Eleftherios Venizelos invites to Greece the professor of the University of Lausanne Georges Paillard to whom he assigns the drafting of the founding report of the Higher School of Commerce, following the model of the corresponding School of the University of Lausanne.
Law 2191/18-6-1920 establishes a "Higher School of Commercial Studies" in Athens, based on Paillard’s proposal. The School is under the Ministry of National Economy.
