# Economy

This picture shows the construction site of a high-rise building at the business district of La Defense west of Paris on October 21, 2020, as the country faces a new wave of infections to the Covid-19 (the novel coronavirus). - La Defense, the largest European business district and the fourth largest in the world, had to reshape its activity following the Covid-19 pandemic: work from home, barrier measures and safety guidelines. According to Paris-La Defense association district, 60% of its workers have returned to the office. However, following the lockdown, the generalisation of home working, the partial closure of bars and restaurants and, now, the curfew, the daily life of some 500 companies and 180,000 employees is permanently affected. (Photo by Christophe ARCHAMBAULT / AFP)
This picture shows the construction site […]

EU warns no return to pre-crisis economy before 2023

A second wave of the coronavirus pandemic has stalled a nascent recovery in Europe, as the EU warned that the economy would not return to pre-virus normality before 2023
This picture shows a view of the business district of La Defense west of Paris taken from the roof of the Grande Arche on October 8, 2020, as the country faces a new wave of infections to the Covid-19 (the novel coronavirus). - La Defense, the largest European business district and the fourth largest in the world, had to reshape its activity following the Covid-19 pandemic: work from home, barrier measures and safety guidelines. According to Paris-La Defense association district, 60% of its workers have returned to the office. However, following the lockdown, the generalisation of home working, the partial closure of bars and restaurants and, now, the curfew, the daily life of some 500 companies and 180,000 employees is permanently affected. (Photo by Christophe ARCHAMBAULT / AFP)
This picture shows a view of the busines […]

In the sleeping towers of Paris’ vast business district

As France heads towards a new lockdown, how has Europe's largest business district of La Defense reshaped its work practices to adapt to the Covid-19 pandemic?
A shopper wearing a protective mask buys fruits in a Paris' district market on May 12, 2020, after France eased lockdown measures taken to curb the spread of the COVID-19 pandemic, caused by the novel coronavirus. (Photo by FRANCK FIFE / AFP)
A shopper wearing a protective mask buys […]

Eurozone GDP up 12.7% in Q3, biggest quarterly rise

Eurozone output soared by 12.7 percent in the third quarter as the bloc bounced back from the depths of the coronavirus lockdown, according to the Eurostat statistics agency
Medical staff take a patient from an helicopter to a waiting medical flight at the Bron airport near Lyon, southeastern France, on October 27, 2020, to be evacuated on another hospital, amid the outbreak of the Covid-19 caused by the new Coronavirus. (Photo by PHILIPPE DESMAZES / AFP)
Medical staff take a patient from an hel […]

France, Germany impose drastic curbs as virus surges in Europe

France is preparing to begin a new lockdown as Germany imposed drastic new curbs, with European leaders set to hold a video summit to discuss the spikes in coronavirus infections on the continent
People sit in deckchairs as they enjoy the sunshine on the beach in Brighton on the south coast of England on June 2, 2020 following a further relaxation of the novel coronavirus COVID-19 lockdown rules. - Suspected and confirmed cases of deaths from the coronavirus outbreak in Britain have risen to 48,000, according to official data published Tuesday. (Photo by Glyn KIRK / AFP)
People sit in deckchairs as they enjoy t […]

Pandemic slashes international tourism by 70%: UN

International tourists arrivals plunged by 70 percent during the first eight months of 2020 because of the coronavirus pandemic, according to the World Tourism Organization (WTO)
(FILES) In this file photo taken on July 10, 2020 passengers wearing a face mask or covering due to the COVID-19 pandemic, arrive at Heathrow airport, west London. - London Heathrow said on October 28, 2020 that Paris Charles de Gaulle has overtaken it to become Europe's largest airport in terms of passenger numbers, blaming delayed coronavirus testing and travel restrictions. (Photo by DANIEL LEAL-OLIVAS / AFP)
(FILES) In this file photo taken on July […]

Heathrow says Paris now Europe’s busiest airport

London Heathrow has said Paris Charles de Gaulle had overtaken it to become Europe's top airport in terms of passenger numbers, blaming delayed coronavirus testing and travel restrictions.
Thousands of Spanish flags, representing the Spanish victims of COVID-19, are pictured on Patacona beach in Valencia, on October 4, 2020. - Spain has so far claimed more than 32,000 lives and 790,000 infected in the highest infection rate in the European Union. (Photo by Jose Jordan / AFP)
Thousands of Spanish flags, representing […]

Spain becomes first EU nation with one million virus cases

Spain has become the first European Union nation to record a million coronavirus infections, as the government mulls fresh restrictions on public life to curb the spread of the disease
Pedestrians wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against spreading COVID-19, in Dublin on October 19, 2020, amid reports that further lockdown restrictions could be imposed to help mitigate the spread of the novel coronavirus. - Ireland will crank up coronavirus restrictions, prime minister Micheal Martin said last week, announcing a raft of new curbs along the border with the British province of Northern Ireland. (Photo by PAUL FAITH / AFP)
Pedestrians wearing PPE (personal protec […]

Ireland is first EU country to re-enter lockdown

Ireland will become the first European country to return to a national coronavirus lockdown, with everyone asked to "stay at home" for six weeks, but schools will remain open
A waiter waits for customers at a restaurant in Barcelona on October 14, 2020. - Bars and restaurants are to be closed across Spain's northeastern Catalonia region for the next 15 days to slow rising coronavirus infections, the regional government said. (Photo by LLUIS GENE / AFP)
A waiter waits for customers at a restau […]

New virus restrictions deal fresh blow to Spain economy

Fresh virus restrictions imposed in Spain's two regional economic powerhouses, Catalonia and Madrid, have darkened the country's bleak growth forecasts and angered business leaders
Thousands of Spanish flags, representing the Spanish victims of COVID-19, are pictured on Patacona beach in Valencia, on October 4, 2020. - Spain has so far claimed more than 32,000 lives and 790,000 infected in the highest infection rate in the European Union. (Photo by Jose Jordan / AFP)
Thousands of Spanish flags, representing […]

Spain hopes to create 800,000 jobs with economic rescue plan

Spain's government has unveiled an EU-funded recovery plan aimed at creating over 800,000 new jobs and yanking the country out of its worst economic slump in decades