We would like to inform you that the Board of Directors has decided to reduce the monetary award, from 50.000 to 30.000 euro.

This is due to the unforeseen consequences after the decision of the Eurogroup last year, which we are sure you already know. As a result the Foundation suffered severe losses.

Our decision is to continue the yearly award, but with a reduction of the Prize, as long as it takes. As far as the rest of the Ceremony is concerned, nothing else will change.

We expect your understanding on this decision, which is unfortunately imposed to us and it is beyond our control.