Econostrum | Economic News in the Mediterranean
Society / Institutions
Find the socio-political economic events in the Mediterranean: society, politics, elections, international cooperation, environment, audit, conflicts, education, research, training, regional development, social economy ... in Algeria, Spain, France, Italy, Morocco, Tunisia, Portugal, Egypt, Greece, Albania, Croatia, Turkey

French farms, fish farms and Air France employees to receive €420m in aid - 05/12/2022

FRANCE. The European Commission approves €400m of state aid to support French farms and fish farms and proposes to provide €17.7m of support for Air France employees made redundant by the pandemic.

The EBRD forecasts a slowdown in economic growth in the South and East of the Mediterranean - 05/10/2022

MEDITERRANEAN. In its latest regional outlook report, the European Bank for Reconstruction and Development foresees a strong impact of the war in Ukraine in the SEMED region with a slowdown of 2.5% in 2022.

French green hydrogen producer Lhyfe launches IPO - 05/10/2022

FRANCE. Lhyfe announces the launch of its initial public offering on Euronext in Paris through a capital increase with the ambition to raise up to €145.5m.

Inflation at its highest in Turkey for twenty years - 05/05/2022

TURKEY. According to the Turkish Statistical Institute, annual inflation hit 70% in April 2022, the highest level in two decades.

1 million to help young people in the outermost regions of France, Spain and Portugal - 05/05/2022

FRANCE / SPAIN / PORTUGAL. Young people in the nine outermost European regions will be able to propose development projects and have them financed thanks to the launch of a call for proposals by the European Commission.

Southern regions of the EU have the highest unemployment rates - 05/03/2022

EU. The Top 10 regions in the European Union most affected by unemployment include only Italian, Spanish and Greek regions.

Five Mediterranean countries in the top 20 of world military spending - 05/03/2022

MEDITERRANEAN. World military spending has reached $2.1 trillion in 2021, an all-time record to which Mediterranean countries have contributed $150 billion.

Greece pays all its debt to the IMF in advance - 05/03/2022

GREECE. Two years ahead of schedule, Greece is repaying the final €1.85bn of its debt to the International Monetary Fund.

Nanterre court issues international arrest warrant for Carlos Ghosn - 04/26/2022

FRANCE / LEBANON. The Court of Nanterre issues an international arrest warrant against the former president of Renault who has taken refuge in Beirut to escape Japanese justice.

WFA predicts rising inflation rates in Arab countries in 2022 - 04/22/2022

ARAB COUNTRIES. The Arab Monetary Fund predicts rising inflation in the twelve Arab countries, but strong growth driven by oil producing states.

The IMF revises downwards the prospects of the euro zone - 04/21/2022

EU. The war in Ukraine, but also the effects of the Covid-19 which persist, will impact more strongly than expected on the world and European economies according to the International Monetary Fund.

Libyan rivals try to reach agreement on future elections - 04/14/2022

LIBYA. Representatives of the Libyan Parliament and High Council of State begin talks in Cairo to define a solid constitutional basis for holding national elections.

Bosnia-Herzegovina obtains a €20m loan to modernise its telecommunications system - 04/14/2022

BOSNIA AND HERZEGOVINA. The European Bank for Reconstruction and Development is providing a €20m loan to Elektroprenos-Elektroprijenos to support its investments to modernise the telecommunications system in Bosnia-Herzegovina.

The European Commission pays €21 billion to Italy - 04/14/2022

ITALY. The European Commission has made a first payment of €21bn to Italy under the Recovery and Resilience Facility of the NextGenerationEU programme.

The three Maghreb countries are candidates to host the headquarters of the African Medicines Agency - 04/13/2022

AFRICA. With the candidature of Tunisia, it is from now on the three Maghreb countries which want to shelter the permanent seat of the future African Agency of Medicines.
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