#Economy

Aircraft stored by Tarmac Aerosave at the firm's aerodrome in Azereix, southwestern France, on February 4, 2021. Photo: Lionel Bonavenure / AFP
Aircraft stored by Tarmac Aerosave at th... […]

At the foot of the Pyrenees planes put out to pasture

Under the snow-capped Pyrenees, dozens of planes are lined up like toys on a shelf at one of several airports in southern Europe where parking planes has become big business
An employee works on the vaccine packing line at the factory of British pharmaceutical company GlaxoSmithKline (GSK) where the Covid-19 CureVac vaccine will be produced in Wavre, Belgium on February 8, 2021. Photo: Kenzo Tribouillard / AFP
An employee works on the vaccine packing... […]

Pandemic showcases Belgium as Europe’s Vaccine Valley

A small country with an outsize reputation in research and pharmaceuticals, Belgium has emerged with a strategic role in the world's battle against the coronavirus
Italian economist Mario Draghi gives a speech after being awarded the Federal Cross of Merit during a ceremony at the presidential Bellevue Palace in Berlin on January 31, 2020. - Months after the end of his term as president of the European Central Bank (ECB), Mario Draghi received Germany's highest honour, drawing attacks from critics of his easy-money policy. (Photo by Tobias SCHWARZ / AFP)
Italian economist Mario Draghi gives a s... […]

How long will Italy’s honeymoon with Draghi last?

In Italy, politicians left, right and centre are rallying behind Mario Draghi's attempt to form a unity government -- but will an unusually broad coalition make his job harder?
Former ECB head Mario Draghi leaves the Quirinale palace in Rome after a meeting with the Italian president on February 3, 2021. Photo: Andreas Solaro / AFP
Former ECB head Mario Draghi leaves the ... […]

The economic challenges facing Italy’s ‘Super Mario’

Political instability and the worst recession since World War II -- Mario Draghi, the former European Central Bank chief brought in to rescue his native Italy, has some major challenges ahead
Electric vehicles (EV) charge at a charging station in east London on November 18, 2020. - Britain will ban petrol and diesel vehicle sales from 2030 as part of a 10-point plan for a "green industrial revolution" to be unveiled Wednesday by Prime Minister Boris Johnson. (Photo by DANIEL LEAL-OLIVAS / AFP)
Electric vehicles (EV) charge at a charg... […]

Electric vehicle sales surge in EU amid Covid slump

Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies aimed at helping manufacturers during the Covid-19 pandemic, an industry body said