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Public Lecture

Lessons from the Greek crisis

Speaker :

Louka Katseli
Chair, National Bank of Greece and Hellenic Banking Association and Professor, University of Athens, Department of Economics

Welcome address:  

Antonis Ntatzopoulos
Chairman, Hellenic Bankers Association-UK

Chair :

Prof Kevin Featherstone
Head of the European Institute, LSE

Date :

Thursday, 28 January 2016

Venue :

Old Theatre, LSE

Time : 18.30-20.00



The Greek crisis which erupted in 2009 and is still underway will undoubtedly be the subject of many analyses and studies in the years to come. Economists, political scientists, public policy analysts and experts on European governance and policy making will continue to debate the nature and origins of the crisis, the effectiveness of the policies pursued by successive Greek governments and the role of the international creditors (EC-ECB-IMF). In view of the fact that such crises are likely to reoccur in the future in the context of the Eurozone, it is important to draw some pertinent lessons from the Greek  crisis that could pertain to other Eurozone member countries, with a special focus on the interplay between growth, sustainable public finances and social protection systems.  


Louka T. Katseli, is Chair of the Board of Directors of the National Bank of Greece and Chair of the Hellenic Banking Association. She has served as Greece’s Minister of Labour and Social Security (2010-2011), Minister of Economy, Competitiveness and Shipping (2009-2010) and a member of the Hellenic Parliament (2007-2012). Director of the OECD Development Centre in Paris between 2003-2007, she has been a member of several prominent international and European Committees including the UN Committee of Development Policy  (1996-2003), the European Commission’s Economic and Monetary Policy Committees and  the “Comité des Sages” on the Reform of the European Social Charter (1995-1997).

Prof. Katseli holds a Ph.D. (1978) in International and Development Economics from Princeton University (Distinguished Dissertation in Economics) and is Professor of International Economics and Development at the Department of Economics of the National Kapodistrian University of Athens (1987-present). She has served as Assistant and Associate Professor of Economics at Yale University’s Department of Economics and the School of Organization and Management (1977-1985).

She is the recipient of numerous distinctions and fellowships, including that of the Best Young Professor at Yale (1980). She has published extensively in the areas of development economics and finance, migration management, investment and trade, exchange rate policy and institution-building in European and developing countries.