NEWSLETTER - SPRING 2025
External Evaluation of the Department of Economics | Alumni |
The External Evaluation of the Department of Economics was undertaken by ADIP (the HELLENIC QUALITY ASSURANCE AND ACCREDITATION AGENCY) on the 1st and 2nd of July 2019. The evaluation was conducted by Professor Chari Jannis Angelis (KTH Royal Institute of Technology), Professor Nikolaos Georgantzis (Burgundy School of Business), Associate Professor Vasileios Zervos (ISU and University of Strasbourg), Professor Ioannis Violaris (City Unity College Nicosia, Cyprus), and Mr Vasileios Samoutis (Economic Chamber of Greece). The Panel confirmed the very high standing of the Undergraduate Study Programme, where the Department attained "full compliance" in 10 out of 10 key Principles. |
AUEB's Department of Economics invites its graduates to join the new platform alumni.aueb.gr |
Undergraduate Studies | |||
Τhe Undergraduate Courses Program includes 59 courses offered by the Department, including 19 Compulsory Courses offered by the Department and 93 Free Elective Courses offered by other Departments of the University. 18 Foreign Language Courses, as well as 6 courses taught in English for visiting students through the Erasmus Program are also offered. The Bachelor's degree is obtained by those students who successfully complete 40 courses (19 Compulsory, 8 specialization courses out of the list of courses of the selected specialization, 9 elective courses -up to 3 offered by the other Departments and 4 Foreign Language Courses) and accumulate 240 ECTS. Courses can be passed either by examination, or by exemption, or by equivalence under the Erasmus programme. Students are required to successfully complete 4 courses (I, II, III, IV) of one of the three foreign language cycles offered by the University. Students do not receive a grade for these courses, but only the qualification "pass" or "fail". Students may be exempted from foreign language courses by submitting a certified copy of the approved ASEP Language Certificates either by the issuing authority or by a lawyer. The program of the Department of Economic Science offers three (3) specializations: 1. Economic Theory and Policy 2. Business Economics and Finance 3. International and European Economics In order to indicate the specialization they choose, students must be successfully examined in 16 courses, of which 12 must be compulsory. These do not include Teaching and Pedagogical Adequacy, Foreign Languages and Practical Exercise. Further information can be found here Presentation of the undergraduate program of the Departent of Economics The Department of Economics participated in the online informational event held on March 13, 2025, for high school seniors, where the undergraduate programs of all Departments of AUEB were presented. Assistant Professor Petros Varthalitis presented the undergraduate program of the Department of Economics The related video (in Greek) is available below:
The academic year 2024–2025 finds our department continuing its excellent trajectory and ranking in the highest position among 14 equivalent departments of other universities in terms of admission scores. In 2024, 54.6% of successful candidates selected the Department of Economics at the Athens University of Economics and Business as their first choice. |
Testimonials
Christos Loukas, first-year undergraduate student in the Department of Economics
Ilias Giannadakis, graduate of the Department of Economics (January 2025)
Ilias Rousalis, fourth-year undergraduate student in the Department of Economics
Konstantinos Vlachos, postgraduate student in Economics
The Internship Program offered by the Department of Economics gives to students the opportunity to work in companies, organizations and banks in the Attica region, as well as other parts of the country. The companies and organizations where students completed their internships during the academic year 2023-24, as well as during the winter semester of the academic year 2024-25, are available here The Program "Practical Training of the Athens University of Economics and Business for the academic years 2024-2025, 2025-2026, and 2026-2027" with Code OJPS 6018829 is implemented within the framework of the Operational Program "Human Resources and Social Cohesion 2021-2027". Alternatively, in case there are no ESF funds available in a certain period, interested parties can participate in the privately funded program "Self-financed Student Internship Project of AUEB". In this program, funding is entirely provided by the company, which undertakes the obligation to deposit the amount related to the student's compensation and accident insurance into a bank account held by the Special Fund and Research Account of AUEB after the completion of the internship. Students can only participate once in the Department's Internship Program (either with ESF funds or with other resources). Further information about the evaluation of applications and the duration of the internship can be found here Scientific Coordinator: Assistant Professor Eleftherios Zacharias, ezachar@aueb.gr Administrative Support: Antonios Roussos, roussos@aueb.gr |
Under the auspices of the Erasmus+ Programme, the Department of Economics each year provides its students with the opportunity to spend part of their studies (Autumn Semester, Spring Semester, or Academic Year) in European Universities, with full recognition of their studies. The Department offers transparency in its curriculum and fair treatment to all its students by applying the rules of ECTS. It uses the ECTS documents, the Student's application form, the Learning agreement document and the Transcript of records ensuring academic recognition. The students participating in the Erasmus+ Programme receive full credit for all academic work successfully carried out at any of the ECTS partner institutions and they will be able to transfer these academic credits from one participating institution to another on the basis of prior agreement on the content of study programs abroad between students and the institutions involved. When students have successfully completed the study program previously agreed between the home and the host institutions and return to the home institution, credit transfer take place, and students continue their studies at the home institution without any loss of time or credit. The Department of Economics has 59 active bilateral agreements with European Universities within the framework of the Erasmus+ mobility program, and constantly expanding them in order to further enhance its international position and visibility. Further information can be found here More than 50 students of our Department participate annually in the program and have attended courses in our partner institutions, while approximately 70 international students are welcomed annually to our Department and attend courses for one semester or for a full academic year. Academic Coordinator for 2024-2025: Assistant Professor Petros Varthalitis Testimonials
Karagiannidi Alexandra, University of Barcelona, Spain (fall semester 2024-25) |
The people you meet from all around the world, the experiences you live together, good and bad, the trips you do with those people and on your own and many more, form the lifetime experience called Erasmus+. Kourkoutas Alkis, University of Maribor, Slovenia (fall semester 2024-25)
Spending a semester in Siena, Italy, as part of the Erasmus+ program was an unforgettable experience. Siena is a breathtakingly beautiful medieval city, full of history, art, and culture. Every day felt like stepping into a postcard, with its cobbled streets, stunning piazzas, and the iconic Piazza del Campo. Erasmus was more than just studying abroad—it was a life-changing experience that helped me grow personally and academically. I encourage every student to take this opportunity and embark on their own Erasmus adventure! Tzimourtas Filippos Alexandros, University of Siena, Italy, (fall semester 2024-25)
Pappou Vasiliki, KU Leuven, Belgium, (fall semester 2024-25) |
Postgraduate Studies | |||||||||||||||||||||||||||||||||||||||||||
The Department of Economics of the Athens University of Economics & Business (AUEB) pioneered in organising postgraduate studies in Economics in Greece since 1978, both at the Master’s and doctoral level. During its long history, the Department has trained highly-qualified economists, many of whom now hold academic and research positions in universities and research institutes or occupy high level managerial positions both in Greece and abroad. The postgraduate programs of the Department are highly regarded and attract a large number of quality candidates every year. The Department offers full- time and part-time programs:
The flagship PhD program of the Department aims to prepare candidates wishing to pursue an academic or research-oriented career in the public and business sector. Our Department is a pioneer in organizing doctoral studies in Economics in Greece. Graduates of the Program are currently serving as faculty members at universities in Greece and abroad, and are employed at research institutes such as the Centre of Planning and Economic Research (KEPE), at the Hellenic Statistical Authority (ELSTAT), Bank of Greece, and Ministries as senior executives, in private banks and other public and private organizations.
Τhe MSc in Economics program of AUEB received Accreditation from the Hellenic Authority of Higher Education (HAHE) with the highest score of 10/10! Based on the Report of the External Evaluation & Accreditation Committee, the MSc in Economics fully complies (10/10) with the principles of the HAHE Quality Standard for the Certification of Postgraduate Programs and the Principles and Guidelines for Quality Assurance in the European Area of Higher Education (ESG), for study level 7 of the National and European Qualifications Framework. The validity period of the certification is five years, from 20.12.2023 to 19.12.2028. The Graduate Programs (Masters Programs) of the Athens University of Economics and Business (OPA) hold top positions at the international level, according to the reputable international assessment body "Eduniversal Best Masters Rankings" for 2024. The said body ranked a total of 5,820 Graduate Programs from 153 countries worldwide for 2024. The evaluation criteria of the "Eduniversal Best Masters Rankings 2024" include: a) the reputation of the programs, through the perspective of companies hiring personnel, b) the salary of the first employment after graduation, and c) the satisfaction of recent graduates, through satisfaction research conducted by Eduniversal. The ranking of the MSc in Economics Program by scientific field - at the global level and at the level of Western Europe is presented in the following icon: For more information: Eduniversal Masters Ranking 2024
The PhD candidates of the department of Economics can be found here. |
On the 9th and 16th of December 2024 the MSc in Business Economics with Analytics hosted a series of lectures exploring the EIB Group’s role in financing innovative, sustainable projects that promote economic growth, job creation, and environmental sustainability in Greece, Europe and beyond. This special initiative bridges the academic and professional worlds, offering our graduate students a unique opportunity to gain valuable insights into EIB Group’s economic impact and political role, project financing and climate agenda from distinguished experts in the field. For more information here
Athens University of Economics and Business at Top 10 Finalists of the Econometric Game 2025 Econometric Game at the University of Amsterdam is established as the World Championship in Econometrics. The team representing Athens University of Economics and Business at the 26th Edition of the Econometric Game at the University of Amsterdam advanced to the Top 10 Finalists. Our very own Ilias Stavrianopoulos (PhD candidate in Economics, MSc in Business Economics with Analytics – Series 2023-2024), George Malanos (PhD candidate in Economics, MSc in Applied Economics and Finance – Series 2021-2022), and teammates Lampis Tzai (PhD candidate in Statistics, AUEB & University of Lausanne) and Ioannis Stylidis (MSc in Statistics, AUEB) tackled a real-world challenge: Forecasting and classifying grid congestion events in Germany and proposing targeted, data-driven energy policy solutions. Their approach?
They stood out among 31 top-tier universities including Harvard, Oxford, Cambridge, NUS, SNU, Sciences Po, UVA, Carlos III, Erasmus, Copenhagen, Stockholm, Maastricht. We’re proud to see our alumni applying cutting-edge analytics to global challenges and showcasing the excellence of our program on the world stage. Congratulations George Malanos, Ilias Stavrianopoulos, Lampis Tzai and Ioannis Stylidis for this worldclass distinction. We wish you continued success in all your future endeavors
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In Memoriam | |
![]() The Department of Economics mourns the loss of Emeritus Professor Nikolaos Baltas, a distinguished scholar, esteemed colleague, and dedicated member of the Athens University of Economics and Business. Professor Baltas served the Department with integrity and devotion from 1985 until his passing. He studied at the Athens University of Economics and Business and earned his Ph.D. in Economics from the University of Birmingham. His academic work focused on Microeconomics, Agricultural Economics, and European Economic Integration. He held the Jean Monnet Chair in EU Institutions and Economic Policy and served as Chair of the Department, as well as a member of numerous national and international scientific committees and advisory bodies. Throughout his career, Professor Baltas made substantial contributions to research, teaching, and academic administration. His publications, participation in international conferences, and involvement in public policy made him a respected figure within both the Greek and European academic communities. Beyond his academic achievements, he will be remembered for his kindness, humility, and the support he offered to students and colleagues alike. We extend our heartfelt condolences to his family and loved ones. by Assistant Professor Vassilis Sarantides |
![]() Sotiris got his first degree in 2005, in turn did an MSc at the London School of Economics, and got his PhD from our Department just a couple of years ago. His doctoral thesis, which was on fiscal and monetary policies in general equilibrium models, was of a very high standard and he managed to complete it despite his demanding job at the Bank of Greece at the same time. In addition to his academic and professional achievements, Sotiris was an excellent young person. Very kind, generous and always with a smile. Our deepest condolences to his family. Rest in peace, dear Sotiri. You will be in our hearts forever./p> by Emeritus Professor Apostolos Philippopoulos |
Selected News and Announcemnts | |||||
The University awarded the title of Emeritus Professor to Professors Konstantine Gatsios and Tryphon Kollintzas for their service in teaching, research and administration in the Department of Economics. Herebelow there is a brief curriculum vitae of the new Emeriti Professors. Professor Emeritus Konstantine Gatsios has been a distinguished member of the Department of Economics at the Athens University of Economics and Business (AUEB) since 1993, first as an Assistant Professor, then as Associate Professor (1996) and, from 2002 onward, as Full Professor. His academic journey began at the National and Kapodistrian University of Athens (B.Sc. in Economics, 1981), and then at the University of Cambridge, where he obtained an M.Phil. in Economics (1984) and a Ph.D. in Economics (1987). Subsequently, he served as Lecturer, Director of Studies in Economics, and Fellow at Fitzwilliam College (1987–1992), while also working as a Research Officer at the Department of Applied Economics. From 2011 to 2015 he served as Rector of AUEB, leading the University through a period of considerable academic and institutional growth. During his Rectorship, among other accomplishments, the University extended its building facilities with a new construction of 5,000 m2 (2015) at Troias Str. in Kypseli and strengthened its ties with the Greek business community as well as the international academic community. It also went through a process of rebranding and repositioning (2014), critical aspects of which included the updating of the University’s emblem/logo and the launching of the University’s journal, ΟΠΑ News. From 2015 to 2022 Professor Gatsios served as a member of the International Board of the Vienna University of Economics and Business (WU). During his academic career, Professor Gatsios served as a Research Fellow at the Centre for Economic Policy Research (CEPR) in London for over two decades, as member of the Royal Economic Society, as an advisor at the EU (PHARE Programme) and the UN (UNIDO), and as Associate Editor of the European Journal of Political Economy (1994-1999). He has also been actively involved in numerous European research initiatives and international academic conferences. Professor Gatsios has made significant contributions to teaching, offering lectures in Microeconomic Theory, Game Theory, Industrial Organization, and International Trade at both undergraduate and graduate levels, at AUEB and the University of Cambridge. His research focuses on International Trade Theory and Policy, Industrial Organization, Mathematical Economics, and Game Theory. He has published extensively in top-tier international academic journals. Among his most influential scholarly works are: – “The Welfare Effects of Incomplete Harmonisation of Trade and Industrial Policy” (Economic Journal, 1992), Professor Gatsios has also been and continues to be very active into studying and researching on Greek economic and social issues, by publishing books, participating in conferences and contributing with articles published in newspapers and non-academic journals. Beyond his research and teaching, Professor Gatsios has left a strong legacy of leadership and service within the University. In addition to his term as Rector, he held various key administrative positions, such as Director of Graduate Studies, Vice-Chair of the Department, and Senate representative. Professor Gatsios’s contributions to economics, higher education, and University governance have been profound and enduring. The AUEB academic community extends its deepest appreciation for his service and wishes him continued success in all future endeavors. Professor Kollintzas is internationally recognized for his contributions to Dynamic Macroeconomics — including Economic Growth, Business Cycles, and Public Economics. His academic path includes appointments at prestigious institutions such as the University of Pittsburgh, McGill University, the London School of Economics, Northwestern University, and the European University Institute in Florence. He also held visiting researcher roles at the Federal Reserve Bank of Minneapolis and CERGE-EI in Prague. His research has been published in some of the most prestigious academic journals, including: – “Public Goods, Merit Goods, and the Relation Between Private and Government Consumption” (European Economic Review, 2004), – “On the Many Kinds of Growth: A Note” (International Economic Review, 1996), – “Recursive Factor of Production Interrelations and Endogenous Cycling” (International Economic Review, 1991), – “The Symmetric Linear Rational Expectations Model” (Econometrica, 1985), – “Import Demand with Rational Expectations: Estimates for Bauxite, Cocoa, Coffee and Petroleum” (Review of Economics and Statistics, 1984). Beyond academia, Professor Kollintzas played a vital role in public policy and economic governance in Greece. He served as President and CEO of Attica Bank and as Director General of the Foundation for Economic and Industrial Research (IOBE) and the Centre for Planning and Economic Research (KEPE). He also served on the Council of Economic Advisors for both the Greek government and the President of the European Commission. He actively shaped economic dialogue in Southern Europe, serving as President of ASSET and leading numerous national and European research initiatives on macroeconomic institutions, public finance, and political economy, such as CEPR and ADEMU. He has held editorial roles with the Journal of Economic Dynamics and Control, Economic Policy, and several economic policy publications. Professor Kollintzas’s impact goes well beyond his academic publications. Through his teaching, mentorship, and active engagement in public debate, he has shaped the thinking of countless students and colleagues. His presence has been a source of inspiration in both the university and the broader economics community. We thank him warmly for his many contributions and wish him all the best in the next chapter of his journey.
For the sixth consecutive year, on March 05, 2025, the Awards Ceremony for Outstanding Teaching Performance for the academic year 2023-2024 took place in the Ceremony Hall 'Eleftherios Venizelos' of the Athens University of Economics and Business. Assistant Professor Fabio Antoniou received the Outstanding Teaching Performance Award of the Department of Economics for the undergraduate course "Industrial Organization" and for the postgraduate course "Industrial Organization and Strategy" of the MSc in Applied Economics and Finance, for the academic year 2023-2024.
![]() Associate Professor Spyros Pagratis received the Outstanding Teaching Performance Award of the MSc in Finance and Banking (full-time) for the course "Corporate Finance", for the academic year 2023-24.
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![]() Associate Professor Fotis Papailias (Kings College London) received the Outstanding Teaching Performance Award of the MSc in Business Economics with Analytics for the course "Data Analytics for Applied Macroeconomics and Finance", for the academic year 2023-24.
Efthymia Kyriakopoulou
Vassilis Sarantides
Elias Tzavalis
Petros Varthalitis
George Alogoskoufis
Fabio Antoniou
Panagiotis Asimakopoulos
George Bitros
Konstantinos Gkravas Newspaper Articles
Financial Times Letters
Efthymia Kyriakopoulou
Petros Varthalitis
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Events and Conferences Highlights | ||||||||
The Department of Economics of the Athens University of Economics and Business (AUEB) in collaboration with the Bank of Greece organized the Summer Workshop on “Macroeconomic challenges and the role of policy: Dynamic general equilibrium models”, June 2-6, 2025. Aim: The workshop aimed at economists who work at Central Banks, Ministries of Finance, Economic Councils, or other policy institutions. It also aimed at advanced PhD students and post-doc researchers who work on macroeconomics. It covered some of the key macroeconomic challenges in the current circumstances, and this has been done by using well-established micro-founded dynamic general equilibrium models supplemented by numerical solutions using the Matlab and Dynare toolboxes. The key idea was to start with the well-known neoclassical growth model and then added step-by-step some real-world challenges and policies within a unified general equilibrium setting. Topics: - Introduction: Macroeconomic challenges, policy and D(S)GE models as a tool of analysis. - Growth, fiscal policy, fiscal sustainability, multipliers. - Frictions and the nexus between fiscal and monetary policies. - Frictions and the nexus between fiscal and monetary policies in the euro area. - Climate change and the nexus between fiscal and monetary policies. Location: The workshop took place in the main building of the Bank of Greece, which is located at the center of Athens, Greece. Timetable: The workshop started on Monday, June 2, and completed on Friday, June 6. There was a three-hour lecture in the morning of each teaching day, followed by a short lunch break and a two-hour application or an extra lecture or a seminar in the afternoon. Instructors: Most lectures were given by Apostolis Philippopoulos (AUEB), while specific topics and computational sessions were taught by Vassiliki Dimakopoulou (National University of Athens), George Economides (AUEB) and Dimitris Papageorgiou (Bank of Greece). Additionally, distinguished invited speakers (TBA) contributed to the afternoon sessions with lectures or seminars. Prof. Evi Pappa (Universidad Carlos III de Madrid) was joining us as a speaker and presented on the topic, “DSGE Models as a Tool for Modelling and Assessing Green Transition”. For more information click here
As part of the new seminar series titled "Modern Methods in Economic Science with Applications in Business, the Laboratory of Economic Policy Studies (EMOP) of the Department of Economics at the Athens University of Economics and Business organized an event that took place on November 1, 2024, in collaboration with the University of Durham, UK, and the Durham Research in Economic Analysis and Mechanisms (DREAM Research Centre), titled: Prediction Markets: Crowdsourcing Forecasts for Firms Speaker: Professor Spyros Galanis, Director of the DREAM Research Centre, University of Durham Presenter: Associate Professor Evangelos Dιoikitopoulos, Director of the Laboratory of Economic Policy Studies (EMOP) of the Department of Economics at the Athens University of Economics and Business Experiment in Prediction Markets As part of the research project "Experiment in Prediction Markets" implemented by the Economic Policy Studies Laboratory (EPoS) of the Athens University of Economics and Business in collaboration with the University of Durham, a research game focusing on prediction markets was held on December 2, 2024. Part of the experiment took place in person at the Central Building of AUEB, while its progress continued electronically. The experiment was open to the entire AUEB community: students, faculty, administrative staff, and alumni. The scientific directors of the project were: the Director of Laborotary of Economic Policy Studies, Associate Professor Evangelos Dioikitopoulos, and the Director of the Durham Research in Economic Analysis and Mechanisms (DREAM Research Centre), Professor Spyros Galanis, from the Department of Economics at the University of Durham. Lecture Series: Science and Society in Dialogue Toward a Sustainable Future The Laboratory of Economic Policy Studies of the Department of Economics at the Athens University of Economics and Business inaugurates a series of public lectures with the aim of enhancing accessibility to scientific knowledge, promoting scientific culture in Greece, and contributing to public discourse. The lecture series features Greek academics who excel at leading universities abroad, and they will present their research to the broader public. The purpose of this initiative is twofold:
In this lecture, an innovative approach was presented to connect green production with global trade and energy transfer. With the help of modern analytical methods, the global electric grid and energy trade were mapped with the aim of quantitatively assessing the impact of renewable energy sources on global prosperity, thereby paving the way for a more sustainable future. The lecture has been uploaded on YouTube
ΕΜΟΠ First Public Lecture Summary by Mega Channel
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For more information click here
The Department of Economics of the Athens University of Economics and Business organized the 3rd Athens Winter Econ Meeting on December 20, 2024 Organizing committee:
Speakers
On the 12th of December 2024, the 1st Student Workshop on Dynamic Macroeconomics was held at the Troias Building. This workshop was entirely co-organized by Erasmus students and undergraduate students from the Department of Economics. The event began with an opening address by Ms. Kleopatra Nteliou from the AUEB Erasmus Office. The program featured three invited talks:
Erasmus and AUEB students presented their research on topics including business and monetary cycles, fiscal sustainability, minimum wage policies, monetary and exchange rate policy in the Swiss economy, and the role of institutions in economic development. The organizing committee, composed of Balatsouras Ilias, Chairopoulou Alexandra, Grammenidis Evaggelos, Papangeli Maria, and Rousalis Stylianos, collaborated with Erasmus and AUEB students. This workshop was the outcome of the courses Public Economics, Monetary Theory and Policy, and Macroeconomic Theory II taught by Assistant Professor Petros Varthalitis. The presentations and the associated replication files are available here
Fabio Antoniou
Ioannis Kospentaris
Efthymia Kyriakopoulou
Apostolis Philippopoulos
Plutarchos Sakellaris
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Research | ||||||||
George Alogoskoufis
Fabio Antoniou
Stylianos Arvanitis
George Bitros
Κonstantinos Gravas
Ioannis Kospentaris
Efthymia Kyriakopoulou
Apostolis Philippopoulos
Plutarchos Sakellaris
Vassilis Sarantides
Elias Tzavalis
Petros Varthalitis
George Alogoskoufis
George Bitros
Konstantinos Gκravas
Efthymia Kyriakopoulou
Fabio Antoniou
Konstantinos Gravas
Stylianos Arvanitis
Yiannis Dendramis
Ioannis Kospentaris
Efthymia Kyriakopoulou
Lydia Papadaki
Plutarchos Sakellaris
Vassilis Sarantides
Petros Varthalitis
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Panagiotis Asimakopoulos
Ilias Boultzis
Lydia Papadaki
Fabio Antoniou
George Bitros
Ilias Boultzis
Ioannis Dendramis
Konstantinos Gravas
Efthymia Kyriakopoulou
Ioannis Kospentaris
Lydia Papadaki
Apostolis Philippopoulos
Plutarchos Sakellaris
Vassilis Sarantides
Petros Varthalitis
This weekly seminar series is organized jointly by the Department of International and European Economic Studies and the Department of Economics of the Athens University of Economics and Business (AUEB). Seminars are held on Thursdays, 3:30-4:45 pm in room A36, 3rd floor, Antoniadou Building, Patission 76 (unless otherwise noted). The academic year 2024-2025 our series hosted 35 speakers. Papers and Research Seminars Announcements are posted at Organizers for the Department of Economics: Vangelis Vassilatos, Angelos Alexopoulos,Timos Athanasiou, Ioannis Kospentaris Organizers for the Department of International and European Economic Studies: Spyros Skouras & Nikolaos Topaloglou Administration support: Zervopoulou Fani (fani.zervopoulou@aueb.gr)
Working Papers are posted at |
Editor: Evangelos Vassilatos |