Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
According to various publications, the banking group Eurobank has announced a plan for voluntary redundancies. Applications start from 7 September 2020 and finish on October 2, The bank's latest plan gives four options for one-off benefits or part-payment of salary for departing workers over a period of 2 or 5 years. The plan provides for the compensation of up to 150,000 euro. It targets the exit of 500 employees aged 40-50 years.
Eurofound (2020), Eurobank , Internal restructuring in Greece, factsheet number 101649, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101649.