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ECB’s Lagarde hails Greece’s economic reform progress
In their first one-on-one meeting on Wednesday, Greek Prime Minister Kyriakos Mitsotakis and European Central Bank President Christine Lagarde discussed Greece's economy, with the ECB chief hailing the progress of reforms.
Mitsotakis, Lagarde discuss ‘Hercules,’ fiscal targets
Greece's plan to cut bad loans at Greek lenders by up to 30 billion euros and the country's fiscal targets were discussed in a meeting between Prime Minister Kyriakos Mitsotakis and the new president of the European Central Bank (ECB) Christine Lagarde in Frankfurt on Tuesday.
Lufthansa Canceled 600 Flights on Friday due to the Cabin Crew Strike
New 600 Lufthansa-operated flights were canceled on Friday - the second day of the cabin crew strike. Among them are three from Munich and Frankfurt to Sofia. Three flights from Sofia to Germany will not be fulfilled.
On Thursday, 700 flights were canceled, causing chaos at airports in Europe.
Soon Every Third Germany Resident Will Be a Foreigner
As many Bulgarians and Romanians immigrate to Germany, they will not be able to satisfy the huge need for labor in the country. It urgently needs new migrants, Deutsche Welle writes.
About 1,300 Flights Were Canceled due to a Lufthansa Strike
About 1,300 flights and 180,000 passengers will be affected by the two-day strike, which was formally started by the cabin crew at German Lufthansa. Most of its flights from Germany, including intercontinental flights from Frankfurt and Munich, were canceled, NOVA reported.
Christine Lagarde Officially Heads the ECB
European Central Bank Governor Mario Draghi will chair the last meeting in Frankfurt before resigning.
Many analysts expect the subsequent press conference to be rather ceremonial and uncharacteristically emotional for the banker, who will remain in the bank's history with his bid to save the euro "whatever it takes".
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Bulgarian Citizen - among the Victims of the Incident in Limburg, Germany
One Bulgarian citizen is among the victims of an incident in Limburg, Germany, in which a truck crashed into 8 cars. This was reported by the press centre of the Ministry of Foreign Affairs.
According to information from the German police, the Bulgarian citizen suffered minor injuries, received medical assistance, and was subsequently released from medical observation.
The Banks which Are Affected by Brexit Are Heading to Frankfurt
Banks which are seeking for a new European financial centre after Brexit have so far turned their preferences to Frankfurt, according to a study by German bank Helaba.
By the end of August, 31 banks had chosen to establish or expand their operations in the western German city to secure their presence in the EU after London leave the bloc.
CEOs of Top 30 German Companies Report a Drop in their Salaries
CEOs of the 30 companies in Germany's leading stock index DAX report a 2 percent drop in their salaries on an annual basis, according to a study published yesterday by the DPA.
eSky: Bulgarians’ Air Travels Increased by 18.3% Compared to the Last Year
The Bulgarians' air travels increased by 18.3% compared to the last year . 45% of the bookings were made through a mobile device - 3% up from the previous year, according to a recent analysis by eSky experts.