Onassis Prize in Finance

(GREEK NEWS AGENDA) The recipient of the Onassis Prize in Finance is Professor Eugene Fama from Chicago University’s Graduate School of Business. Professor Fama was honoured for his lifetime contribution to finance academia. In his speech delivered for the occasion at a ceremony held at the Guildhall in the City of London on April 27, Fama referred to the global economic crisis stressing that it has not yet ended and that it is advisable for markets to be left free to adjust, away from government interventionism. The Onassis Prize, sponsored by the Alexander S. Onassis Public Benefit Foundation, is awarded biennially and recognises a lifetime contribution by a leading academic in each of the areas of shipping, trade and finance.  The winner receives prize money of $250,000. Addressing the ceremony which attracted some 700 distinguished guests from across the world, President of the Board of Directors, Anthony S. Papadimitriou stated his enthusiasm for the international recognition for a valuable institution such as the Onassis International Prizes.