Bank Reform in Greece with reference to Eastern Europe. The Case of the Hellenic Industrial Development Bank S.A
Is Greece a reforming economy? The purpose of this paper is to present the evolution and structure of the banking sector in Greece, with reference to the parallel experiences of the Eastern European (EE) countries. In Section 2, we are concerned with the domestic economic environment within which the Greek Banking System (GBS) operates. and the pressures building up within the system encouraging reform. In Section 3, we look into the evolution of the Greek Banking System, both in terms of structures and in terms of policy. Changes in the instruments of monetary policy are also considered in this section. In Section 4, we present the case of the Hellenic Industrial Development Bank, currently undergoing a thorough restructuring plan. In Section 5, we examine some of the main similarities and differences between Greece and the EE countries in relation to banking sector problems and reforms.
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- John Bonin & Mark E. Schaffer, 1999.
"Revisiting Hungary's Bankruptcy Episode,"
CERT Discussion Papers
9906, Centre for Economic Reform and Transformation, Heriot Watt University.
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- Wendy Carlin & John Van Reenen & Toby Wolfe, 1995. "Enterprise restructuring in early transition: the case study evidence from Central and Eastern Europe," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 3(4), pages 427-458, December.
- Schaffer, Mark E., 1998. "Do Firms in Transition Economies Have Soft Budget Constraints? A Reconsideration of Concepts and Evidence," Journal of Comparative Economics, Elsevier, vol. 26(1), pages 80-103, March.
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