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Europe economy

COVID-19 Second Wave Nixes Predicted Economic Rebound

2020-09-26 by Phil Butler

Santorini

As the ECDC predicts a rising COVID-19 curve, Europe economies stand poised to suffer double-dip recession.

Tags: Coronavirus cases, COVID cases, COVID recession, COVID-19 economics, ECDC, EU economies, EU economy, EU recession, Europe economy, Europe pandemic, pandemic

Euros Left in the Vapor Trail: Plight of the Single European Sky

2013-05-03 by Phil Butler

Europe's vapor trail of lost sky euros

With 27 separate bits of airspace connecting European countries, is it any wonder the the old continent still seems fragmented and inefficient? Well, back in 1999 the European Commission launched a plan termed Single European Sky (SES), aimed at uniting all the airspace to fuel a more efficient air travel industry. The big question today it; “What happened to the plan?”

Tags: airlines, Antonio Tajani, economy, environmental concerns, EU rules, EU skies, Europe airlines, Europe economy, tranasportation

Armenia Tops CIS Countries in Economic Freedom

2013-01-14 by Aleksandr Shatskih

2013 Economic Freedom Heat Map

Research recently conducted by the Heritage Foundation in the US shows the current state of economic freedom around the world. Where CIS countries are concerned, the study made several somewhat surprising findings. One such finding was the 38th position among 177 countries Armenia currently holds. This places the small republic at the top of all CIS countries.

Tags: Armenia economy, Armenia freedoms, Armenia investment, Armenia travel, CIS, CIS economies, economies, EU economies, Europe economy

Accor Hotels Rises and Falls with Europe for 2012

2012-01-19 by Phil Butler

Sofitel Vienna Stephansdom

Accor Hotels, the largest hotel player in Europe, has announced guarded optimism for business going forward into 2012. According to their assessment, demand for rooms in Europe looks stable, while concerns over debt burdened South Europe put a damper on expectations.

Tags: Choice Hotels International, East Europe hotels, Europe economy, Europe hotels, France hotels, Hilton Worldwide, Hyatt Hotels, InterContinental, Luxury Hotels, Marriott, Motel 6, Pullman Paris Rive Gauche, Roomkey, Sofitel, Southern Europe hotels, Starwood, US hotels, Wyndham Hotel Group

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Stories of Interest

Sunday dog walk event

Heraklion Municipal Shelter Organizes Dog-walking Event on Sunday

2026-04-18 By Victoria Udrea

Head out to the Heraklion Municipal Shelter in Finikia tomorrow, April 19th, for the bi-monthly “Dog Walk”!

Heraklion rent prices Crete housing crisis

The Great Cretan Eviction and the €1,500 Digital Nomad Dream

2026-04-18 By Iorgos Pappas

As the 2026 tourist season starts, Heraklion residents face eviction and soaring rents. Discover the data behind Crete’s housing crisis.

Powerful Winds Flipped a KTEL Bus in Sfakia

Gale-Force Fury Flipped a KTEL Bus in Sfakia

2026-04-18 By Iorgos Pappas

Powerful winds in Crete flipped a KTEL bus in Sfakia and caused widespread damage in Messara, Heraklion. No injuries reported during the April 17th gale.

German sailboat rescue AI illustration

German Sailboat Saved from Cretan Winds in Elounda

2026-04-18 By Mihaela Lica Butler

Three sailors were rescued off the coast of Elounda, Crete, after their sailboat was swept toward shallow waters by powerful 8 Beaufort winds.

Hersonissos port zone

Hersonissos Port Overhaul Hits Archaeological Paydirt

2026-04-17 By Iorgos Pappas

The redevelopment of the Hersonissos port zone continues with new archaeological discoveries and sectional construction to minimize business disruption.

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