Note 13 - Short-Term Borrowings

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Short-term Debt [Text Block]

13—SHORT

-TERM BORROWINGS

As of

December

31,

2016,

short-term borrowings consist mainly of

€1,629

thousand of account receivables factored and for which the Company is supporting the collection risk. As of

December

31,

2015,

short-term borrowings consist mainly of

€1,814

thousand of account receivables factored and for which the Company is supporting the collection risk and a loan in euro amounting to

€1,000

thousand with the following conditions:

	Amount		Maturation		Interest rate
EDAP-TMS France SAS		1,000		November 19, 2016	Euribor + 0.7%

The loan in euro was repaid before maturity on

May

04,

2016