Economics
Microsoft to build Data Centers in Greece
Microsoft today announced its “GR for GRowth” plan, a major technological commitment aimed at providing support for people, governments and businesses of all sizes in Greece through technology and resources to create new growth opportunities. As part of the plan, Microsoft announced its intention to establish a new data center that will establish a […]
Read MorePortugal : Food Waste Reduced with Covid-19 Pandemic
A survey released by the Deco-Consumer Protection Association shows that the Covid-19 pandemic has greatly reduced the food waste of the Portuguese people. During the Covid-19 pandemic, 800 Portuguese participants were surveyed in January and February, and then at two different times in April. According to the survey results released by DECO in a statement, […]
Read MoreSwitzerland : Night train connections to Barcelona, Amsterdam and Rome
The Swiss Federal Transport Authority (SBB) has announced plans to expand night train connections to Barcelona, Amsterdam and Rome. There are currently six routes, and the network will be expanded to ten routes connecting Switzerland with major destinations in the Netherlands, Spain and Italy. It is the largest night train network in Europe and […]
Read MoreItaly : Up to 1.3 million tourism jobs at risk
Industry groups warned on Wednesday that about 1.3 million jobs in the Italian tourism industry are at risk due to COVID-19. According to the Observatory’s 12th annual report on the tourism labor market, the pandemic has caused a sharp shift in this trend, which was a record year for the Italian tourism industry in […]
Read MoreLufthansa Expands Flight Service to Greece in 2021
Lufthansa, the largest airline in Germany and the second largest in Europe, has expanded its flight options to Greece in 2021. The airline announced that it will open more direct flights from Germany to 14 airports in Greece operated by Frankfurt Airport in Germany, most of which are located on the Greek islands. […]
Read MorePortugal : new measures to improve Algarve’s economy
Portuguese parliament has approved measures aimed at the Algarve’s economy. The approved measures include shortening the guarantee period for obtaining unemployment benefits and providing companies with a more favorable tax system for a three-year transition period. A draft PSD resolution was approved last Friday, which includes an economic and social response plan for […]
Read MoreItaly: Public debt reaches record high in may
The Bank of Italy said that the Italian public debt reached a record of 257.6 billion euros in May. The Central Bank said this was an increase of $40.5 billion from April. Between January and May, the cumulative PSBR surged to 66.4 billion, more than double the 29.6 billion in the same period last year. […]
Read More