SYMPOSIUM | Greece, Out of The Crisis: Debt-End or Dead-End

"... the greatest mother of the Olympian spirits, black Earth, might best bear witness in the court of Time, she from whom I once lifted the boundary stones [horoi] that had been fixed everywhere: before she was in slavery, now she is free." ~Solon, Fragment 36

View photos from the event here


Greece, Out of The Crisis: Debt-End or Dead-End

Organized by

Dr. Nikolaos Antonakakis; Associate Professor of Economics, Department Head, Business and Management – Webster Vienna Private University
Mr. Nikolaos Karatsoris; Entrepreneur, Consultant, Member of the Organizing Committee.
Mr. Vasilis Pazopoulos; Columnist, Author, Investment Advisor, Member of the Organizing Committee.

May 17, 2017
Sofitel Vienna Stephansdom, Praterstrasse 1, 1020, Vienna

Beginning in 2010, the structure, policies and implementation in the Hellenic Republic of the Memorandums of Understanding and Master Financial Agreements with the creditors and Institutions (IMF, EU, ECB, ESM) have contributed to the creation of an unprecedented in modern history economic and social depression. The purpose of the symposium is to present the causes of the crisis as well as content specific proposals for a radical approach to get “Greece, Out of the Crisis”. Invited are world renowned academics and experts in the financial system.

Press Release: in English, German and Greek.

Live-streaming: The whole event will be streamed live from our official Webster Vienna Facebook page. Make sure to click here on the day of the event to watch the symposium live!


Wednesday, May 17

08:00 - 08:45       Registration & coffee

08:45 - 09:00       Welcome Address, Dr. Nikolaos Antonakakis, Assoc. Prof. of Economics and Department Head of
                             Business & Management at Webster Vienna Private University

                             [Video of Presentation]

09:00 - 12:00       Lectures / Panel Discussion on
                            The Causes of the Greek Crisis and Solutions
09:00 - 09:01       Dr. Antonakakis, Nikolaos invites panel moderator Prof. Landesmann, Michael

09:01 - 09:05       Prof. Landesmann, Michael welcomes panel Keynote Speakers
                             [Video of Presentation]

09:05 - 09:35       Prof. Keen, Steve. Head of the School, Economics, History and Politics, Kingston University London
                             Lecture on “How can Greeks save more money?
                             [Video of Presentation]
                             [Video of Presentation]                             

09:35 - 09:40       Mr. Chatzitheodosiou, Ioannis. President of the Athens Chamber of Tradesmen 
                             Expert Short Intervention on "Small businesses and the real economy in Greece"
                             [Video of Presentation]

09:40 - 10:10       Mr. Kazarian, Paul. Head of Japonica Partners.
                            Lecture on A business leader’s perspective: Using two key undeniable facts on Greece to win
                            the trust & confidence of taxpayers and the global capital markets

                            [Video of Presentation]

10:10 - 10:15       Mr. Niforos, Thanos. Wealth & Investments Manager, Former Investment Advisor at Government of
                             Hellenic Republic
                             Expert Short Intervention on "The value of Development Banks for an economy in distress"
                             [Video of Presentation]

10:15 - 10:25       Dr. Polimenis, VasilisAssociate Professor of Finance, Former Vice Chairman of the Board at
                             Consignment Deposits and Loans Fund
                             Expert Short Intervention on "National Development Bank: an important missing tool for the
                             economy of Greece
                             [Video of Presentation]

10:25 - 10:55       Prof. Avgouleas, Emilios. Chair in International Banking Law and Finance, University of Edinburgh.
                             Member of Banking Stakeholder Group of the European Banking Authority
                             Lecture (via Video Conference) on “Bad, broken, rotten - But can the European Monetary Union
                             be fixed?

                             [Video of Presentation]

10:55 - 11:25       Prof. Mardas, Dimitris. Aristotle University of Thessaloniki, Member of Greek Parliament (September
                             2015 -), Deputy Finance Minister (January 2015 – August 2015), Undersecretary of State (September
                             2015 – November 2016)

                             Lecture on “The need of a dynamic investment process in tradeable goods and services
                             [Video of Presentation]

11:25 - 12:00       Panel Discussion, Q&A Moderator: Prof. Landesmann, Michael. Scientific Director, WIIW, Professor
                            of Economics, JKU
                             [Video of Panel Discussion]

12:00 - 12:30       Lunch break

12:30 - 15:00       Lectures / Panel Discussion on
                            Parallel Currency Solutions

12:30 - 12:31       Mr. Karatsoris, Nikolaos welcomes panel moderator Dr. Richter, Wolfgang 

12:31 - 12:35       Dr. Richter, Wolfgang welcomes panel Keynote Speakers 

12:35 - 12:50       Dr. Richter, Wolfgang. Lawyer and Economist, Executive Partner (Berlin) DWF Germany
                             Rechtsanwaltsgesellschaft mbH
                             Lecture on “Rigidity versus flexibility - one currency versus multiple currencies, is that the
                             [Video of Presentation]

12:50 - 13:10       Prof. Lietaer, Bernard. International expert in design & implementation of currency systems.
                             Lecture on “Why complementary currencies?
                             [Additional background documents]
                             [Video of Presentation]

13:10 - 13:15       Mr. Hafner, J. Heinz. Board Member, Unterguggenberger Institut
                             Expert Short Intervention on “The 'Wörgler Freigeld' as a practical success story in contemporary
                             history and potential takeaways for our modern times
                             [Video of Presentation]
                             [Special Report on Parallel currencies and complementary systems in Greece (in German language)]
13:15 - 13:35       Prof. Lietaer, Bernard. International expert in design & implementation of currency systems.
                             Lecture on “Complementary currency applications
                             [Video of Presentation]

13:35 - 14:05       Mr. Cattaneo, Marco. Chairman CPI Private Equity.
                             Lecture on “Tax-backed parallel currencies to reform the Eurosystem. The political debate in
                             Italy and a Comparison between the Greek and the Italian economic scenario
                             [Video of Presentation]

14:05 - 14:35       Prof. Parenteau, Rob, CFA. Adjunct Professor at Presidio Graduate School, Research Associate Levy
                             Institute, sole proprietor of MacroStrategy Edge
                             Lecture on “Exiting austerity with tax anticipation notes” 
                             [Video of Presentation]

14:35 - 15:00       Panel Discussion, Q&A. Moderator: Dr. Richter, Wolfgang. Lawyer and Economist, Executive Partner
                             (Berlin) DWF Germany Rechtsanwaltsgesellschaft mbH
                             [Video of Panel Discussion]

15:00 - 15:15       Coffee break

15:15 - 19:00       Lectures / Panel Discussion on
                            The Greek National Debt, Origins and Solutions  

15:15 - 15:16       Mr. Vasilis Pazopoulos welcomes panel moderator Mr. Konstas, Chris 

15:16 - 15:20       Mr. Konstas, Chris welcomes Keynote Speakers

15:20 - 15:50       Prof. Ritschl, Albrecht. Professor of Economic History London School of Economics.
                             Lecture (via Video Conference) on “Does Germany owe Greece a debt? A view from history” 
                             [Video of Presentation]

15:50 - 16:20       Prof. Lapavitsas, Costas. Professor of Economics at the School of Oriental and African Studies,
                             University of London
                             Lecture on “Estimating the redenomination cost of Greek exit from the EMU” 
                             [Video of Presentation]

16:20 - 16:50       Dr. Yamaguchi, Kaoru. Director, Japan Futures Research Center.
                             Lecture on “Electronic public money is a savior for debt economies. An on-going experiment in
                             [Video of Presentation]

16:50 - 16:55       Mr. Kyriakopoulos, John. Lawyer & Economist, Managing Partner Kyros Law Offices, Former Managing
                             Director of the Hellenic Pension Mutual Fund Management Company
                             Expert Short Intervention on "The destructive effects of the 2012 Private Sector Involvement
                             [Video of Presentation]

16:55 - 17:25       Prof. Liargovas, Panagiotis. Professor of Economics at the University of Peloponnese, Coordinator of
                             the Parliamentary Budget Office
                             Lecture on “Is there a ‘Debt Trap’ in the Greek economy?” 
                             [Video of Presentation]

17:25 - 17:55       Prof. Werner, Richard. Chair in International Banking, Director, Centre for Banking, Finance and
                             Sustainable Development
                             Lecture on “Two Victims of the Euro - Causes and Escape Routes for Greece and Germany” 
                             [Video of Presentation]

17:55 - 18:25       Prof. Hudson, Michael. Professor of Economics at the University of Missouri, Kansas City.
                             Lecture (via Video Conference) on “Why the Greek debt should be cancelled. It was odious in the
                             first place
                             [Video of Presentation]

18:25 - 19:00       Panel Discussion, Q&A Moderator: Mr. Konstas, Chris. Journalist, Βusiness Editor in Chief,
                            The Paraskinio, Action 24

19:00 - 19:15       Symposium Closing Address, Dr. Nikolaos Antonakakis, Assoc. Prof. of Economics and Department
                             Head of Business & Management at Webster Vienna Private University

19:30 - 21:30       Symposium Dinner


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