Econostrum | Economic News in the Mediterranean

Society - 10/22/2020 Spain is the first EU country to exceed one million cases of Covid-19 SPAIN. According to the Spanish Ministry of Health, on Wednesday 21 October 2020, Spain passed the one million mark in terms of the number of people affected by Covid-19, with a total of 1,005,295 cases. Nicosia accuses Ankara of "undermining regional security" 10/22/2020 European Commission launches infringement proceedings against "Golden Passports" granted by Malta and Cyprus 10/21/2020	Industry - 10/21/2020 The French agri-food cooperative group Cooperl threatens to close several factories FRANCE. Sentenced to a €35.5 million fine in the so-called "ham cartel" case, Cooperl claims to be innocent and announces that its payment puts the Breton group virtually in suspension of payments. European Parliament approves €2 million aid to former shipbuilding employees in Galicia 10/20/2020 McPhy raises €180 million to accelerate its development in zero-carbon hydrogen 10/14/2020	Services / Finances - 10/21/2020 Gap plans to close all its shops in Europe EUROPE. The American ready-to-wear brand Gap is to review its entire European business and one of the options includes the closure of all its shops in France, Italy, the UK and Ireland. Alternatif Bank to provide $50 million in loans to Turkish SMEs affected by the pandemic 10/20/2020 Marseille will host Tech Emerging Mediterranean while waiting for the Emerging Valley summit to be held in April 2021 10/20/2020
Environment - 10/12/2020 European Commission proposes €684 million in financial support for the earthquake in Croatia CROATIA. The European Commission is proposing €683.7 million in aid to help Croatia repair the material damage caused by an earthquake in Zagreb at the end of March 2020. version française EU joins forces to better fight forest fires 10/08/2020 EIB supports energy efficiency in Jordanian municipalities 10/07/2020	Transport - 10/20/2020 GSE delivers a 48,200 m² logistics platform in Lombardy ITALY. GSE Italia announces the delivery to Mesero (Lombardy) of a 48,200 m² multifunctional logistics platform built for Fondo CER-L. version française Ryanair to close its Toulouse-Blagnac base and reduce its flights in Spain and Portugal 10/15/2020 Sky Express wants to change era by ordering four A320neo from Airbus 10/15/2020	People - 09/10/2020 Marco Sansavini becomes CEO of Vueling Airlines SPAIN. The airline company Vueling Airlines (IAG Group) announces the appointment of Marco Sansavini, ex-Iberia, as CEO. Version française Valdis Dombrovskis becomes European Commissioner for Trade 09/08/2020 Mustapha Adib appointed Prime Minister in Lebanon 08/31/2020