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NOTES TO THE FINANCIAL STATEMENTS

7. Staff costs



(all amounts in Euro thousands)

Group Company
2016 2015 2016 2015
Wages, salaries and related expenses 249,461 235,263 44,334 41,471
Social security costs 24,080 22,808 8,890 8,519
Fair value of share options granted to directors and employees (note 29) 1,620 1,010 1,376 876
Other post retirement and termination benefits - defined benefit plans (note 4, 6, 25) 5,127 4,779 1,665 1,534
Total staff costs 280,288 263,860 56,265 52,400

Group employees are employed on a full-time basis. The breakdown is as follows:

Group Company
  2016 2015 2016 2015
Greece and Western Europe 1,185 1,176Z 842 829
North America 2,049 1,996 - -
South Eastern Europe 1,282 1,426 - -
Eastern Mediterranean 966 1,056 - -
5,482 5,654 842 829