Ernst & Young
Piraeus Bank agrees to sell pool of sour loans to APS
Greece's largest lender Piraeus Bank said on Monday it agreed to sell a pool of unsecured non-performing loans (NPLs) to APS Investments for around 50 million euros, confirming what banking sources told Reuters last month.
Folli Follie says audit will be completed in August
Luxury jewelry maker Folli Follie, whose finances are being investigated by Greek authorities while its shares have been suspended from trading, said late on Monday that a financial audit would be concluded in August.
Probe into Folli Follie will be ready by August 10
Ernst & Young expects its inspection into the finances of troubled jewelry group Folli Follie to be completed by August 10, according to EY Greece Chief Executive Panagiotis Papazoglou.
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Folli Follie acknowledges problems and eyes recovery
The management of the troubled Folli Follie Group has issued a statement indirectly admitting that it is facing problems, while assuring that it continues to meet all its obligations.
Market regulator sues Folli Follie management
The Greek securities regulator said on Tuesday it had filed a lawsuit against the management of luxury jewelry maker Folli Follie.
The Capital Market Commission said it had sued the board members and financial directors of the Folli Follie group and its Asian business, without giving details of the allegations.
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Confirmation of probe into Folli Follie
Representatives of the Folli Follie Group and Ernst & Young will meet again on Friday with the Capital Market Commission to hear the confirmation of the stock market watchdog's demand for an independent probe by E&Y into the blue chip company. The meeting will determine the range and timetable of the inspection.
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You've got to grow to survive, SEV tells SMEs
Productive enlargement is the optimum way for small and medium-sized enterprises to survive and grow, argues the Hellenic Federation of Enterprises (SEV) after assessing their shortfall in competitiveness and international experience.
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A Large Pentagon Agency has Lost Track of Hundreds of Millions of Dollars
One of the Pentagon's largest agencies has lost hundreds of millions of dollars, according to an internal audit released by Politico, FOCUS News Agency reports.
The information was disseminated at a time when US President Donald Trump was preparing to significantly increase the country's military budget.
Turkey’s M&A market totaled $10 billion in 2017: E&Y report
The volume of mergers and acquisitions in Turkey amounted to $10 billion in 2017 with 251 transactions, data from an Ernst & Young report showed on Jan. 16. The report forecasted the M&A market this year would be of a similar size.
Only one in 40 local companies are exporters
Just 2.5 percent of Greek enterprises were involved in exporting activity in 2015, according to the initial findings of an ongoing Ernst & Young survey.
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