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KBC sells almost the entire portfolio of loans with repayment problems in Ireland. These are loans worth around 1.1 billion euros, the Belgian bank-insurer announced on Monday for the stock exchange. Earlier this year, KBC already had an agreement with the Bank of Ireland to take over its healthy loans in Ireland.

In all European countries, the bike, and in particular the e-bike, is gaining ground. Looking at the share of bicycles with pedal assistance in the total number of bicycles sold, the Netherlands is leading. In numbers, last year we only had to tolerate much larger Germany for us, according to figures from the European trade association Conebi.

New data from the Central Bureau of Statistics (CSO) shows that the turnover of Irish multinationals abroad increased to almost € 256 billion in 2019, with the UK and the US accounting for almost 57 percent of the total.

Ryanair stops flying all the way to and from Northern Ireland. After the airline decided earlier this year to no longer fly to Derry, flights at Belfast City and Belfast International Airport will soon be discontinued.

Today, in Almaty the president of the Kazakhstan Boxing Federation Kenes Rakishev awarded the bronze medallists of the Olympics Saken Bibosynov and Kamshybek Konkabayev with special monetary certificates. The heroes of the games received $50,000 each. Personal trainers of boxers – Myrzagali Aitzhanov and Seitzhan Tokenov were awarded with 10,000 US dollars each from the Federation.

NN Group has reached an agreement with Goldman Sachs on the sale of NN Investment Partners for 1.7 billion euros. This was announced by the insurance group on Thursday.

Industrial production in the euro area fell unexpectedly in June. This was shown on Thursday by Statistics Bureau Eurostat.

In Ireland, fully vaccinated and people who have recently recovered from Covid-19 are allowed to dine indoors again at the hospitality industry starting Monday. Guests must present a vaccination passport before they are operated. More than 3000 pubs are expected to open again, many of them for the first time since March 2020.