Ernst & Young

EU directive on whistleblowers crucial for fight against corruption, debate hears

Ljubljana – The implementation of the EU directive on the protection of whistleblowers is extremely important for the fight against corruption, agreed participants of Tuesday’s round table debate on whistleblowers hosted by the British-Slovenian Chamber of Commerce.

Heavy toll for Greek tourism

The Greek economy's great dependence on tourism and the global slump in tourism flows this year was the main reason observers put the country's economic contraction estimates for 2020 at 9-10%, a new report by Ernst & Young Greece notes.

Spain encouraging visitors from abroad starting in July

Spain will be not just welcoming, but encouraging international tourism starting in July, the prime minister said on May 23. 

"Tourists, as of July, Spain will be expecting you," Pedro Sanchez told a weekly televised press conference. "Foreign visitors can now start planning their holidays to Spain."

Seven investors eye ELVO assets

Ernst & Young announced on Friday a tender for the sale of the assets of Hellenic Vehicle Industry (ELVO), in the capacity of special administrator for the troubled state company. Interest needs to be declared by April 2.
Finance Minister Christos Staikouras said on Friday that seven investors have already expressed informal interest.

Mergers, acquisitions volume hit $5B in Turkey

The volume of mergers and acquisitions (M &A) transactions in Turkey, including unclosed ones, reached $5 billion in 2019, said audit and consulting giant Ernst & Young (EY) on Jan. 7.

Last year's volume was down on an annual basis, as high-volume transactions were replaced by medium- and low-volume transactions, said the EY Turkey report.