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The European Commission gives the green light to state aid in the field of hydrogen

The European Commission gives the green light to state aid in the field of hydrogen
09/22/2022 | Industry
EU. The European Commission has approved the public aid proposed jointly by thirteen Member States for the second major project of common European interest concerning hydrogen.
Air Liquide France, Enel Green Power, energy, Engie, EU, European Commission, European Union, France, Greece, Hy2Tech, Hy2Use, hydrogen, industry, Italy, Margrehte Vestager, PIIEC, Portugal, Shell.Ursula von der Leyen, Spain, state aid, Thierry Breton

Lebanon will be able to extract its own natural gas

Lebanon will be able to extract its own natural gas
09/20/2022 | Industry
LEBANON / ISRAEL. Negotiations on maritime boundaries between Lebanon and Israel are expected to end soon with an agreement allowing Beirut to extract natural gas from an offshore field.
Amos Hochstein, Beirut, Cyprus, Elias Bou Saab, Eni, France, gas, Greece, hydrocarbons, Israel, Italy, Joanna Wronecka, Karish, Lebanon, Michel Aoun, Novatek, oil, Qana, Russia, TotalEnergies, United Nations, United States

Malta to receive € 817 million from the EU to green and digitalize its economy

Malta to receive € 817 million from the EU to green and digitalize its economy
09/20/2022 | Society / Institutions
MALTA. As part of the European Union's cohesion policy for the period 2021-2027, Malta will receive €817M in funding to support a more competitive, inclusive, green and digital economy.
Cohesion Fund, digital, education, employment, energy, ERDF, ESF+, EU, European cohesion policy, European Commission, European Regional Development Fund, European Social Fund plus, European Union, fisheries, FTJ, Grand Harbour, health, Italy, Just Transition Fund, Malta, Malta Freeport, maritime, Marsaxlokk, Mediterranean, Nicolas Schmit, Valletta, Virginijus Sinkevičius

European solar electricity production reached a record high during the summer of 2022

European solar electricity production reached a record high during the summer of 2022
09/13/2022 | Environment
EU. Photovoltaic panels installed in the European Union broke their record in the summer of 2022 by producing 12.2% of the EU's electricity.
cyprus, Dries Acke, electricity, Ember, energy, energy mix, environment, EU, European Parliament, European Union, France, Greece, Italy, Paweł Czyżak, photovoltaic panels, Portugal, Slovenia, solar, solar energy, solar panels, SolarPower, Spain

Eni acquires BP's activities in Algeria

Eni acquires BP's activities in Algeria
09/08/2022 | Industry
ITALY / ALGERIA. Eni announces the acquisition of the activities of the British BP in Algeria (BP.L), including the gas fields of In Salah and In Amenas in the south of the country.
Abdmaldjid Tebboune, Algeria, Anja-Isabel Dotzenrath, Berkine, BP, BP Africa, Claudio Descalzi, Eni, Equinor, gas, In Amenas, In Salah, Italy, Karim Alaa, Sergio Mattarella, Sonatrach

The taxation of inflationary profits is gaining more and more supporters in Southern Europe

The taxation of inflationary profits is gaining more and more supporters in Southern Europe
09/06/2022 | Society / Institutions
MEDITERRANEAN. Italy, Greece and Spain have already taken the step of taxing "superprofits" that benefit from inflation. The French government is hesitating.
CMA CGM, Covid, energy, Engie, Europe, European Commission, France, Greece, inflation, Italy, logistics. TotalEnergies, Mediterranean, oil companies, profits, Spain, superprofits, taxation, Ukraine

Air France-KLM in the front row for the privatization of the ex-Alitalia which became ITA Airways

Air France-KLM in the front row for the privatization of the ex-Alitalia which became ITA Airways
09/01/2022 | Society / Institutions
ITALY / FRANCE / UNITED STATES. The Italian Ministry of Economy opened exclusive negotiations with the American investment fund Certares, associated with the airlines Air France-KLM and Delta Air Lines, for the partial takeover of ITA Airways.
Air France-KLM, airline, Alitalia, Certares, Delta Air Lines, Egypt, Etihad, Europe, France, Il Messaggero, Israel, ITA Aiways, Italy, Japan, Lufthansa, Milan Linate, MSC, New York, Rome Fiumicino, Sky Miles, Sky Team, transport, United States, Virgin Atlantic, Volare

The European Commission paves the way for a youth smoking ban in 2030

The European Commission paves the way for a youth smoking ban in 2030
08/26/2022 | Society / Institutions
EU. The European Commission has registered a citizens' initiative called "Call for a smoke-free environment and the first smoke-free European generation by 2030".
Brazil, British American Tobacco, Bulgaria, China, CNCT, Council of the European Union, Croatia, environment, European Citizens' Initiative, European Commission, European Parliament, European Union, Fernández Megina, France, Greece, health, ICE, Imperial Tobacco and Japan Tobacco, India, Italy, Lisbon Treaty, Member States, National Committee against Tobacco, No Fumadores, Philip Morris International, Poland, Spain, tobacco, United States, WHO, World Health Organization

Emmanuel Macron on "friendship visit" to Algiers and Oran to renew France's ties with Algeria

Emmanuel Macron on "friendship visit" to Algiers and Oran to renew France's ties with Algeria
08/24/2022 | Society / Institutions
ALGERIA / FRANCE. The president of the French Republic visits Algeria for three days to renew ties with the country and meet with the Algerian population, especially the youth.
Abdelmadjid Tebboune, AFD, Algeria, Algiers, Benjamin Stora, Berkine, Bpi, Bruno Le Maire, Catherine Colonna, Catherine McGregor, CNRS, Covid-19, Emmanuel Macron, Engie, Eni, Evian Agreements, France, French Development Agency, gas, Gérald Darmanin, Hassi Messaoud, Haïm Korsia, Iliad, insee, Italy, Jean Castex, Mediterranean, Occidental Petroleum, Ofats, OQTF, Oran, Paris, Patricia Miralles, Public Investment Bank, Rima Abdul Malak, Sonatrach, State, Stora report, TotalEnergies, USA, Western Sahara, Xavier Niel

EU member states agree on plan to reduce gas consumption

EU member states agree on plan to reduce gas consumption
07/28/2022 | Society / Institutions
EU. In order to respond to the decline in Russian gas supplies, the Council of the European Union adopts a European Commission proposal to organise a coordinated reduction in gas consumption in the 27 Member States.
Baltic States, Belgium, Brussels, Budapest, Council of the European Union, Cyprus, Czech Republic, energy, EU, European Commission, European Union, France, gas, Gazprom, Germany, Hungary, Ireland, Italy, Josef Sikela, Kadri Simon, Malta, Portugal, Putin, Russia, Spain, Ukraine, Ursula von der Leyen

Italian Prime Minister Mario Draghi pushed out by his main allies

Italian Prime Minister Mario Draghi pushed out by his main allies
07/21/2022 | Society / Institutions
ITALY. By refusing to give their confidence to the Italian president of the council Mario Draghi, the three main parties of the government coalition provoke a new political crisis in Italy.
Democratic Party, ECB, European Central Bank, Five Star Movement, Forza Italia, Italian politics, Italy, League, M5S, Mario Draghi, PD, politics, Sergio Mattarella, Silvio Berlusconi, Super Mario

Sonatrach, Occidental Petroleum, Eni and TotalEnergy to drill 100 oil wells together in Berkine

Sonatrach, Occidental Petroleum, Eni and TotalEnergy to drill 100 oil wells together in Berkine
07/20/2022 | Industry
ALGERIA / ITALY / FRANCE. The Algerian Sonatrach signs a "production sharing" contract with the American Occidental Petroleum, the Italian Eni and the French TotalEnergies.
Abdelmadjid Tebboune, Algeria, Algiers, Azerbaijan, Berkine, Enhanced Oil recovery, Eni, EOR, Europe, France, gas, Hassi Messaoud, hydrocarbons, Italy, Laurent Vivier, Libya, Mario Draghi, Middle East and North Africa, Occidental Petroleum, oil, Rome, Skikda, Sonatrach, TotalEnergies, Toufik Hakkar, United States

French pharmaceutical company EA Pharma completes acquisition of Italian company Stardea

French pharmaceutical company EA Pharma completes acquisition of Italian company Stardea
07/13/2022 | Industry
FRANCE / ITALY. Côte d'Azur-based EA Pharma continues its external growth operations with the acquisition of Italian company Stardea, which specialises in food supplements, medical devices and dermocosmetics.
Annemasse, Botanical Bio, Chondrosteo, Collmar, Conceptio, Cooper Consumer Health, Drasanvi, Duab, EA Pharma, Eafit, Europe, Foucaud, France, Granions, Immunol, Italy, Labcatal, León, Lithioderm, Monaco, Motion Equity Partners, Netherlands, Nice, Nutrivercell, Oligosol, Oligostim, Oseogen, Parma, pharmaceutical laboratory, Pietro Trascinelli, Punchpower, Rubozinc, Selles-Saint-Denis, Sophia-Antipolis, Spain, Stardea, Super Alimentos, Thierry Verne, Vemedia Pharma, Vital pur

The EU's inhabitants are becoming fewer and fewer

The EU's inhabitants are becoming fewer and fewer
07/12/2022 | Society / Institutions
EU. The population of the European Union decreased again in 2021 from 447 million on 1 January 2021 to 446.8 million on 1 January 2022.
António Guterres, Covid-19, Croatia, Cyprus, Egypt, European Commission, European Union, Eurostat, France, Germany, Italy, Malta, population, population in the EU, Slovenia, Southern Europe, Spain, World Population Day

STMicroelectronics and GlobalFoundries Invest in Semiconductor Plant in France

STMicroelectronics and GlobalFoundries Invest in Semiconductor Plant in France
07/12/2022 | Industry
FRANCE. During "Choose France", the French-Italian STMicroelectronics and the American GlobalFoundries announced the construction of a semiconductor production plant in Crolles, near Grenoble.
Agrate, Bruno Le Maire, CEA-Leti, Choose France, Château de Versailles, Crolles, FD-SOI, France, gallium, GF, GlobalFoundries, Grenoble, Italy, Jean-Marc Chery, Milan, R&D, semiconductors, silicon, Soitec, ST, STMicroelectronics, USA

The Mediterranean in drought

The Mediterranean in drought
07/05/2022 | Environment
MEDITERRANEAN. Drought is hitting the western Mediterranean this year, with greatly increased fire risks everywhere, and in the worst affected countries a drop in harvests and a threat to drinking water supplies.
agricultural production, Algeria, drinking water, drought, Egypt, Emilia-Romagna, fires, France, Friuli-Venezia Giulia, Italy, Libya, Lombardy, Mediterranean, Morocco, PACA, Piedmont, Po Plain, Portugal, Provence-Alpes-Côte d'Azur, Spain, Tunisia, Veneto

A difficult summer for air transport

A difficult summer for air transport
07/05/2022 | Transport
EUROPE. Strikes are on the increase in the airline industry, driven by wage demands and requests for improved working conditions.
ADP, air traffic recovery, air transport, airports, Aéroports de Paris, Belgium, Brussels Airlines, cancelled flights, delayed flights, Easyjet, France, Italy, Portugal, Ryanair, SAS, Spain, strikes

NATO orders 20 Eurofighters for the Spanish Air Force

NATO orders 20 Eurofighters for the Spanish Air Force
06/28/2022 | Society / Institutions
SPAIN. The NETMA Agency has announced the final signature of a record €2.04bn contract for an additional 20 Eurofighter Typhoon fighters for the Spanish Air Force.
Airbus, Airbus Defence and Space, aircraft, Albacete, Canary Islands, Carlo Mancusi, Eurofighter, Eurofighter GmbH, European defence, F-18 Hornet, fighter aircraft, France, Gando, Gerhard Baehr, Germany, Getafe, Halcón, Italy, Madrid, Michael Schoellhorn, NATO, Nato Eurofighter and Tornado Management Agency, NETMA, Spain, Spanish Air Force, Typhoon, UK

Slovenia decides to dismantle the anti-migration barbed wire fence separating it from Croatia

Slovenia decides to dismantle the anti-migration barbed wire fence separating it from Croatia
06/16/2022 | Society / Institutions
SLOVENIA / CROATIA. The new president of the Slovenian government will dismantle the barbed wire fence on its border with Croatia to prevent migrants from crossing into Slovenia.
Austria, border, Croatia, EU, European Border and Coast Guard Agency, European Union, Frontex, Gibanje Svodoba, Italy, Janez Janša, Mediterranean Sea, migration crisis, Miro Cerar, Modern Centre Party, Movement for Freedom, Robert Golob, Schengen area, SDS, Slovenia, SMC, Western Balkans

Algeria toughens sanctions against Spain with a boycott of Iberian products

Algeria toughens sanctions against Spain with a boycott of Iberian products
06/09/2022 | Society / Institutions
ALGERIA / SPAIN. After unilaterally breaking off all diplomatic relations with Spain, Algeria decided to suspend a friendship treaty signed in 2002 with Madrid and banned imports from Spain.
Abef, Algeria, Association of Banks and Financial Institutions, beef, boycott, Brahim Ghali, China, European Union, France, Italy, Pedro Sanchez, Polisario Front, relations Spain Algeria, Sand War, Treaty of Friendship, Turkey, UN, United Nations, Western Sahara

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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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