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