Universities’ function is at stake as a result of the extensive cuts to University assets in the Bank of Greece at the beginning of March (PSI).
During today’s urgent Hellenic Universities Rectors’ Synod it was established that several Greek universities are on the brink of economic collapse as their bank accounts are almost empty.
Turning universities’ assets to state bonds – as imposed by the PSI – deprived them of millions of Euros, Rector of the University of Ioannina and member of the Presiding Board of the Synod, Tr. Albanis stressed.
The amount of 120 million Euros from 17 universities’ accounts in Bank of Greece – covering functional needs – is barely 33 million Euros today, while six schools have zero accounts.
A legal commission will be recruited for claiming the lost money, added Rector Tr. Albanis. “The Synod shares the opinion that universities should not close as a sign of protest”, he assured, explaining that this policy would in fact harm the present academic situation even more.
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