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Tags (158) : Covid-19

French farms, fish farms and Air France employees to receive €420m in aid

French farms, fish farms and Air France employees to receive €420m in aid
05/12/2022 | Society / Institutions
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.
Air France, Covid-19, European Commission, European Council, European Globalisation Adjustment Fund, European Parliament, fish farms, Ile-de-France, Paris, Russia, state aid, subsidies, temporary crisis framework, Ukraine

Air Algerie authorized to buy fifteen new aircraft to expand its range

Air Algerie authorized to buy fifteen new aircraft to expand its range
05/10/2022 | Transport
ALGERIA. The Algerian government is going to reinforce the international summer programme of Air Algerie and authorises the national company to acquire fifteen new aircraft.
Abdelmadjid Tebboune, Africa, Air Algeria, Air France, Airbus, Aissa Bekkai, Algeria, Asia, ASL Airlines, Beijing, British Airways, Covid-19, Dubai, European Union, France, Iberia, ITA Airways, Montreal, Tassili Airlines, Tawfik Khedim, Transavia, Transport, United Kingdom, Volotea, Vueling

Five Mediterranean countries in the top 20 of world military spending

Five Mediterranean countries in the top 20 of world military spending
05/03/2022 | Society / Institutions
MEDITERRANEAN. World military spending has reached $2.1 trillion in 2021, an all-time record to which Mediterranean countries have contributed $150 billion.
arms, China, Covid-19, Diego Lopes da Silva, Europe, France, Germany, India, Israel, Italy, Mediterranean, Middle East, North Africa, Russia, SIPRI, Spain, Stockholm International peace research institute, Turkey, United Kingdom, United States

The IMF revises downwards the prospects of the euro zone

The IMF revises downwards the prospects of the euro zone
04/21/2022 | Society / Institutions
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.
Bretton Woods, Covid-19, euro area, European Union, France, Germany, growth, International Monetary Fund, Italy, Pierre-Olivier Gourinchas, Russia, Ukraine

The European Commission pays €21 billion to Italy

The European Commission pays €21 billion to Italy
04/14/2022 | Society / Institutions
ITALY. The European Commission has made a first payment of €21bn to Italy under the Recovery and Resilience Facility of the NextGenerationEU programme.
Council of the European Union, Covid-19, Economic and Financial Committee of the European Council, European Commission, European common debt, European Union, FRR, Italy, Member State, NextGenerationEU, Recovery and Resilience Facility, Recovery and Resilience Plan, Rome

Cepasco launches an olfactory rehabilitation kit using spices

Cepasco launches an olfactory rehabilitation kit using spices
03/28/2022 | Industry
FRANCE. A company created half a century ago in Algeria, the Provençal Cepasco has kept its Mediterranean DNA right up to its supplies and its market share in ethnic grocery shops.
Algeria, Algiers, Antoine Espig, APHM, Assistance publique des hôpitaux de Marseille, Belgium, Bertrand Cosse, BNP Paribas Développement, Cepasco, Chinese New Year, Covid-19, Delphine Grégoire, Dulfrance, Egypt, Emmanuelle Albert, Epicé Tout! Spain, Espig, Evoco, Flavori, France, Gémenos, halal, Hôpital de la Conception, Justin Michel, kosher, La Planète des Epices, Lille, Lézennes, Maison Espig, Marseille, Mediterranean, Morocco, pandemic, Pessa'h, Ramadan, Soizic Chauvel, spices, Spigol, Switzerland, Turkey

Egypt seeks further IMF support to underpin its comprehensive economic programme

Egypt seeks further IMF support to underpin its comprehensive economic programme
03/24/2022 | Society / Institutions
EGYPT. Faced with the development of the war in Ukraine and its consequences on their country, the Egyptian authorities are launching a comprehensive economic programme and requesting new financial assistance from the International Monetary Fund.
Argentina, Bretton-Woods, Cairo, Covid-19, Céline Allard, EFF, Egypt, Egyptian economy, Egyptian pound, Extended Fund Facility, fast-track financing instrument, grain, IFR, IMF, inflation, International Monetary Fund, Mena, Middle East North Africa, Russia, SBA, tourism, Ukraine

Tunisia achieved an economic growth of 3.1% in 2021

Tunisia achieved an economic growth of 3.1% in 2021
03/17/2022 | Society / Institutions
TUNISIA. According to the Tunisian National Institute of Statistics, after a GDP in decline of 8,7% in 2020, the Tunisian economic growth recorded an increase of 3,1% in 2021.
Covid-19, IMF, INS, International Monetary Fund, Tunisia, Tunisia GDP, Tunisian economy, Tunisian National Institute of Statistics, WB, World Bank

French regional airports more resilient in 2021 than Parisian tarmacs

French regional airports more resilient in 2021 than Parisian tarmacs
03/15/2022 | Transport
FRANCE. Due to Covid-19, the 2021 traffic of French airports is up 29.5% compared to 2020, but down 57.7% compared to 2019 according to figures published by the Union of French Airports and Associated Francophones (UAF & FA).
ACI Europe, air traffic, airlines, airports, Beauvais, Béziers, Carcassonne, Covid-19, France, French airports, low cost, Lyon-Saint Exupéry, Marseille Provence, Nice Côte d'Azur, Orly, Paris, Paris Charles-de-Gaulle, Toulouse-Blagnac, transport, UAF & FA, Union des aéroports français

Italian passenger rail operators to receive €687m in aid

Italian passenger rail operators to receive €687m in aid
03/03/2022 | Transport
ITALY. The European Commission authorises the Italian aid scheme to compensate commercial rail passenger transport operators for the damage caused by the Covid-19 pandemic.
compensation, Covid-19, European Commission, Italy, pandemic, rail transport, transport

CMI and Femise identify post-covid opportunities in five Mediterranean countries

CMI and Femise identify post-covid opportunities in five Mediterranean countries
03/03/2022 | Society / Institutions
MEDITERRANEAN. The Centre for Mediterranean Integration and Femise explore in a report the opportunities to be seized, after the health, social and economic crisis of Covid-19, to foster growth and deepen regional cooperation in the Mediterranean region.
Aix-Marseille School of Economics, Aix-Marseille University, Algeria, AMSE, AMU, Asia, Blanca Moreno-Dodson, Bruno Ventelou, Cairo, Centre for Mediterranean Integration, China, CIHEAM, CMI, Constantin Tsakas, Covid-19, Economic Research Forum, Economy, Egypt, Enhancing Mediterranean Integration, ERF, EU, Euro-Mediterranean Forum of Economic Sciences Institutes, Europe, European Union, Femise, food security, health, informal economy, integration, Jordan, Maryse Louis, Mediterranean, Mena, Michael Grasiorek, Middle East North Africa, Morocco, near-shoring, OECD, Patricia Augier, Pierre Blanc, Post Covid-19: opportunities for growth, Post Covid-19: Opportunities for growth, regional value chains and Mediterranean integration, Sami Mouley, Trading Together, Tunisia, UN, Unops, value chains, World Bank

SNCF divorces Renfe over fast lines between France and Spain

SNCF divorces Renfe over fast lines between France and Spain
02/17/2022 | Transport
FRANCE / SPAIN. The SNCF has unilaterally decided to break off its agreement with its Spanish colleague Renfe for the joint service of fast trains between France and Spain.
Artesia, Barcelona, Basque Country, Covid-19, Elipsos, Florence, France, Gare de Bercy, Grand Est, Hauts de France, London, Lyon, Madrid, Manuel Leza, Manzoni, Marseille, Milan, Ouigo, Palatino, Paris, Renfe, Rome, SNCF, Spain, Stendhal, TER, Toulouse, train, transport, Trenitalia, Turin, Venice

European Commission releases €18m in humanitarian aid to North Africa

European Commission releases €18m in humanitarian aid to North Africa
02/17/2022 | Society / Institutions
ALGERIA / EGYPT / LIBYA. The European Commission will have a budget of €18 million in 2022 to help the most vulnerable people in North Africa due to conflicts.
Algeria, Aousserd, Boujdour, conflicts, Covid-19, Dakhla, Egypt, Eritrea, European Commission, European Union, health, High Commissioner for Refugees, humanitarian aid, Janez Lenarčič, Laayoune, Libya, north Africa, Smara, South Sudan, Strasbourg, Sudan, UNHCR, Western Sahara, WFP, World Food Programme

TRIGGER measures perception of EU actions in Africa

TRIGGER measures perception of EU actions in Africa
02/15/2022 | Development models in Mediterranean
During a webinar organised by the Euro-Mediterranean Economists’ Association, several experts questioned whether the EU remained a relevant contributor to supporting development policy on the continent. Version française
Africa, Andrea Renda, Belgium, Brussels, Centre for European Policy, CEPS, Covid-19, Domenico Rosa, Emanes, Emea, EU, EU-African Union summit, Euro-Mediterranean Economists’ Association, Euro-Mediterranean Network of Economic Studies, Europe, European Commission, European Union, GRID, Harriet Sena Siaw-Boateng, Luxembourg, Moubarak Lô, North Africa, Rym Ayadi, Senegal, Trends in global governance and Europe's role, Trigger

Post-Covid recovery at heart of EMNES AGM

Post-Covid recovery at heart of EMNES AGM
02/08/2022 | Development models in Mediterranean
The Euro-Mediterranean Network for Economic Studies has held its latest annual conference on the theme of post-pandemic recovery. The association will be extending its network to Africa in 2022, with a number of multidisciplinary studies in the pipeline. Version française
Centre for european policy studies, CEPS, Cinzia Alcidi, Covid-19, Emanes, EMEA, EMnes, Euro-mediterranean economists' association, euro-mediterranean network for economic studies, euro-méditerranean and african network for economic studies, Hala el Said, NAEC, New approches to economic challenges, OECD, Pillars for Inclusive, Rym Ayadi, Sara Ronco, Sustainable and Resilient Growth and Innovative Socio-Economic Models Post Covid-19 Pandemic in the Mediterranean and Africa, William Hynes

Cruises return to Tunisia after a two-year hiatus

Cruises return to Tunisia after a two-year hiatus
02/01/2022 | Transport
TUNISIA. The Tunisian Ministry of Tourism and Handicrafts has unveiled the return of cruises to the port of La Goulette, near Tunis, in March 2022.
Aida Bella, Aida Cruises, Amera, Costa Croisières, Covid-19, cruisers, cruises, Eurodam, Europa, Goulette Shipping Cruise, Hapag-Lloyd Cruises, Holland America Line, la Goulette, Mohamed Moez Belhassine, MSC, MSC Opera, Phoenix Reisen, Pierfranco Vago, Prado Museum, tourism, Tunisia, Zarzis

Morocco to reopen its airspace

Morocco to reopen its airspace
01/31/2022 | Transport
MOROCCO. After two months of closure to limit the arrival of the Omicron variant of Covid-19, Morocco has decided to reopen its airspace to flights departing from and arriving in the country as of Monday 7 February 2022.
Covid-19, Moroccans living abroad, Morocco, MRE, Omicron, tourism, transport

The World Bank prescribes to Tunisia an improvement of the business climate

The World Bank prescribes to Tunisia an improvement of the business climate
01/25/2022 | Society / Institutions
TUNISIA. In an economic bulletin on Tunisia, entitled "Economic reforms to emerge from the crisis", the World Bank calls for the "implementation of decisive structural reforms" and the "improvement of the business climate".
Alexandre Arrobbio, business climate, Covid-19, economic recovery in Tunisia, economic reforms to overcome the crisis, tourism, Tunisia, unemployment, World Bank

Corruption still reigns in the Mediterranean, says Transparency International

Corruption still reigns in the Mediterranean, says Transparency International
01/25/2022 | Society / Institutions
MEDITERRANEAN. In its annual survey on the perception of corruption in the world, the NGO Transparency International finds that all regions of the world, including much of the Mediterranean, are at a standstill when it comes to fighting public sector corruption.
Balkans, Chawki Tabib, corruption, corruption perception index, Covid-19, Daniel Eriksson, Denmark, Dimitar Kovacevski, Egypt, Finland, France, ICC, INLUCC, Kaïs Saïed, Lebanon, Libya, MEDITERRANEAN, Mena, Middle East, Najla Bouden, National Anti-Corruption Instance, New Zealand, NGOs, North Africa, Northern Macedonia, Pandora Papers, Riad SalaménMont-Liban, Slovenia, Southern Europe, Sudan, Syria, Transparency International, Tunisia

Green finance accounted for 51% of total EBRD investments in 2021

Green finance accounted for 51% of total EBRD investments in 2021
01/13/2022 | Environment
EU. The European Bank for Reconstruction and Development has invested €10.4bn in 2021, of which a record 51% will go to green economy projects.
Bank for Reconstruction and Development, Climate Summit, Cop26, Covid-19, decarbonisation, EBRD, energy, environment, EU, European Union, gender equality, GET, GET 2.1, Glasgow, Green Cities, green economy, green finance, greening, High Impact Partnership for Climate Action, HIPCA, inclusion, Odile Renaud-Basso, sustainable resources

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About Econostrum.info Econostrum.info is an independent media that deals with the daily economic news of the countries bordering the Mediterranean. Economic cooperation, business news by sector (Industry, Services, Transport, Environment, Society/Institutions), thematic files, airport news, airlines and shipping companies (new destinations)... are treated and analysed by a team of journalists present in the Mediterranean basin.
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