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...

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

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

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

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

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

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

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

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

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