Econostrum | Economic News in the Mediterranean



Find the latest news on services in the Mediterranean: media, distribution, information and communication technologies, real estate, tourism, postal services, logistics, auditing, consulting... in Algeria, Spain, France, Italy, Morocco, Tunisia, Portugal, Egypt, Greece, Turkey...

EBRD approves new five-year strategy for Greece - 10/22/2020 - Frédéric Dubessy

GREECE. The Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved on Thursday 22 October 2020 its new strategy for Greece that will guide its investments over the next five years.

Gap plans to close all its shops in Europe - 10/21/2020 - Frédéric Dubessy

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 - Frédéric Dubessy

TURKEY / EU. Thanks to the European Bank for Reconstruction and Development and the International Finance Corporation, Alternatif Bank will be able to lend $50 million to Turkish SMEs. version française

Marseille will host Tech Emerging Mediterranean while waiting for the Emerging Valley summit to be held in April 2021 - 10/20/2020 - Frédéric Dubessy

MEDITERRANEAN. The fourth edition of Emerging Valley is postponed to 7 and 8 April 2021 while a Tech For Good event in the Mediterranean is added to the programme. version française

West Bank businesses benefit from $10 million in loans to better fight against the impact of the coronavirus - 10/16/2020 - Eric Apim

PALESTINE. The European Bank for Reconstruction and Development (EBRD) is lending $10 million to the National Bank (NBT) fund in Palestine. version française

The Barcelona Chamber of Commerce wants to make tourism companies more sustainable - 10/13/2020 - Frédéric Dubessy

SPAIN. Faced with the impact of Covid-19, the Barcelona Chamber of Commerce is going to award €100 K in subsidies to Barcelona tourism companies to help them overcome the crisis. version française

Algeria's Sonatrach and Spain's Naturgy reach agreement on gas prices - 10/09/2020 - Frédéric Dubessy

ALGERIA / SPAIN. An agreement between Sonatrach and Naturgy puts an end to a dispute between Algeria and Spain over the price of gas.

The increase in online shopping will continue post-Covid-19, in particular in Turkey - 10/08/2020 - Frédéric Dubessy

MEDITERRANEAN. A study by the United Nations Conference on Trade and Development (UNCTAD), in collaboration with the Swiss e-commerce association NetComm Switzerland, reveals that "Covid-19 has changed e-commerce forever".

Naturalia is no longer a candidate to take over its competitor Bio c'Bon - 10/07/2020 - Frédéric Dubessy

FRANCE. One week before the examination of the offers by the Commercial Court of Paris, Naturalia withdraws its candidacy to take over the Bio c'Bon brand.

On the run to Turkey, John McAfee arrested in Barcelona - 10/06/2020 - Frédéric Dubessy

SPAIN. John McAfee, creator of the anti-virus that bears his name, was arrested at Barcelona airport as he was preparing to board a flight to Istanbul. version française

Merger of two Italian companies specialising in electronic payments - 10/06/2020 - Frédéric Dubessy

ITALY. The merger of Nexi and Sia will create a European leader in electronic payments valued at €15bn on the stock market. version française

EBRD invests €50m in the first green bond issue of the National Bank of Greece - 10/06/2020 - Frédéric Dubessy

GREECE. The European Bank for Reconstruction and Development will invest €50m in the issuance of senior senior senior green bonds of the National Bank of Greece. version française

EBRD invests $50 million in Egyptian private fund LCP II of Lorax Capital Partners - 10/01/2020 - Frédéric Dubessy

EGYPT / EU. The European Bank for Reconstruction and Development announces that it is investing "up to $50 million" in Lorax Capital Partners' LCP II Fund to support Egyptian SMEs.
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