Title: The impact of the 2008 financial crisis on the Greek banking system

Authors: Iraklis Apergis; Sofia Eleftheriou

Addresses: Business School, University of Kent, Canterbury CT2 7NZ, UK ' Open University of Cyprus, Latsia 2220, Cyprus

Abstract: The goal of this paper is to explore the roles of both the 2008 financial crisis and the Greek sovereign crisis in the Greek banking system and more specifically, the effect on its operating expenses and non-performing loans (NPLs). Through the methodology of panel data across all Greek banks, spanning the period 1984-2015, the results document the actual determinants that drive the banking system that were responsible for driving the Greek economy into the austerity programs.

Keywords: Greek banking system; 2008 financial crisis.

DOI: 10.1504/IJEBR.2019.098879

International Journal of Economics and Business Research, 2019 Vol.17 No.3, pp.333 - 341

Received: 23 Feb 2018
Accepted: 21 Mar 2018
Published online: 09 Apr 2019 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article