The banks, even when they have subsidiaries, are tending to manage by way of separate entities more and more. Banks today are exposed to country risk because most of the assets are related to the country. This means that, if you have a shock in the country, the banking system is not diversified enough.
Within the Climate Change Impact Study Committee, environmental and energy economists, working with climatologists, physicists, biologists, engineers and social scientists, study the issue of climate change, analyse the economic, social and environmental consequences for Greece, and advise on the way forward. The studies highlight the wealth of Greece’s natural resources, but also the risks to the country’s natural and human environment.