Lufthansa seeks government bailouts to stay aloft
By DW
24 April 2020 |
1:09 pm
The German airline disclosed €1.2 billion in losses for the first quarter of 2020 as sales fell by 50% in March alone. State loans from Germany, Belgium, Austria and Switzerland are likely to rescue the company.
In this article
Related
4 Apr
Germany is not a nuclear power, but it is part of US nuclear strategy. As arms control treaties between the US and Russia come undone, Germany faces a more clear and present nuclear danger.
9 Apr
The harvest saw an 8% drop over 2021 and had not been lower since 2013. Statisticians say the drop in productivity is a result of less land being dedicated to planting the vegetable.
2 Apr
Total public debt is up in Germany, reaching a new record of over €28,000 per person. Much of the debt on the national level is connected special COVID and energy funds from the last years.
1 Apr
Some 1.5 million German households are spending more than half of their income on rent, according to a study. Poorer people and city dwellers face the biggest burdens.
8 Apr
The Austrian Alpine Club said it had never measured such a pronounced annual retreat as in 2022 since beginning its monitoring late in the 19th century.
8 Apr
The earthquake in Turkey destroyed 230,000 buildings or made them uninhabitable, according to official figures. Many people of Turkish origin in Germany have seen their retirement plans destroyed.
9 Apr
The biggest hole is for elderly and nursing care workers," she said. In other areas, such as the metal and electrical trades, there is not only a lack of skilled workers there is also a need for more experts and people with university degrees.
8 Apr
In Germany, more than 2.5 million people are looking for work. At the same time there is a shortage of almost 2 million skilled workers. How does that calculate and more importantly where is the shortage the worst?
8 Apr
The coalition government has launched a €49 monthly travel ticket to help ease the cost of living and promote the use of public transport. How revolutionary is it?
8 Apr
Switzerland to host the 2025 Women's European Championship, European soccer's governing body UEFA announce.
7 Apr
Germany will dodge a feared recession in 2023, according to a forecast by main German economic institutes. But they say inflation will remain high.
9 Apr
Germany's old-fashioned peace movement is increasingly divided on how to respond to the war in Ukraine. Their traditional Easter marches are growing less and less relevant to younger generations.
Latest
1 day ago
Ahead of the inauguration of Bola Ahmed Tinubu as the 16th President of the Federal Republic of Nigeria tomorrow, GuardianTV crew drove around Eagle Square, Abuja, and bring to you a live feed showing the level of preparation.
1 day ago
The 2020 murder of George Floyd focused attention on police violence in the United States. Though the officers involved are serving time in prison, efforts to address police racism remain stalled.
1 day ago
With microplastic pollution invading our oceans and the soil, few places have been spared. Could it also enter the food chain? Scientists in the Netherlands are beginning to uncover the tip of the iceberg – so far, with more questions than answers.
1 day ago
Syrian President Bashar al-Assad has been shunned internationally for over a decade, due to the brutal repression of anti-government protesters and the use of chemical weapons by his regime during the country's civil war. Despite numerous reported atrocities, the leader has clung onto power with the sole support of two major powers: Iran and Russia.
1 day ago
Extra tuition costs take a large bite out of family finances and are a contributing factor to families choosing to have only one child.