costofliving
Earlier in April, almost all member states signed the declaration of La Hulpe, together with the EU institutions and the Belgian presidency, as a strong signal of the importance of social policy and the European Pillar of Social Rights. But just days ago, the European Parliament ratified a new set of fiscal rules that the Council agreed upon last December, which signals a troubling return toward austerity measures. If you remember when governments across Europe slashed budgets, cut services, and generally made life harder for everyone, then you know why many are alarmed by this change in polic...
Euronews (English)
Heineken, the world's second-largest brewer, has beaten expectations with the news that it sold 4.7% more beer in terms of volume during the first three months of 2024, compared with the same quarter in 2023. The rise, announced on Wednesday, surpasses analysts' expectations of 2.5% and follows a period of subdued demand. Heineken last year decided to raise prices in response to increased manufacturing costs - - sales figures consequently tumbled. Baltika takes Carlsberg to court in latest in long-running Russia rowMeet the companies creating a ‘city of the future’ inside Berlin’s Tegel Airpor...
Euronews (English)
Strikes called by Greece’s largest labour union on Wednesday halted ferries, disrupted public transport services and left some state-run hospitals running on emergency staffing levels in Athens and elsewhere. The General Confederation of Greek Labor, GSEE, led the strikes to demand the restoration of collective bargaining rights that were axed more than a decade ago during a severe financial crisis. Unemployment hit a record high of more than 27% in 2013, and has been dropping in the years since. However, it crept up to 11% in February, its highest level since August 2023. In Athens, protester...
Euronews (English)
SACRAMENTO, Calif. — Nearly a half-million health workers who stand to benefit from California’s nation-leading $25 minimum wage law could be in for a rude awakening if hospitals and other health care providers follow through on potential cuts to hours and benefits. A medical industry challenge to a new minimum wage ordinance in one Southern California city suggests layoffs and reductions in hours and benefits, including cuts to premium pay and vacation time, could be one result of a state law set to begin phasing in in June. However, some experts are skeptical of that possibility. The Califor...
Kaiser Health News
SACRAMENTO — Nearly a half-million health workers who stand to benefit from California’s nation-leading $25 minimum wage law could be in for a rude awakening if hospitals and other health care providers follow through on potential cuts to hours and benefits. A medical industry challenge to a new minimum wage ordinance in one Southern California city suggests layoffs and reductions in hours and benefits, including cuts to premium pay and vacation time, could be one result of a state law set to begin phasing in in June. However, some experts are skeptical of that possibility. The California Hosp...
California Healthline
The skyrocketing prices of goods are the top priority for Greek voters, according to all polls ahead of this year's all-important European Parliament elections. Greece's average growth rate is more than 2%, one of the highest in the Eurozone, and the government is praised for its fiscal policies by all European institutions. However, the measures taken against inflation in the food category don't seem to have an impact for consumers. The Hellenic Statistical Authority has just reported that inflation in the food category stood at 5.3% in March, up from 3.1% in February. Figures like this mean ...
Euronews (English)
“I'm building something with purpose and I even get goosebumps when I share it with you,” says solar entrepreneur Wouter Draijer. Born in New York and raised in Amsterdam, the 29-year-old is CEO and co-founder of SolarMente - a company aiming to change the way people consume and distribute energy in Spain. Its subscription service allows homeowners and businesses to install solar panels with no upfront cost - a model that has attracted investment from Hollywood star Leonardo DiCaprio and US technology startup accelerator Y Combinator. Euronews Green spoke to Wouter about his company’s mission ...
Euronews (English)
PR company Reboot Online crunched the numbers from datasets of 32 European countries and found Norway is the best European country for females to work. The Scandinavian country snagged the top spot based on data from the European Institute for Gender Quality (EIGC) and the World Economic Forum. Criteria is based on each country’s amount of 16–65-year-old women employed, the quality of maternity leave, how many females are in positions of power, and other factors. Where in Europe do you pay the highest capital gains tax?The ranking - Norway leadsNorway scored a 7.1 out of 10 in the analysis, tr...
Euronews (English)
Turkey is still grappling with stickier-than-anticipated inflation, with March 2024's year-on-year inflation print coming in at 68.5%, according to the Turkish Statistical Institute. This was the highest reading since November 2022, although slightly less than analyst expectations of 69.10%. However, it was still more than February's 67.07%. The increase in March's inflation number was mainly due to transport inflation increasing to 79.92% from 77.98% in the previous month, as well as utilities and housing prices rising 51.17% from 49.07% in February. Similarly, household equipment, furnishing...
Euronews (English)
Russia's year-on-year inflation rate for February climbed to a one-year high of 7.7%, hovering above analyst expectations of 7.6% The figures published by the Russian Federal State Statistics Service on Wednesday were quite a step up from January’s 7.4%. It was also almost double the 4% target set by Russia’s central bank. Additionally, core inflation touched a one-year high in February, at 7.6%, up from 6.8% in January. Month-on-month inflation stabilised slightly, clocking in at 0.7% in February, down from 0.9% in January. The escalation in year-on-year prices was mainly due to services pric...
Euronews (English)
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