Due to the COVID-19 global outbreak, industry digitization has entered a new phase of explosivedevelopment —a sign of the market's strong resilience and its great potential for growth

Russian Prime Minister Mikhail Mishustin signed a decree on the allocation of 10.9 billion rubles ($152 million) to support country's airports in the light of a decrease in passenger traffic caused by the coronavirus pandemic, the government's press service said on Saturday

The International Monetary Fund (IMF) will sign a deal with Ukraine on a $5 billion loan and unlock the first $1.9 billion tranche on June 5, Prime Minister Denys Shmyhal said Friday

EU Commissioner for Economy Paolo Gentiloni unveiled a 75 billion euro ($83 billion) investment scheme on Friday that would double the EU budget guarantee to boost the resilience of critical industrial supplies

The French government plans to allocate an additional 1 billion euros ($1.1 billion) to support local authorities in their effort to carry out an ecological transition as a part of a "massive and unprecedented" aid strategy to maintain the "communal bloc," which has been hit hard by the coronavirus crisis, French Prime Minister Edouard Philippe announced on Friday

Executive Vice-President of the European Commission Margrethe Vestager presented on Friday at a press conference the Solvency Support Instrument aimed at helping businesses across Europe amid the coronavirus pandemic

German flag carrier Lufthansa reserves the right to file for bankruptcy if negotiations with the government over a multi-billion coronavirus-related emergency assistance package fail to result in a consensus, German media reported on Friday, citing the airline's steering committee

The European Commission said on Friday in a press release that it approved a loan worth 500 million euros ($557 million) to Ukraine as part of its fourth macro-financial assistance (MFA) program, which is the largest amount of money the EU has ever allocated to a single partner country

Turkey's gross domestic product (GDP) has risen by 4.5 percent year-on-year in the first quarter of 2020 and reached 1.07 trillion Turkish liras ($176.1 billion), the Turkish Statistical Institute (TurkStat) said in a press release on Friday

Global economic system based on exploitation of unfortunate, Developed nations not doing enough