A two-day international economic conference entitled 'From the Drachma to the Euro' was formally opened this evening at the head offices of the Latsis Group, 'Pallas Athena', in Kephalari, Kifissia, in the presence of leading figures of Greece's political, economic and business life.A two-day international economic conference entitled 'From the Drachma to the Euro' was formally opened this evening at the head offices of the Latsis Group, 'Pallas Athena', in Kephalari, Kifissia, in the presence of leading figures of Greece's political, economic and business life. The conference, which is being held under the auspices of the Association for the Monetary Union of Europe (AMUE), is part of EFG Eurobank's on-going campaign to assist enterprises and the public at large in their preparations for a successful transition to the euro. The Minister of the National Economy and Finance, Mr Yannos Papantoniou, the Governor of the Bank of Greece, Mr Loukas Papademos, and the Governor of the National Bank of Greece, Mr Theodoros Karatzas, were speakers at the official opening of the conference.
Proceeedings were opened by a brief introduction from the Chairman of the EFG European Financial Group, Dr Spiro J. Latsis, who, before introducing the speakers, spoke of the role of the AMUE and its contribution to European integration. Mr Latsis paid special tribute to M. Valιry Giscard d' Ιstaing, former President of France, who is attending the conference. Mr. Latsis spoke warmly of his contribution during Greece's march toward membership of the European Community. Mr. Latsis chaired the discussion and toward the end took questions from guests. The questions focussed mainly on economic and monetary developments in the run-up to Greece's accession of the euro zone, the adaptation of enterprises to the new environment, and developments in the financial sector. The Minister of the National Economy and Finance, Mr Yannos Papantoniou, spoke of the new opportunities opened up by membership of EMU. In this context, the central objectives of the Government's policy are:
The conference will continue and conclude its work tomorrow at the Athens Hilton, where participants will be addressed by many distinguished figures from Greek and European political, economic, and business life. Note: The full text of the address of M. Valéry Giscard d' Éstaing will be made public tomorrow.