" rise...is certainly good news, as it suggests that the downturn in sentiment came to a halt in May, and thus passed its trough in April," wrote Thomas Strobel, an economist at UniCredit.
Lufthansa surged 7.5 per cent after the German government approved a 9 billion euro package and a company spokeswoman said it would resume flights to 20 destinations from mid-June. French authorities reported the smallest daily rise in new coronavirus cases and deaths since before a lockdown began in mid-March, while Spain is set to reopen to international tourism from July, Prime Minister Pedro Sanchez said over the weekend.
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