FRANKFURT
Antalya, St Petersburg airports' co-owner hit by Russia crisis
German airport operator Fraport is suffering from the crisis in Ukraine and Russia, with ruble weakness hitting passenger numbers and retail spending, and St Petersburg airport, in which it owns a stake, in financial difficulties.
FinMin Varoufakis's blogpost on toxic "finger-pointing" between Greece and Germany
In a new blog post titled "Of Greeks and Germans: Re-imagining our shared future," Greek Finance Minister Yanis Varoufakis stressed today the need for Greeks and Germans to stop the blame game and work together.
Read below the full article, as it was published on the Greek FinMin's blog.
More Flights Between Sofia, Germany Cancelled as Lufthansa Strike Continues
Only two of the ten scheduled flights between Bulgaria's Sofia Airport and Munich and Frankfurt will be conducted on Friday as the pilots of German airline Lufthansa continue their strike.
Short and medium haul flights to Europe, including all flights between Sofia and the two German airports, were cancelled on Wednesday, when the strike began.
Deputy PM admits cash situation is getting difficult
Dragasakis says problems will grow without swift agreement
By Sotiris Nikas
Greece has both major and pressing liquidity problems that will only be exacerbated unless there is a swift agreement with the country?s creditors, Deputy Prime Minister Yiannis Dragasakis admitted.
Lufthansa pilots extend strike as hundreds of flights grounded
Pilots for German airline Lufthansa announced they would extend until March 20 a strike that has already hit tens of thousands of passengers and seen hundreds of flights cancelled in a dispute over a retirement scheme.
Loan limit from ELA increases only by 400 million euro
Following Wednesday’s meeting in Frankfurt, the European Central Bank decided to increase only by 400 million euro the loan limit from ELA.
As was noted in the meeting, the available balance on pumping liquidity of temporary liquidity mechanism ELA is approximately 3 billion euro.
However, the new loan limit of Greek banks will be reconsidered in next week’s new ECB meeting.
Anti-Austerity Protesters, Police Clash as ECB Unveils New HQ in Frankfurt
Violence erupted in Frankfurt on Wednesday as anti-austerity demonstrators clashed with the police before the official opening of the new headquarters of the European Central Bank (ECB).
Several police cars were set on fire and their windows smashed after demonstrators threw stones at police, DW reports.
Protesters, police clash near new European bank HQ in Frankfurt
Anti-capitalist protesters clashed with riot police near the new headquarters of the European Central Bank (ECB) in Frankfurt on March 18 and set fire to barricades and cars, casting a pall over the ceremonial opening of the billion-euro skyscraper.
Lufthansa grounds 750 flights in latest pilots' strike
German airline Lufthansa cancelled around 750 short- and medium-haul flights Wednesday, hitting tens of thousands of passengers, as pilots staged fresh strike action in a bitter dispute over early retirement.
Strike of Lufthansa Pilots Cancels All Flights Between Sofia, Germany
All ten Lufthansa-operated flights between Sofia and Munich and Frankfurt are cancelled on Wednesday due to the announced 12-hour strike of the airline's pilots.
The German airline cancelled on Wednesday 750 out of its 1400 scheduled domestic and European, which is expected to affect 80 000 passengers, the Business Insider reports.