Terrorism, air-traffic-control strikes and Brexit have caused a sequence of shocks that have hit demand causing European airlines have been forced to slash ticket prices to fill planes, the Wall Street Journal reported today. Earnings expectations have been scaled back. “You have more terrorist events this year than in any year that anyone can remember,” said Carolyn McCall, chief executive of budget airline easyJet PLC.

Moody’s Investors Service warned of a 62 percent rise in the deficit of the Bank of Ireland’s defined benefit funds, partly due to the outcome of the Brexit vote, is credit negative for the bank, Pensions & Investments reported yesterday. In a credit outlook note yesterday, Moody’s analysts cited a larger pension fund deficit, which hit €1.2 billion ($1.3 billion) as of June 30, up from €740 million as of Dec.

The last overhaul of the pension system walloped Poland’s stock market, but the former banker charged with overseeing a new revamp says he is confident he can avoid a repeat, Bloomberg News reported today. “One of our aims is to strengthen the Polish capital market and make the bourse more attractive for companies seeking debuts,” Pawel Borys, who heads the state-run Polish Development Fund, said last week.

The International Monetary Fund downgraded its forecast for global economic growth as Britain’s surprise vote to leave the European Union last month weighs on consumer confidence and investor sentiment, the Wall Street Journal reported today. The IMF notched down its global growth estimate for this year and next by 0.1 percentage point, putting 2016 at 3.1 percent and on par with last year’s pace, the slowest since the financial crisis. The fund expects a mild pickup next year to 3.4 percent annual growth.

The European Union’s highest court ruled that Slovenia broke no laws when it imposed so-called “burden-sharing” in the 2013 banking rescue that wiped out about 600 million euros ($664 million) of bondholder debt, Bloomberg News reported today. The ruling may lend support to the euro member’s central bank, led by Governor Bostjan Jazbec, after it was raided by Slovenian police earlier this month on suspicion of wrongdoing during the bank rescue.

Close economic partners of the U.K. have braced for a wave of possible fallouts after British voters sided with leaving the European Union: fewer of their workers in the U.K. and lower exports of machines and luxury cars, among other threats. But no country has more at stake than Ireland, whose economy is connected to the U.K. in unusually intimate ways. So in the wake of Brexit, Ireland is eyeing similarly close relations across the Atlantic — with corporate America, the Wall Street Journal reported today.

The Czech corruption police investigate the financial management of the OKD black-coal mining company, which was declared insolvent in May and has debts worth billions of crowns, the Czech News Agency has found in the insolvency register. Detectives from the Squad for Uncovering Organised Crime (UOOZ) are looking into suspicious transactions of OKD and the owner of the NWR Holdings B.V., which owns OKD. The police have asked for documentation on OKD financial management, according to OKD insolvency administrator Leo Louda.

Britain’s housing market has taken a post-referendum nosedive with a sharp drop in purchase inquiries at estate agents, a reduction in sales agreed and expectations of falling prices. In its latest survey of estate agents and surveyors, conducted after the June 23 vote to leave the EU, the Royal Institution of Chartered Surveyors found a “marked drop in activity in the housing market”, the Financial Times reported. The monthly survey is a leading and closely watched indicator of house prices and economic activity related to moving home.

The biggest bank in Europe’s most robust economy may seem an unlikely victim of Brexit. Yet in the fortnight after Britons voted to quit the European Union Deutsche Bank’s share price tumbled by 27%—putting Germany’s biggest lender in the unexalted company of British and Italian banks, The Economist reported. On July 7th it slid to €11.36 ($12.58), a record low. The price has since clambered back towards €13. But Deutsche still trades at only a quarter of the supposed net value of its assets—far behind its peers.

As the political chaos after Britain’s vote to leave the European Union starts to subside, one of the most pressing issues for the country’s new leader is how to keep doing business with the bloc’s vast single market of 500 million consumers. Many are pointing to fjord-flecked Norway as a possible model for the way forward, the International New York Times reported. Theresa May, who became Britain’s new prime minister on Wednesday, has said she wants to get the best deal possible to safeguard the country’s industrial base and its services industry.