Econostrum | Economic News in the Mediterranean

Society / Institutions - 02/19/2021 Algerian president dissolves parliament and reshuffles government ALGERIA. In a speech to the nation, Abdelmadjid Tebboune took back control after three months in hospital by announcing the dissolution of the National People's Assembly, a government reshuffle and the release of several dozen prisoners of conscience. version française Turkey obtains a new reprieve from the EU and avoids the black list of tax havens 02/18/2021 Mario Draghi goes to Italy's bedside and promises radical remedies 02/17/2021	Industry - 01/08/2021 EU provides €8m to fund 55 European researchers EU. As part of the "Proof of Concept" programme, the European Union is allocating an additional €8.25 million to promote the marketing of research results, particularly in the health and social fields. Sonatrach will invest $40 bn over five years 01/05/2021 Agreement on the European Defence Fund with a budget of nearly €8 billion 12/14/2020	Services - 02/16/2021 The Provence-Alpes-Côte d'Azur Region is (already) preparing for the tourism recovery FRANCE. Jean-Baptiste Lemoyne, Secretary of State for Tourism, recalled the importance of preparing the tourism sector for the rebound as Renaud Muselier, President of the Provence-Alpes-Côte d'Azur Region, unveiled four new support measures for the recovery of tourism. version française World tourism is not expected to regain its cruising altitude before 2023 01/29/2021 Vivendi increases its stake in Prisa 01/25/2021
Environment - 02/12/2021 The Eiffel Essentiel fund raises €300 million to invest in the energy and ecological transition FRANCE. Eiffel Investment Group announces that it has raised €300 million for the first closing of its closed-end growth capital fund Eiffel Essentiel. version française The Rhone-Mediterranean-Corsica Water Agency launches workshops on the environmental challenges of coastal and island areas in the Mediterranean 01/14/2021 French renewable energy producer ZE Energy wins first contract in Italy 01/11/2021	Transport - 02/18/2021 French skies turn scarlet red with the abyssal losses of Air France, ADP and Airbus FRANCE. Air France announces a loss of €7.1 billion in 2020, while ADP loses 60% of its passengers and Airbus revenues decline by 29%. version française CMA CGM obtains management of the future port of Alexandria terminal 01/28/2021 The health crisis in the Maghreb impacts the results of the port of Marseille 01/25/2021	People - 11/09/2020 Resignation of the Turkish Minister of Finance, son-in-law of President Erdogan TURKEY. The day after Recep Tayyip Erdogan sacked the governor of the Turkish Central Bank, Berat Albayrak resigned as Turkish Minister of Treasury and Finance. version française France's Odile Renaud-Basso takes office as President of the EBRD 11/02/2020 Marco Sansavini becomes CEO of Vueling Airlines 09/10/2020