Chartered accountant

Folli Follie losses down, debt still high

Jewelry and fashion accessories company Folli Follie sustained losses of 121 million euros during 2019, or 44% less than in 2018, according to results as yet uncertified by chartered accountants.

Operational losses also declined, to about €74 million in 2019 from €156.2 million in 2018, despite turnover shrinking to €203 million from €297 million.

New growth bill submitted for public consultation

A new government bill for growth submitted for public debate on Wednesday evening aims for greater flexibility in strategic investments by way of fast-track licensing and introduces other sweeping interventions which give rise to positive prerequisites for attracting new investments and creating jobs, according to government sources which commented on the legislation.

Iohannis: Romania, one of the largest economic growth in the EU, yet imbalances are widening

Romania currently has some of the highest rates of economic growth at European level, but it is also witnessing a widening of imbalances in terms of macroeconomic sustainability, according to a message by President Klaus Iohannis to the opening of a convention of the Congress of the Body Romania's Expert Accountants and Chartered Accountants (CECCAR) in the context of the 100th annivers

Mareva Grabowski-Mitsotaki responds after name appears in Paradise Papers

Mareva Grabowski Mitsotaki, the spouse of conservative New Democracy leader Kyriakos Mitsotakis, has issued a statement after her name appeared in a list of 130 Greeks on the so-called Paradise Papers. 

In the list, Mitsotaki appears to be the manager of a mutual fund based in the Cayman Islands.