FRANKFURT
Frankfurt book fair to take place as scheduled
Frankfurt's annual book fair - the world's largest - will take place as scheduled in mid-October, its organizers said on May 27, a sign of some return to normality amid the coronavirus pandemic.
The event usually draws more than 300,000 visitors, and dates back to the 15th century when Johannes Gutenberg
introduced the mass printing of books in nearby Mainz.
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Aegean introduces flexible ticketing policy as flights resume
As it gradually comes out of lockdown to restore domestic and some international service, Aegean Airlines is introducing strict safety measures at the gate and onboard and a flexible ticketing policy, the Greek carrier said in an announcement.
Banks’ loans from the ECB have tripled
Increased liquidity requirements amid the coronavirus pandemic contributed toward the increase in Greek bank' dependence on European Central Bank funding.
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Aegean to gradually restart overseas flights by end-May
Greece's largest carrier Aegean Airlines said on Thursday it will gradually restart flights from Athens to some major European destinations by the end of May, ending a suspension prompted by the new coronavirus pandemic.
Unexpected blow for Croatia: "Sweden has become our problem"
Most of the infected are workers of the company "Djuro Djakovic Montaza" from Slavonski Brod, and some of the members of their families.
It is about 20 workers who returned to Croatia from Sweden on May 2 by plane via Frankfurt, which made that flight a new source of infection in Croatia, "Jutarnji list" writes.
Editorial: Enough is enough Chancellor Merkel!
While all of Europe is taking a socio-economic beating the German Federal Court of Justice opined that the bond-buying programme of the European Central Bank that emerged after the last debt crisis is in part unconstitutional and touches on the principles of the German (Federal) Constitution.
The current crisis is threatening to tear apart the European construct and project.
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Greece has benefited most from new QE
It may be hard for the yields of the benchmark bonds to return to the all-time lows of 0.92 percent observed just a few months ago, but the recovery of the Greek debt over the rest of 2010 and in 2021 appears necessary, according to analysts.
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Turkey brings back expats from Europe on eve of Ramadan
Turkey evacuated 337 citizens from the U.K. on April 20 on a special flight in the midst of the coronavirus pandemic.
At the instruction of President Recep Tayyip Erdoğan and in coordination with the Ministry of Foreign Affairs, Turkey decided to bring back nearly 25,000 citizens before the Muslim fasting month of Ramadan.
Stournaras aims to shore up embattled banking system with 10bn euros in liquidity
As the end of the lockdown is already in sight in Greece the day after the coronavirus outbreak is already stirring extreme concern in the government, among financial players and analysts, and not least in the Bank of Greece with the governor of the central bank, Yannis Stournaras, scampering to come up with 10bn euros to bolster the Greek banking system and avert yet another bank crisis.
Fruitful market foray raises 2 bln euros
The Greek state has increased its cash leeway for meeting the challenges of the Covid-19 crisis by 2 billion euros thanks to Wednesday's issue of a seven-year bond, Greece's first market foray after the outbreak of the health crisis in Europe and the country's inclusion in the European Central Bank's emergency bond-buying program.
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