Papandreou Appoints Italian Economist & Banker Padoa Schioppa as Advisor



Prime Minister George Papandreou announced yesterday the appointment of Italian banker and economist Tommaso Padoa Schioppa to advise the Greek government on economic issues.
The announcement issued by the Premier’s office stated that Padoa-Schioppa would be advising on macroeconomic, taxation, banking and debt management issues.  He will offer Papandreou advice on issues of political planning relating to Greece’s implementation of a programme of economic, fiscal and structural policy in the framework of the European support mechanism.
Padoa-Schioppa has vast global knowledge of a complex network of institutional and economic facts and extensive experience in policy making at the highest international level.
Padoa-Schioppa served as Italy’s Economy and Finance Minister under the Prodi government between May 2006 and May 2008.  He has held highly influential positions in a number of international financial institutions.
Padoa-Schioppa is currently a member of the Washington based financial advisory body “The Group of Thirty” and is President of the Paris based think tank “Notre Europe”. During October 2007 until April 2008 he was chairman of The International Monetary and Financial Committee; the top policy steering committee of The IMF.
He has also served as president of the Basel Committee on Banking Supervision between1993-1997 and was a member of The European Central Bank’s six member executive board from its establishment in 1998 until the end of May 2005.
(source: ana-mpa)


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