Network outfit IPC has announced a partnership with one of the largest IT and telecommunications companies in Greece and Cyprus, Cosmos Business Systems, to extend IPC’s product suite into the region.
The collaboration is set to capitalise on the upward trajectory of the Greek financial sector. S&P’s recent EMEA Financial Institutions Monitor views the economic risk trend in Greece as positive. The global rating agency expects Greece’s GDP to grow around 2.4 per cent from 2018 to 2021, and that stable economic growth coupled with improving investor confidence in Greece could translate into a more supportive environment for the banking sector.