Germany Issues Chilling Warning: 'This May Be Europe’s Last Peaceful Summer'
Germany’s defense minister Boris Pistorius warned that Russia could regain enough military strength to target a NATO member state before 2029
Airbus will Lay Off more than 2,000 Employees
Business | February 20, 2020, Thursday // 13:10
- Tweet
Send to Kindle
www.pixabay.com
Airbus will cut 2362 jobs in its defense and space division by the end of 2021 due to stagnation of the space market and delay of several defense contracts. This was announced by the European aircraft maker today.
At an intra-departmental meeting of Airbus, the company announced that it plans to cut 829 jobs in Germany, 630 in Spain, 404 in France, 357 in the UK and 142 in other countries, the group said in a statement.
The terms of these job cuts (age-dependent measures, internal reorganization or layoff plan) will be discussed in future talks with representative organizations, an informed source pointed out.
Related Articles:
Macron, Zelensky Strike Defense Deal Paving Way for 100 Rafale Fighter Jets
Ukrainian President Volodymyr Zelensky and French President Emmanuel Macron signed a declaration on Nov. 17 that sets out a long-term framework for cooperation in the defense sector
Memorials and Tributes Mark 10th Anniversary of the Paris Massacres
France is set to mark the 10th anniversary of the November 13, 2015 terror attacks in Paris, in which over 130 people were killed and more than 400 were injured
Former German Foreign Minister Admits Misjudging Putin Was Berlin’s 'Biggest Political Mistake'
Former German Foreign Minister Sigmar Gabriel has described Germany’s misunderstanding of Russian President Vladimir Putin’s intentions as one of the greatest failures in the country’s foreign policy
German General Warns: Russia Could Strike NATO Territory at Any Moment
Russia currently has the capacity to carry out a limited strike on NATO territory at any time, although whether it will do so depends largely on the stance of Western allies
New Rheinmetall Ammunition Plant Breaks Ground in Lithuania, Second Project Under Discussion
Germany’s defence company Rheinmetall, together with Lithuanian partners, has begun construction of a major ammunition plant in northern Lithuania
VAT and Corporate Tax Revenues Significantly Lag Behind Budget Plans
With two months left until the end of the year, the collection of some of the main taxes is significantly lagging behind the targets set in the budget.
What Changes When Bulgaria Switches to the Euro Next Year
Beginning on January 1, 2026, Bulgaria will adopt the euro as its official currency
OECD: Strong Consumption and Rising Incomes Keep Bulgaria’s GDP On Track
The latest assessment from the Organisation for Economic Co-operation and Development suggests that Bulgaria will maintain solid economic momentum this year
Bulgaria’s Unemployment Rate Holds Steady Below EU and Eurozone Levels
Bulgaria continues to report one of the lowest unemployment levels in the European Union, maintaining a stable labor market despite broader economic pressures and the nearing adoption of the euro
Business | December 7, 2025, Sunday // 10:20
Bulgaria: Modest 0.7 Percent Growth in GDP per Employee in the Third Quarter
The latest preliminary figures from the National Statistical Institute show that Bulgaria’s gross domestic product per employee rose in real terms by 0.7 percent in the third quarter of 2025
Business | December 7, 2025, Sunday // 10:05
BREAKING: Drone-Struck Russian Tanker Almost Crashes on Bulgarian Coast
A Russian-flagged tanker, identified as the KAIROS, has run aground near the Bulgarian coast close to Ahtopol following a drone attack by Ukraine in the Black Sea
Business | December 5, 2025, Friday // 20:33
