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...

The Provence-Alpes-Côte d'Azur Region is (already) preparing for the tourism recovery - 02/16/2021

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

WORLD. According to a survey carried out in January 2021 by the World Tourism Organisation (WTO) among professionals, "it will take two and a half to four years for international tourism to return to 2019 levels".

Vivendi increases its stake in Prisa - 01/25/2021

FRANCE / SPAIN. The French company Vivendi becomes owner of 9.9% of Prisa's capital. The Spanish group owns notably El Pais.

Spanish tourism: a catastrophic year in 2020 and a very bad year in 2021 - 01/07/2021

SPAIN. Spain lost nearly 80% of its foreign tourists in 2020.

Emerging Mediterranean reveals five Mediterranean technological nuggets from the Tech for Good - 12/17/2020

MEDITERRANEAN. The Emerging Mediterranean Digital Summit awarded five start-ups developing innovations with a positive impact on society in Morocco, Algeria, Tunisia, Libya and Mauritania.
version française

Covid cuts 64% of Portugal's tourism receipts - 11/17/2020

PORTUGAL. The tourism sector, an essential sector in Portugal, shows a drop in turnover of more than 64%.

European Court of Auditors examines the effectiveness of funds allocated to tourism - 11/05/2020

EU. The European Court of Auditors is launching an audit on EU funds earmarked for public investment in the tourism sector from 2014 to 2020.

Carrefour takes over the highly coveted Bio c'Bon banner - 11/03/2020

FRANCE. The suitors were numerous, but the Commercial Court of Paris finally chose Carrefour as the buyer of the Bio c'Bon brand. version française

Banca Intesa to grant €20m in loans to Serbian companies and municipalities - 10/29/2020

SERBIA. The European Bank for Reconstruction and Development (EBRD) grants a line of credit of up to €20 million to Banca Intesa Beograd to support companies and municipalities facing Covid-19.

Sodexo to eliminate more than 2,000 net positions in France - 10/28/2020

FRANCE. Faced with the Covid-19 crisis, Sodexo announces a plan to safeguard jobs, with more than 2,000 net job losses.

Marseille, a land of conclave for French tourism professionals - 10/26/2020

FRANCE. Twenty-four bosses of French tourism met in Marseilles in conclave to exchange on their vision of the future of the sector strongly disturbed by the Covid-19 crisis.

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

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

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

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

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
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