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Michalis Sallas
Michalis Georgios Sallas (Greek: Μιχάλης Γεωργίος Σάλλας; born 1950) is a Greek businessman, banker and academic, who has been Chairman of Piraeus Bank (today Greece's largest) from 1991, to 2016. The Piraeus Group is the parent company of a large financial organisation in Greece, with important subsidiary companies in Greece and many subsidiary banks abroad. Sallas is regarded as one of the most powerful tycoons in the Greek economy.Marketzone
defunct website; last capture Feb. 8, 2014)


Early life and education

Sallas is a

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Heraklion
Heraklion or Herakleion ( ; , , ), sometimes Iraklion, is the largest city and the administrative capital city, capital of the island of Crete and capital of Heraklion (regional unit), Heraklion regional unit. It is the fourth largest city in Greece with a municipal population of 179,302 (2021) and 211,370 in its wider metropolitan area, according to the 2011 census. The greater area of Heraklion has been continuously inhabited since at least 7000 BCE, making it one of the oldest inhabited regions in Europe. It is also home to the ancient Knossos Palace, a major center of the Minoan civilization dating back to approximately 2000-1350 BCE, often considered Europe's oldest city. The palace is one of the most significant archaeological sites in Greece, second only to the Parthenon in terms of visitor numbers. Heraklion was Europe's fastest growing tourism destination for 2017, according to Euromonitor, with an 11.2% growth in international arrivals. According to the ranking, Herakl ...
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Germany
Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total population of over 84 million in an area of , making it the most populous member state of the European Union. It borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The Capital of Germany, nation's capital and List of cities in Germany by population, most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in the territory of modern Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic peoples, Germanic tribes have inhabited the northern parts of modern Germany since classical ...
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Athens University Of Economics And Business Alumni
Athens ( ) is the capital and largest city of Greece. A significant coastal urban area in the Mediterranean, Athens is also the capital of the Attica region and is the southernmost capital on the European mainland. With its urban area's population numbering over 3.6 million, it is the eighth-largest urban area in the European Union (EU). The Municipality of Athens (also City of Athens), which constitutes a small administrative unit of the entire urban area, had a population of 643,452 (2021) within its official limits, and a land area of . Athens is one of the world's oldest cities, with its recorded history spanning over 3,400 years, and its earliest human presence beginning somewhere between the 11th and 7th millennia BCE. According to Greek mythology the city was named after Athena, the ancient Greek goddess of wisdom, but modern scholars generally agree that the goddess took her name after the city. Classical Athens was one of the most powerful city-states in ancient Gr ...
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Greek Bankers
Greek may refer to: Anything of, from, or related to Greece, a country in Southern Europe: *Greeks, an ethnic group *Greek language, a branch of the Indo-European language family **Proto-Greek language, the assumed last common ancestor of all known varieties of Greek **Mycenaean Greek, most ancient attested form of the language (16th to 11th centuries BC) **Ancient Greek, forms of the language used c. 1000–330 BC **Koine Greek, common form of Greek spoken and written during Classical antiquity **Medieval Greek or Byzantine Language, language used between the Middle Ages and the Ottoman conquest of Constantinople **Modern Greek, varieties spoken in the modern era (from 1453 AD) *Greek alphabet, script used to write the Greek language *Greek Orthodox Church, several Churches of the Eastern Orthodox Church *Ancient Greece, the ancient civilization before the end of Antiquity * Old Greek, the language as spoken from Late Antiquity to around 1500 AD *Greek mythology, a body of myths o ...
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1950 Births
Events January * January 1 – The International Police Association (IPA) – the largest police organization in the world – is formed. * January 5 – 1950 Sverdlovsk plane crash, Sverdlovsk plane crash: ''Aeroflot'' Lisunov Li-2 crashes in a snowstorm. All 19 aboard are killed, including almost the entire national ice hockey team (VVS Moscow) of the Soviet Air Force – 11 players, as well as a team doctor and a masseur. * January 6 – The UK recognizes the People's Republic of China; the Republic of China severs diplomatic relations with Britain in response. * January 7 – A fire in the St Elizabeth's Ward of Mercy Hospital in Davenport, Iowa, United States, kills 41 patients. * January 9 – The Israeli government recognizes the People's Republic of China. * January 12 – Submarine collides with Sweden, Swedish oil tanker ''Divina'' in the Thames Estuary and sinks; 64 die. * January 13 – Finland forms diplomatic relations with the People's Republic of Chin ...
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New Democracy (Greece)
New Democracy ( , ND/ΝΔ) is a liberal-conservative political party in Greece. In contemporary Greek politics, New Democracy has been the main centre-right to right wing political party and one of the two major parties along with its historic rival, the Panhellenic Socialist Movement (PASOK). New Democracy and PASOK were created in the wake of the toppling of the military junta in 1974, ruling Greece in succession for the next four decades. Following the electoral decline of PASOK, New Democracy remained one of the two major parties in Greece, the other being the Coalition of the Radical Left (SYRIZA). The party was founded in 1974 by Konstantinos Karamanlis and in the same year it formed the first cabinet of the Third Hellenic Republic. New Democracy is a member of the European People's Party, the largest European political party since 1999, the Centrist Democrat International, and the International Democracy Union. The support of New Democracy comes from a wide elect ...
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PASOK
The Panhellenic Socialist Movement (, ), known mostly by its acronym PASOK (; , ), is a social democracy, social-democratic List of political parties in Greece, political party in Greece. Until 2012 it was Two-party system, one of the two major parties in the country, along with New Democracy (Greece), New Democracy, its main political rival. After a decade of poor electoral outcomes, PASOK has retained its position as one of the main Greek political parties and is currently the second largest party in the Greek Parliament. Following the Metapolitefsi, collapse of the Greek junta, Greek military dictatorship of 1967–1974, PASOK was founded on 3 September 1974 as a Socialism, socialist party. Formerly the largest left-of-center party in Greece between 1977 and 2012, PASOK lost much of its popular support as a result of the Greek government-debt crisis, Greek debt crisis. PASOK was the ruling party when the economic crisis began, and it negotiated the First Economic Adjustment P ...
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Andreas Papandreou
Andreas Georgiou Papandreou (, ; 5 February 1919 – 23 June 1996) was a Greek academic and economist who founded the Panhellenic Socialist Movement (PASOK) and served three terms as Prime minister of Greece, prime minister of Third Hellenic Republic, Greece. Papandreou was born in 1919, the son of Georgios Papandreou. In 1938, in his early 20s, Papandreou left Greece for United States to escape the 4th of August Regime, Metaxas' dictatorship (1936–1941) and became a prominent academic. Papandreou returned to Greece in 1959 after years of resisting his father's entreaties. His father, Georgios Papandreou, who was now Prime Minister of Greece, wanted him to return so that he could prepare him as his successor. However, Papandreou's rapid ascension, together with his uncompromising radical rhetoric only amplified Greece's post-Greek civil war, civil war political instability, which created the conditions for a group of colonels to stage a Coup d'état, coup d'etat and rule Greece ...
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Panteion University
The Panteion University of Social and Political Sciences (PUSPS; , ΠΠΚΠΕ), usually referred to simply as the Panteion University (Πάντειο Πανεπιστήμιο), is a university located in Athens, Greece. Founded in 1927, it is the oldest university of social and political sciences in Greece."''Panteion University is a very strong academic institution in teaching and research. The structure of the institution provides a perfect environment for the evolution of in intra-institutional interdisciplinary research and education structures. However, there are still dormant possibilities that have to be exploited, in order to secure the future and the prosperity of the Institution in a rapidly changing world. Too many PhD students and opaque admission standards of PhD studies: The EEC recommends a more vigorous procedure of admission to improve the quality of the PhD studies. Need to increase internal coherence, deployment of realistic and timely strategic plans that will s ...
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Econometrics
Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics", '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8–22 Reprinted in J. Eatwell ''et al.'', eds. (1990). ''Econometrics: The New Palgrave''p. 1 p. 1–34Abstract ( 2008 revision by J. Geweke, J. Horowitz, and H. P. Pesaran). More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships." Jan Tinbergen is one of the two founding fathers of econometrics. The other, Ragnar Frisch, also coined the term in the sense in which it is used today. A basic tool for econometrics is the multiple linear regression model. ''Econome ...
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West Germany
West Germany was the common English name for the Federal Republic of Germany (FRG) from its formation on 23 May 1949 until German reunification, its reunification with East Germany on 3 October 1990. It is sometimes known as the Bonn Republic after its capital city of Bonn, or as the Second German Republic. During the Cold War, the western portion of Germany and the associated territory of West Berlin were parts of the Western Bloc. West Germany was formed as a political entity during the Allied occupation of Germany after World War II, established from 12 States of Germany, states formed in the three Allied zones of occupation held by the United States, the United Kingdom, and France. At the onset of the Cold War, Europe was divided between the Western and Eastern Bloc, Eastern blocs. Germany was divided into the two countries. Initially, West Germany claimed an exclusive mandate for all of Germany, representing itself as the sole democratically reorganised continuation of ...
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Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ...
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