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bailout

Short of Cash: TUI Solvency Threatens Hundreds of Greek Businesses

2020-11-14 by Phil Butler

News that Greek hoteliers are over a barrel because TUI AG has not yet to pay millions of euros to certain hotels, comes as little surprise.

Tags: bailout, bankrupt hotels, Greece, Greece hotels, Lufthansa, TUI, TUI Group, TUI losses, TUI profits, TUI stock

Germany’s Lufthansa Announces More Cutbacks and Layoffs

2020-09-23 by Argophilia Travel News

Lufthansa

Lufthansa Group just announced permanent, group-wide cuts on capacity and further reductions of personnel, due to the impact of the coronavirus (Covid-19) on travel.

Tags: airline companies, airline failures, airlines, bailout, COVID-19, COVID-19 response, German companies, Germany airlines, Lufthansa, Lufthansa Group

Featured Stories

Storm ELIAS

Breaking News: Storm Elias Hits Greece Hard

Olive oil

Breaking News: Olive Oil Prices Skyrocket in Greece

Peskesi Organic Farm

Peskesi Organic Farm: Pioneering Regenerative and Biodynamic Agriculture on Crete Island 

EyeWide

This Really Is – Incredible Crete

Stories of Interest

Greek sunset

Dutch Tourists in Greece: Exploring and Enjoying Their Holidays

2023-09-28 By Manuel Santos

Griekenland.net, a platform dedicated to promoting tourism since 2001, conducted a study to determine the preferences of Dutch tourists during their holidays.

Magnesia weather

Breaking News: Sakis Arnaoutoglou on Elias Storm in Magnesia

2023-09-28 By Victoria Udrea

Sakis Arnaoutoglou expressed astonishment at the devastation experienced in such a short time since Storm Elias hit Greece. In a Facebook post, he highlighted the data indicating that Volos, a city in Magnesia (one of the regional units of Greece, part of Thessaly), has already received about 30 times the average amount of rainfall for […]

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