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The Greek Economy in the Light of the Recent Reforms, July 28,

News Release Capital Link, Inc. July 23, 2010
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<CENTER><FONT color=#ffffff size=3><B>WEDNESDAY, JULY 28, 2010 10:00 A.M.
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<CENTER><FONT color=#000066 size=5><B>THE GREEK ECONOMY IN THE LIGHT OF THE
RECENT REFORMS</B></FONT></CENTER><BR clear=all><BR clear=all><BR clear=all><BR
clear=all><FONT color=#000066 size=3><B>Presenter/Panelist</B></FONT> <BR
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<B>Professor Yannis Stournaras</B><BR>Professor of Economics/University of
Athens<BR>and Director General/Foundation for Economic and Industrial Research
(IOBE) <BR><BR>Born in Athens December 10th, 1956. He graduated from the
Department of Economics, University of Athens in 1978. He obtained his
post-graduate degrees (MPhil 1980, DPhil 1982) from Oxford University,
specializing in Economic Theory and Policy. He was Research Fellow and Lecturer
at St. Catherine`s College, Oxford University, from 1982 to 1986. At the same
time he worked at the Oxford Institute for Energy Studies, specializing in the
petroleum market and the consequences of petroleum crises on the global economy.
Following his return to Greece and the fulfillment of his military service, he
worked as a Special Advisor to the Ministry of Economy and Finance (1986-1989)
on Public Enterprises and Incomes Policy issues, and to the Bank of Greece
(1989-1994) on Monetary Policy issues. During that period he represented the
Bank of Greece as an alternate member in the Meetings of the Governors of
European Union`s Central Banks. <BR clear=all><BR clear=all>He is Professor of
Economics at the Department of Economics, University of Athens, which he joined
in 1989. He teaches Macroeconomics and Economic Policy. He has published
articles in academic journals on Macroeconomics, Optimum Taxation Theory, Public
Debt Dynamics, Economic and Monetary Union, Energy Economics, Monetary Policy,
Distortions of Financial Systems. His academic and professional interests focus
on the following fields: economic theory, economic policy, international
economics, monetary economics, energy economics, public finance, banking,
project evaluation and the effects of Economic and Monetary Union on the Greek
economy. <BR clear=all><BR clear=all>From 1994 to July 2000 he was Chairman of
the Council of Economic Advisors at the Ministry of Economy and Finance. He
participated in the design of macroeconomic and structural policies (especially
in the design and implementation of the Convergence Programmes) and represented
the Ministry of Economy and Finance at the Monetary Committee (now Economic and
Financial Committee) of the European Union. In this capacity, he participated in
the negotiations for the entry of Greece in the Economic and Monetary Union. He
was responsible for the consultations with international organizations, such as
the International Monetary Fund, the European Commission and the Organization
for Economic Cooperation and Development (OECD). <BR clear=all><BR
clear=all>From 1994 to 1997 he was Vice Chairman of the Public Gas Corporation
and a member of the Board of Directors of the Public Debt Management Office
(from 1998 until July 2000). <BR clear=all><BR clear=all>From 2000 to 2004 he
was Chairman and Chief Executive Officer of Emporiki Bank and Vice Chairman of
the Association of Greek Banks. <BR clear=all><BR clear=all>From 2005 to August
2008 he was managing director of Kappa Securities. In 2005 he was elected a
Trustee of Gennadius Library. He is also a honorary member of the board of
directors of the "Euterpi" classical music group. <BR clear=all><BR
clear=all>Since September 2009, he is Director General of the Foundation for
Economic and Industrial Research (IOBE). <BR clear=all><BR clear=all><BR
clear=all><FONT color=#000066 size=3><B>Moderated by</B></FONT> <BR
clear=all><BR clear=all><B>Mr. Nicolas Bornozis</B>, President - Capital Link
<BR clear=all><BR clear=all><BR clear=all><FONT color=#000066
size=3><B>Venue</B></FONT> <BR clear=all><BR clear=all>The event will be
accessible through the internet on <A
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before the scheduled event time or you can preregister now for faster access at
the event time. There will be a live slides and audio presentation followed by a
Q&amp;A session. The whole event will not exceed one hour. <BR clear=all><BR
clear=all><BR clear=all><FONT color=#000066 size=3><B>Q&amp;A Session -
<I>Submitting Questions</I> </B></FONT><BR clear=all><BR clear=all>Participants
can submit questions to the panelist prior to or during the event through the
special feature on the event page, or they can email them to us at <A
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<CENTER><B>The Greek Economy in the Light of the Recent Reforms is organized by
Capital Link, a New York-based Investor Relations and Financial Communications
firm. <BR clear=all><BR clear=all>A Free and Invaluable Resource<BR
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<BR clear=all><BR clear=all>This webinar will also be available on demand at any
time after the live broadcast </B></CENTER><BR clear=all><BR clear=all><BR
clear=all><BR clear=all><BR clear=all><FONT color=#000066 size=3><B>Transcript
</B></FONT><BR clear=all><BR clear=all>A transcript of the presentation will be
publicly available at no cost within approximately 48 hours after the event and
those interested can request it when they register for the event or afterwards
through the event page at websites indicated. <BR clear=all><BR clear=all><BR
clear=all><FONT color=#000066 size=3><B>About The Foundation for Economic &amp;
Industrial Research (IOBE) </B></FONT><BR clear=all><BR clear=all>The Foundation
for Economic &amp; Industrial Research (IOBE) is a private, non-profit,
public-benefit research organisation. It was established in 1975 with the dual
purpose of promoting research on current problems and prospects of the Greek
economy and its sectors and of generating reliable information, analysis and
proposals for action that are not produced elsewhere and can thus be of high
value to policy makers in the context of economic policy making. <BR
clear=all><BR clear=all>In that sense, IOBE holds a unique position in Greek
society: it is the only politically independent, non-partisan body dealing with
major issues of the economy, and it aspires to being pro-active, that is, it
seeks to identify, at an early stage, economic issues that can become crucial in
the future and to propose timely solutions for these. <BR clear=all></DIV>
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