hard-hit Greeks, IMF mea culpa comes too late".

What is Yanis Varoufakis doing now?

He has been Secretary-General of MeRA25, a left-wing political party, since he founded it in 2018. A former member of Syriza, Varoufakis was a member of the Hellenic Parliament for Athens B from January to September 2015; he regained a parliamentary seat in July 2019.

What did Mitsotakis study?

From 1986 to 1990, he attended Harvard University and earned a bachelor's degree in social studies, receiving the Hoopes Prize.

What is the name of the Greek Prime Minister?

Kyriakos MitsotakisGreece / Prime minister

Who is Kyriakos Mitsotakis wife?

Mareva GrabowskiKyriakos Mitsotakis / Wife (m. 1997)

What languages does Mitsotakis speak?

GreekEnglishFrenchGermanKyriakos Mitsotakis/Languages

How tall is Mitsotakis?

6′ 2″Kyriakos Mitsotakis / Height

Where does Greek PM live?

The Maximos Mansion (Greek: Μέγαρο Μαξίμου, Mégaro Maxímou) has been the official seat and residence of the Prime Minister of Greece since 1982. It is located in downtown Athens, Greece, near Syntagma Square.

What does the name Kyriakos mean?

of the lordKyriacos is a Greek male given name, which means "of the lord" (derived from Greek κύριος (kyrios) "lord"). Examples of people with this name include: Kyriacos Costa Nicolaou (born 1946), Cypriot-American chemist known for synthesizing Taxol.

What is Greece famous for?

Greece is famous for its ancient philosophers, like Plato, Pythagoras, Socrates, and Aristotle, to name a few. It is known as the birthplace of democracy in the West; they invented the Olympic Games and theater. Ancient Greeks invented monumental temples with Greek columns.

What was the first Hellenic Republic?

First Hellenic Republic (1822–1833) The heads of government of the provisional Greek state during the Greek War of Independence, and the subsequent Hellenic State . Name. (Birth–Death) Portrait. Term of office. Party. Notes. Took office.

Which dynasty restored the Kingdom of Greece?

Kingdom of Greece – Glücksburg dynasty restored (1935–1974) The heads of government during the second period of the Glücksburg dynasty, including the rival governments during the Second World War and the Civil War, as well as the 1967–74 military regime. Name.

When did Greece adopt the Gregorian calendar?

On dates, Greece officially adopted the Gregorian calendar on 16 February 1923 (which became 1 March).

Who is the Kyriakides Georgopoulos law firm?

Kyriakides Georgopoulos Law Firm has a notable emphasis on commercial lending, acting for both lenders and borrowers on the full spectrum of relevant transactions. The team is also active in project finance, with a track record of advising on energy and infrastructure projects, and has a dedicated task force focused on the NPL market. Konstantinos Vouterakos is a specialist in securities regulation, with extensive experience of acting on IPOs, SPOs, tender offers, combined offerings, bond issuances and private placement projects. He jointly leads the team with Theodore Rakintzis.

Who is the partner of Dryllerakis?

The practice at Dryllerakis & Associates is fronted by Emmanuel Dryllerakis, whose core strengths include NPLs, corporate and project finance, and intricate financial structures. His team includes recently made-up partner Stella Yannika, who demonstrates noteworthy expertise in security and bank loan agreements, as well as convertible bonds and syndicated loans. The department has been particularly active in hotel-related financing matters of late and is also extremely well versed in capital control mandates.

What is Lambadarios law firm?

A team with ‘ deep knowledge of Greek capital markets law ’, Lambadarios Law Firm is regularly instructed on high-end listed and traded debt, equity, public M&A and high-yield bond matters. Its lawyers are equally well regarded for project and acquisition finance mandates, with experience in large infrastructure and energy projects. Managing partner Constantinos Lambadarios provides the team with distinguished real estate finance, private equity and NPL expertise. The team also includes Prokopis Dimitriadis, a specialist in debt restructuring, derivatives, credit facilities and corporate bonds, and Yannis Kourniotis, who is experienced in infrastructure and concession projects.

What is Akl law firm?

AKL Law Firm is ‘ very skilled at advising syndicates of banks ’, with names such as Piraeus Bank, Eurobank, Alpha Bank and the National Bank of Greece on its client roster. The team advises on the full array of financing matters, from regulatory issues to high-value transactions. Led by the ‘ highly experienced ’ Alexandros Kosmopoulos, it is an optimal choice for corporate, real estate and project finance, along with secured and syndicated lending, financial project structuring, and debt and equity capital markets mandates. Kosmopoulos is closely supported by the ‘ reactive and client-orientated ’ George Zohios, who routinely acts for REITs, private equity funds, banks and finance companies.

What is Sarantitis practice?

The cornerstones of Sarantitis ’ practice include high-end banking disputes, regulatory affairs and a broad variety of finance mandates, such as shipping finance transactions, corporate financing and debt restructurings. Alexandros Metaxas leads the department, which notably counts HSBC and Piraeus Bank among its clients.

What is Watson Farley and Williams?

With the capacity to advise on both English and Greek law, Watson Farley & Williams – Greek Branch has excellent experience in asset finance, namely maritime and aviation finance, and project finance, where it advises on energy and infrastructure-related schemes. The practice also has expertise in banking regulatory matters such as confidentiality, report obligation and terms of business issues. Virginia Murray, Marisetta Marcopoulou, George Paleokrassas and Nikolaos Kostikas jointly lead the department, which also advises banks and NPL funds on large performing and non-performing portfolio transactions, with the additional capacity to advise on capital markets, corporate finance, lease financing, secured lending and refinancing mandates.

Who is the head of Zepos and Yannopoulos?

Team head Christina Papanikolopoulou 's foremost area of focus is structured finance, but she is also knowledgeable in every aspect of financial transactions, debt restructurings, banking regulation, and distressed banking and trade originated debt. Elena Papachristou, a specialist in capital markets regulation and compliance and market abuse, is also well versed in equity capital markets transactions. Also of note is Kely Pesketzi , who is ' business-minded with great experience in the banking sector '.

Who is Georgios Papandreou?

For the Greek historian and linguist, see Georgios Papandreou (historian). Georgios Papandreou ( Greek: Γεώργιος Παπανδρέου Geórgios Papandréou; 13 February 1888 – 1 November 1968) was a Greek politician, the founder of the Papandreou political dynasty.

Who is the grandfather of democracy?

Since his grandson George A. Papandreou entered politics, most Greek writers use Γεώργιος ( Geórgios) to refer to the grandfather and the less formal Γιώργος ( Giórgos) to refer to the grandson.

What party did Papandreou start?

In 1961, Papandreou revived Greek liberalism by founding the Centre Union Party, a confederation of old liberal Venizelists, social democrats and dissatisfied conservatives. After the elections of "violence and fraud" of 1961, Papandreou declared a " Relentless Struggle " against the right-wing ERE and the "parakrátos" (deep state) of the right.

Where did Papandreou go when Venizelos left Athens?

When Venizelos in 1916 left Athens, Papandreou accompanied him to Crete, and then went to Lesbos, where he mobilised anti-monarchist supporters in the islands and rallied support for Venizelos's insurgent pro-Allied government in Thessaloniki .

What was Papandreou's job?

From 1946–1952 he served as labour minister, supplies minister, education minister, finance minister and public order minister. In 1950–1952, he was also deputy prime minister . The 1952–1961 period was a very difficult one for Papandreou.

Who was the leader of the 1922 Revolution?

The leadership of the 1922 Revolution, Colonels Plastiras and Gonatas, with their political advisor, Geórgios Papandreou senior (left). In the 1920 general election, Papandreou unsuccessfully ran as an independent liberal in the Lesbos constituency.

Who was George Papandreou's first wife?

He married twice. His first wife was Sofia Mineyko, a Polish national, daughter of Zygmunt Mineyko and paternal granddaughter of Stanislaw Mineyko (1802–1857). Their son Andreas Papandreou was born in Chios in 1919. His second wife was the actress Cybele Andrianou and their son was named George Papandreou.

When is the Cyprus and Hellenic Leadership Conference 2021?

Dear Friends, July 20th, 2021, marks 47 years since the Turkish military invasion of the Republic of Cyprus. This date will always serve, and does so today, as a painful reminder οf the tragedies ...

Who is the CEO of the American Jewish Committee?

Prime Minister Kyriakos Mitsotakis met with the CEO of the American Jewish Committee, David Harris. Prime Minister Kyriakos Mitsotakis met today with the CEO of the American Jewish Committee (AJC), David Harris, at Maximos Mansion.

Who is the Commissioner for the Internal Market?

Prime Minister Kyriakos Mitsotakis met today with the Commissioner for the Internal Market, Thierry Breton. At the start of the meeting Kyriakos Mitsotakis made the following remarks: Kyriakos Mitsotakis: It is a real pleasure to welcome...

How many Greek companies went bankrupt in 2012?

During that year, 111,000 Greek companies went bankrupt (27% higher than in 2010). As a result, the seasonally adjusted unemployment rate grew from 7.5% in September 2008 to a then record high of 23.1% in May 2012, while the youth unemployment rate time rose from 22.0% to 54.9%.

How much of the Greek government bonds were sold in 2010?

Despite the crisis, the Greek government's bond auction in January 2010 of €8bn 5-year bonds was 4x over-subscribed. The next auction (March) sold €5bn in 10-year bonds reached 3x. However, yields (interest rates) increased, which worsened the deficit. In April 2010, it was estimated that up to 70% of Greek government bonds were held by foreign investors, primarily banks.

What was the fourth review of the Greek bailout programme?

The fourth review of the bailout programme revealed unexpected financing gaps. In 2014 the outlook for the Greek economy was optimistic. The government predicted a structural surplus in 2014, opening access to the private lending market to the extent that its entire financing gap for 2014 was covered via private bond sales.

What was the Greek tax system in response to the crisis?

In response to the crisis, the Greek governments resolved to raise the tax rates dramatically. A study showed that indirect taxes were almost doubled between the beginning of the Crisis and 2017. This crisis-induced system of high taxation has been described as "unfair", "complicated", "unstable" and, as a result, "encouraging tax evasion". The tax rates of Greece have been compared to those of Scandinavian countries, but without the same reciprocity, as Greece lacks the welfare state infrastructures.

How much did Greece's GDP fall in 2014?

Greek GDP fell from €242 billion in 2008 to €179 billion in 2014, a 26% decline. Greece was in recession for over five years, emerging in 2014 by some measures. This fall in GDP dramatically increased the Debt to GDP ratio, severely worsening Greece's debt crisis.

How much debt did European banks have in Greece in 2011?

However, by early 2015 their holdings had declined to roughly €2.4bn, in part due to the 50% debt write-down.

What is Paul Krugman's view on the balance of payments?

is a balance of payments problem, in which capital flooded south after the creation of the euro, leading to overvaluation in southern Europe" and "In truth, this has never been a fiscal crisis at its root; it has always been a balance of payments crisis that manifests itself in part in budget problems, which have then been pushed onto the center of the stage by ideology."

What did Nicolas Sarkozy call Lagarde's appointment?

President Nicolas Sarkozy referred to Lagarde's appointment as "a victory for France.". Oxfam, a charity working in developing nations, called the appointment process "farcical" and argued that what it saw as a lack of transparency hurt the IMF's credibility.

What law firm did Lagarde work for?

Professional career. Lagarde joined Baker & McKenzie, a large Chicago-based international law firm, in 1981. She handled major antitrust and labour cases, was made partner after six years and was named head of the firm in Western Europe.

What happened to Lagarde?

On 3 August 2011, a French court ordered an investigation into Lagarde's role in a €403 million arbitration deal in favour of businessman Bernard Tapie. On 20 March 2013, Lagarde's apartment in Paris was raided by French police as part of the investigation. On 24 May 2013, after two days of questioning at the Court of Justice of the Republic (CJR), Lagarde was assigned the status of "assisted witness", meaning that she herself was not under investigation in the affair. According to a press report from June 2013, Lagarde was described by Stéphane Richard, the CEO of France Telecom (a former aide to Lagarde when she was finance minister), who was himself put under formal investigation in the case, as having been fully briefed before approving the arbitration process which benefitted Bernard Tapie. Subsequently, in August 2014 the CJR announced that it had formally approved a negligence investigation into Lagarde's role in the arbitration of the Tapie case. On 17 December 2015, the CJR ordered Lagarde to stand trial before it for alleged negligence in handling the Tapie arbitration approval. In December 2016, the court found Lagarde guilty of negligence, but declined to impose a penalty.

Why did Lagarde go to trial?

On 17 December 2015, the CJR ordered Lagarde to stand trial before it for alleged negligence in handling the Tapie arbitration approval. In December 2016, the court found Lagarde guilty of negligence, but declined to impose a penalty.

Why did Lagarde say the IMF was a counter-treaty?

In July 2010, Lagarde told the PBS NewsHour that the IMF's lending program for distressed European countries was "a very massive plan, totally unexpected, totally counter-treaty, because it wasn't scheduled in the treaty that we should do a bailout program, as we did." She also said, "we had essentially a trillion dollars on the table to confront any market attack that would target any country, whether it's Greece, Spain, Portugal, or anybody within the eurozone." With respect to the French economy, she stated that besides short-term stimulus efforts: "we must, very decisively, cut our deficit and reduce our debt."

Why did the IMF refuse to participate with the Eurozone countries in further emergency financing for Greece?

In 2016, the IMF refused to participate with eurozone countries in further emergency financing for Greece, because concrete measures to relieve the country of its debt burden remained absent. Lagarde addressing at the Singapore FinTech Festival 2017. Lagarde during the Munich Security Conference 2018.

When did Lagarde say she was not in the negotiation or renegotiation mood?

Lagarde during the World Economic Forum 2013. In July 2012, as the Greek economy continued to decline, and the country's leaders asked for an easing of the terms of external assistance, Lagarde said she was "not in the negotiation or renegotiation mood at all.".