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Government contemplates bank privatizations

The possibility for an immediate return of three banks to the private sector is being examined by the government. A bill to be tendered on 20 January will make possible the privatization of Ethniki, Piraeus, and Alpha Bank.

  • Published in Greece

Eurobank Managers Take Pay Cuts

Eurobank's high level management staff, among them the general managers of the management board have agreed to accept a proposal by CEO Hristos Megalou for a decrease of 17% in pay.

  • Published in Economy
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