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Public Debt Management Agency (Greece)
The Public Debt Management Agency (PDMA) is a government agency in Greece. Its stated purpose is the: "improvement of the cost of funding and the achievement of the best possible structure (composition and maturity) of the public debt according to the needs of the Hellenic State and the prevailing international economic conditions." Organisation The PDMA was founded in 1999. It is headed by a Board of Directors, appointed by the Ministry of Finance (Greece), Minister of Finance. This Board of Directors includes the Director General of the PDMA, who handles the day-to-day running of the agency. The current make-up is: * Chairman of the Board: Athanasios Petralias, Secretary General of Fiscal Policy * Deputy Chairman of the Board: Ioulia Armagou, General Director of Fiscal Policy and Budget * Member of the Board: Theodoros Mitrakos, Deputy Governor of the Bank of Greece * Member of the Board: Christos Triantopoulos, Secretary General of Economic Policy of the Hellenic Ministry of F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agency
A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an administration. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or ministry, and other types of public body established by government. The functions of an agency are normally executive in character since different types of organizations (''such as commissions'') are most often constituted in an advisory role—this distinction is often blurred in practice however, it is not allowed. A government agency may be established by either a national government or a state government within a federal system. Agencies can be established by legislation or by executive powers. The autonomy, independence, and accountability of government agencies also vary widely. History Early exa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greece
Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to the northeast. The Aegean Sea lies to the east of the Geography of Greece, mainland, the Ionian Sea to the west, and the Sea of Crete and the Mediterranean Sea to the south. Greece has the longest coastline on the Mediterranean Basin, featuring List of islands of Greece, thousands of islands. The country consists of nine Geographic regions of Greece, traditional geographic regions, and has a population of approximately 10.4 million. Athens is the nation's capital and List of cities and towns in Greece, largest city, followed by Thessaloniki and Patras. Greece is considered the cradle of Western culture, Western civilization, being the birthplace of Athenian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Greece)
The Ministry of Finance ( el, Υπουργείο Οικονομικών) is the government department responsible for Greece's public finances. The incumbent minister is Christos Staikouras of New Democracy. Minister's role According to Article 73 of the Constitution of Greece, any bills relating to pensions must be submitted by the Minister of Finance. According to Article 75 of the Constitution, any bill relating to expenditure or a reduction in revenue must not be introduced unless accompanied by a special report on the bill, signed by the Minister of Finance. Finally, according to Article 79 of the Constitution, the Minister of Finance must bring the budget before the Hellenic Parliament at least one month before the start of the fiscal year, for it to be voted on. Lists of Ministers List of Ministers of Finance (1967–2000) List of Ministers of Economy and Finance (2000–2009) List of Ministers of Finance (since 2009) See also * Bank of Greece References Ext ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Greece
The Bank of Greece ( el, Τράπεζα της Ελλάδος , ΤτΕ) is the central bank of Greece. Its headquarters is located in Athens on Panepistimiou Street, but it also has several branches across the country. It was founded in 1927 and its operations started officially in 1928. The building that currently houses its headquarters was completed ten years later in 1938. The Bank of Greece is listed on the Athens Exchange. Introduction The Bank of Greece, a member of the European System of Central Banks (ESCB), is the national central bank of Greece and was established by Law 3424/7 December 1927. The shares of the Bank of Greece are registered and have been listed on the Athens Exchange since June 12, 1930. It is a partially state owned S.A. share company with special privileges, special restrictions, and duties. It cannot operate as a commercial bank and the percentage of shares that can be under Greek state ownership cannot exceed 35% (initially this limit was 10 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petros Christodoulou
Petros Christodoulou ( el, Πέτρος Χριστοδούλου; born 1960) is a Greek economist and banker. Biography Christodoulou was born in 1960. Christodoulou earned his B.Sc. in finance at the Athens University of Economics and Business in 1982, and his MBA from Columbia University in 1985, with a specialization in Finance and Global Markets. After his graduation he worked for Credit Suisse First Boston (CFSB) in London. In 1987 Christodulou joined Goldman Sachs, working as Head of Money Markets Trading in Goldman Sachs London (1987–1988), and Head of Provincial Bond Trading at Goldman Sachs in Canada. In 1989 Christodoulou joined J.P. Morgan in London, working as Head of European Derivatives Trading (1989–1994), and Head of European Proprietary Trading (1994–1995). In 1995 he was promoted to Managing Director, responsible for European Short Term Interest Trading (1995–1997), and emerging markets in Europe and Africa (1997–1998). From 1998 to 2010, Christodoulo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greek Government-debt Crisis
Greece faced a sovereign debt crisis in the aftermath of the financial crisis of 2007–2008. Widely known in the country as The Crisis ( Greek: Η Κρίση), it reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, as well as a small-scale humanitarian crisis. In all, the Greek economy suffered the longest recession of any advanced mixed economy to date. As a result, the Greek political system has been upended, social exclusion increased, and hundreds of thousands of well-educated Greeks have left the country. The Greek crisis started in late 2009, triggered by the turmoil of the world-wide Great Recession, structural weaknesses in the Greek economy, and lack of monetary policy flexibility as a member of the Eurozone. The crisis included revelations that previous data on government debt levels and deficits had been underreported by the Greek government: the official forecast for the 2009 budg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
