European banks have teamed up to deliver by 2022 a new unified payment system that will offer consumers cards and digital wallets that could offer a serious alternative to Visa and Mastercard
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?
Zara, H&M and Gap may be reopening their stores but the coronavirus has had a devastating impact on the fast fashion sector, which needs a radical overhaul if it is to recover, experts say
The coronavirus has forced many airlines to ground their fleets and appeal for state assistance but experts fear these carriers are now weighed down by debt ahead of a return to normal service
France has pledged 15 billion euros ($16.9 billion) for the country's aviation industry, where thousands of jobs are on the line as the coronavirus crisis hammers the travel industry
The economy and finance ministers of the European Union member states, as well as the European Commission, are looking for effective measures to help Europe's economy that is hit hard amid the coronavirus pandemic crisis.
Europe is currently facing an economic crisis due to the outbreak of the coronavirus pandemic, therefore, the finance ministers in the European Union are trying to find a solution that all member states would agree on.
The new coronavirus has brought social and economic life to its knees across the European Union. However, European leaders have begun laying the foundations for a return to normality as soon as the coronavirus crisis ends.
EU leaders have sought to reassure business and markets they will do what it takes to protect the bloc’s economy from the effects of the deadly coronavirus epidemic