Greek carrier Aegean Airlines profitable as sales jump in Q2

An Aegean Airlines Airbus A320neo is docked at a plane jetway of the Eleftherios Venizelos International Airport, in Athens, Greece, May 11, 2020. REUTERS/Alkis Konstantinidis Register now for FREE unlimited access to Reuters.com Register ATHENS, Sept 15 (Reuters) – Aegean Airlines (AGNr.AT), Greece’s largest carrier, returned to profit in the second quarter after losses in … Read more

EU countries, UK handed out 228 billion euros to COVID-hit companies in 2020

Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Sept 8 (Reuters) – EU countries and Britain granted 227.97 billion euros ($228 billion) in state aid in 2020 to support companies hit by the COVID-19 pandemic, with Poland and Greece topping the list, the European Commission said on Thursday . The Commission, which acts … Read more

UBS ups Greek economy’s 2022 growth forecast on tourism tailwind

People walk in Syntagma square, in Athens, Greece April 20, 2022. REUTERS/Costas Baltas Register now for FREE unlimited access to Reuters.com Register ATHENS, Aug 24 (Reuters) – Greece’s economy could grow by 5.7% this year from 4.0% previously forecast as the country benefits from a strong rebound in tourism, UBS said in a research report … Read more

Analysis: World’s biggest bond markets back in vogue as recession fears mount

Global indices are displayed on a screen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 19, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, July 29 (Reuters) – One day you’re out and the next day you’re in: the world’s … Read more

Wildfires: Europe’s latest economic headache

Blazes damage forests and livelihoods across Europe Climate risks could wipe 4 pct off Europe’s GDP by 2030. Europe under pressure to prevent as well as douse fires Summer wildfires just a ‘preview’ of future, expert says. ATHENS, July 22 (Reuters) – When the blaze tore through a forest in Greece last August, swallowing up … Read more

Euro zone business activity contracted in July as price rises bite -PMI

A symphony of light illuminates the south facade of the European Central Bank (ECB) headquarters in Frankfurt, Germany, December 30, 2021. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register LONDON, July 22 (Reuters) – Euro zone business activity unexpectedly contracted this month due to an accelerating downturn in manufacturing and a near-stalling … Read more