Thursday

2nd Jul 2020

Ticker

Air France-KLM seeks state-backed loans

Airline group Air France-KLM is in talks with banks to receive up to €6bn in loans, guaranteed by the French and Dutch governments, due to the coronavirus crisis, Reuters reported. The two states each own 14 percent of Air France-KLM. Air France could get around €4bn in French-guaranteed loans while KLM could receive around €2bn backed by The Hague. The group appointed BNP and Societe Generale to advise on refinancing.

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Eminent women appeal for EU help on Palestine

West Bank annexation "was conceived almost entirely by men" and will crush the "dignity and rights" of Palestinian women still further, a group of 40 women leaders have said.

Coronavirus

EU silent on US buying up world's remdesivir supplies

The European Commission says it is in talks with the US biopharmaceutical company Gilead to secure supplies of remdesivir but won't provide any details. The comments follow the purchase of the world's supply by the United States.

Regions urge EU to act on 'green hydrogen'

The EU's regions urged the unlocking of the potential of hydrogen produced from renewable sources, so-called 'green hydrogen', to achieve climate neutrality by 2050.

Opinion

On toppling statues

In Belgium, there are 443 statues, busts, plaques, and street names that celebrate that country's colonial past. As recently as 2005, school textbooks lauded Belgium for "civilising the black population, step-by-step."

News in Brief

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  5. Turkey poised to convert Istanbul museum into mosque
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  7. EU Commission sets up skills agenda for next five years
  8. Bundestag gives floor to 'disgrace' Schröder on pipeline

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