FRANKFURT

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.

Increased liquidity requirements amid the coronavirus pandemic contributed toward the increase in Greek bank' dependence on European Central Bank funding.

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.

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.

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.

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.

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.

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.

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.

The European Central Bank took more emergency action Tuesday to keep credit flowing to companies in the 19 countries that use the euro by easing its rules for lending to banks that serve those businesses.