The Greek parliament has passed the law to cut pension spending and transfer control of public utilities to a new asset fund. The reforms sought by the country's creditors may help unlock €2.8 billion from Greece’s €86 billion bailout program. Read more.
Airbus on Tuesday unveiled plans to shed 15,000 jobs within a year, including 900 already earmarked in Germany, saying its future was at stake after the coronavirus outbreak paralysed air travel. Read more.