Greek Banking at the Dawn of the New Millennium

Barry Eichengreen and Heather Gibson

No 2791, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: In this Paper we analyse the current state, past performance, and future prospects of the Greek banking system. Greek banking is in a period of rapid transformation, reflecting the impact of national, European and international forces. Deregulation and European integration are already intensifying competition. The most revolutionary transformation will follow from the privatization of Greece?s public banks. We focus on two challenges for policy makers: the need to strengthen prudential supervision, and the need to manage the process of restructuring so as to deliver a more efficient, competitive banking system.

Keywords: Banking; Greece; European integration (search for similar items in EconPapers)
JEL-codes: F30 G20 (search for similar items in EconPapers)
Date: 2001-05
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Citations: View citations in EconPapers (54)

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