#bailout

Aircrafts of German airline Lufthansa are seen at "Franz-Josef-Strauss" airport in Munich, southern Germany, on June 25, 2020, amid the novel coronavirus Covid-19 pandemic. - German airline Lufthansa was poised to clear a key shareholder vote on its nine billion euro ($10 billion) state rescue on June 25, 2020, boosted by the EU's green light and the last-minute backing of a billionaire investor who had the power to veto the plan. (Photo by Christof STACHE / AFP)
Aircrafts of German airline Lufthansa ar... […]

Aviation, automobiles and other virus victims

The COVID-19 pandemic has devastated several industries, from aviation and automobiles to retail and energy. Who are the major casualties, amid all the layoffs, bankruptcies and rescue plans?
A protester waves a Greek flag as he demonstrates with thousands against a new austerity package in front of the Greek parliament in Athens on June 5, 2011. Photo: Angelos Tzortzinis / AFP
A protester waves a Greek flag as he dem... […]

Greece exits third and last bailout after biting austerity

After years of stinging austerity measures, Greece emerges from its third and last bailout, although officials warn the country still has a "long way to go".
Alexis Tsipras finally wore a tie for the first time since he became prime minister in 2015, after pledging he would only don one once Greece was out of debt. Photo: Milos Bicanski / AFP
Alexis Tsipras finally wore a tie for th... […]

Greece hails ‘historic’ deal to end debt crisis

Greek Prime Minister Alexis Tsipras has hailed an agreement by Eurozone ministers that will put an end to the country's eight-year bailout program as an "historic" step.