Ioannis Palaiokrassas was a Greek businessman, writer, politician and former European Commissioner and cabinet Minister.
Palaiokrassas was born on March 27, 1934 in Athens, to a family that hailed from the island of Andros. He studied at Varvakios and London School of Economics where he obtained his Bachelor's and Master's degrees.
Palaiokrassas wrote many studies on a variety of subjects including the merchant marine, transportation, economic development. He was married with three children and seven grandchildren.