Volotea in Greece.
Spanish low-cost carrier Volotea announced it will be using Athens International Airport as a hub as of spring, when it will start operating scheduled flights from the Greek capital to four destinations in Italy and even a do-
Eurozone bond yields fell yesterday after data showed modest and patchy third-quarter growth in the currency bloc, keeping intact bets for more easing from the European Central Bank. Greek yields fell the most, though moves there are exaggerated by thin liquidity, down 13 basis points at 8.06 percent after the economy posted three consecutive quarters of growth this year, emerging from its worst recession since World War Two.
had been hit hard by a weak US housing market and the Greek debt crisis, but its fortunes began to improve last year, helped by the resumption of a major Greek highway project and a recovery in the United States. Net profit rose to 27.6 million euros in the third quarter from 7.2 million in the same period last year. A weaker euro against the dollar and the Egyptian pound led to foreign exchange gains of 21 million euros in the quarter, Titan said. Last year, it had currency losses of 4.5 million euros. Sales rose by 2 percent to 308.5 million euros, with growth in the United States and Greece more than offsetting a decline in Egypt, where natural gas supply shortages hurt the operation of its plants. mestic service. Volotea chief executive Carlos Munoz stated in Athens that the airline will fly from Athens to Venice, Bari, Palermo and Pisa as well as to Santorini, starting from April. The airline has been operating charter flights to 10 Greek airports since 2012, has brought over 190,000 passengers and is also planning to expand to the airports of Thessaloniki and Zakynthos.