The figure published by the National Institute of Statistics leaves no room for doubt: Spain’s GDP fell by 11% in 2020, the worst result in history in peacetime. Although Spain has not been the only country that has suffered this financial setback derived from the pandemic, its fall has been one of the hardest. The […]
Tag: France
The world closes borders in the face of the pandemic as protests over curfews increase
Several countries on Monday reinforced restrictions on their borders in the face of the incessant threat of the coronavirus, amid new protests against curfews, which in the Netherlands caused riots. The United States joined France, Israel and Sweden in limiting certain arrivals, responding to concerns about new strains of the virus originating in the […]
The vaccination passport does not convince an EU that asks to limit non-essential travel to the maximum
There are two ways to tell. The short and simplified summary is that the heads of State and Government of the 27 have seen each other today by teleconference with two problems on the table: the general coordination against Covid and the idea of ​​establishing a vaccination passport to try to save the next tourist […]
Suez Receives Friendly Takeover Proposal From Ardian & GIP Amid Takeover Fight With Veolia
French water giant Suez has been facing a takeover attempt by its rival Veolia Environnement SA for months. Now, Suez has received an alternate friendly proposal from two private equity firms, Ardian and Global Infrastructure Partners, at the same price as Veolia.
Le Maire says the first quarter of 2021 will continue to be tough for the economy
“The first quarter of 2021 will continue to be difficult for the French economy“said the country’s Finance Minister Bruno Le Maire while speaking at the Reuters Online event on Thursday. Additional comments: I’m sure that the second part of 2021 will be very good for the French economy. The forecast of 6% growth this year […]
The French economy contracted by 4% in the fourth quarter of 2020 – Bank of France
The French economy is forecast to contract 4% in the fourth quarter of 2020 Despite the lifting of confinement due to the coronavirus, the latest estimates from the Bank of France. Featured Comments “The central bank is sticking to an earlier estimate that the eurozone’s second-largest economy contracted 9% over the course of last year.” […]
The Costa del Sol, like forty years ago
No one expected good news, and it has been. “Disastrous”, “unusual”, “debacle”. The president of Tourism Costa del Sol, Francisco Salado, has spared no adjectives to describe the average fall of 75% that has marked the 2020 tourist exercise and has put into perspective the destruction that the pandemic has caused in the sector by […]
US announces new tariffs on German and French products
The United States has announced an increase in tariffs on some European Union products, which include component parts, some non-sparkling wines and various cognacs and brandy types from France and Germany. The statement from the US Trade Representative Office. indicates that the new rates will enter effective next January 12 and that they are a […]
Spain also suspends its flights and the United Kingdom is isolated due to the new strain of coronavirus
At the end of last January, when the coronavirus was spreading across China but had not yet reached Europe, British Airways decided to suspend all its flights with the Asian country. It was the first airline to take this measure, which was to last until March. By then the virus had already roamed Europe, and […]
Ban on flights to the United Kingdom: third blow to the air sector in the middle of Christmas campaign
The decision of several countries to ban flights to the United Kingdom supposes the third great blow to the tourism sector, with the airlines, again, in the front line. The coup comes in the middle of the Christmas season, which is usually the busiest time after the summer, and with the airlines already in a […]
