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EBRD president Renaud-Basso: For us Greece is a success story

European Bank for Reconstruction and Development (EBRD) president Odile Renaud-Basso on Wednesday said her investment bank is now focused on a green transition , beginning in eastern European and moving gradually towards Turkey and other Mediterranean countries. ....

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UK GDP falls 1.5 pct in Q1 but rebounds after lockdown eased in March: ONS

UK GDP falls 1.5 pct in Q1 but rebounds after lockdown eased in March: ONS
Xinhua
13 May 2021, 02:05 GMT+10
LONDON, May 12 (Xinhua) Britain s gross domestic product (GDP) recorded a 1.5 percent quarterly shrink in the first quarter (Q1) this year amid lockdown measures, but the economic output rebounded in March after COVID-19 restrictions eased, the British Office for National Statistics (ONS) said Wednesday.
The level of GDP in Q1 fell by 6.1 percent when compared with the same quarter a year ago and is 8.7 percent below where it was before the pandemic at Q4 (October to December) 2019, said the ONS.
However, the economy was estimated to grow by 2.1 percent in March 2021, the fastest monthly growth since August 2020, as schools in some parts of the country reopened throughout the month, said the ONS. ....

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Bilawal slams govt's economic policies

ISLAMABAD: The Chairman Pakistan People’s Party Bilawal Bhutto Zardari has criticised the economic policies of the PTI government saying that the only thing Imran Khan struggled for 25 years. ....

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Travel, Tourism & Hospitality Rise in Spanish airport charges 'will damage economic recovery'

May 2021
130
The International Air Transport Association (IATA) warned that proposals by AENA to increase user charges at the 46 airports it operates across Spain could damage Spain’s economic and employment recovery from Covid-19.

The proposals presented to the DGAC for approval include a request to increase charges by 5.5 per cent over five years. They would also open the door for AENA to recover its lost revenues due to the Covid-19 crisis, for services which were never operated, or which airlines couldn’t access.

“The whole aviation industry is in crisis. Everybody needs to reduce costs and improve efficiency to repair the financial damage of Covid-19. Having analysed AENA’s situation, airlines believe that AENA could reduce its charges by 4 per cent. So proposing to pass the burden of financial recovery on to customers with a 5.5 per cent increase is nothing short of irresponsible. The DGAC should immediately reject the request a ....

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Welcome To IANS Live - LatestNews - India-EU agree to strengthen strategic, bilateral cooperation

India and the EU also agreed to enhance bilateral cooperation on digital and emerging technologies such as ....

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