Germany Raises Minimum Wage to 12.41 Euros
The statutory minimum wage will first increase by 41 cents, as recommended by the Minimum Wage Commission. Social organizations had called for an increase of […]
Category: Economy
Austria has less packaging waste as a result of inflation
Due to inflation, Austrians segregated somewhat less packaging trash in 2022 than the previous year. The quantity collected by Altstoff Recycling Austria (ARA) decreased by […]
Why does Germany require a federal collective bargaining agreement?
Employees in collectively negotiated firms earn more, although collective bargaining coverage is dropping in Germany. The ruling coalition intends to take counter-measures. Bremen demonstrates how […]
German government to introduce inflation bonus
The German government proposes to implement a €300 one-time inflation incentive for all employees earning less than €40,000 per year. The payment is meant to […]
Austrian OMV Annual General Meeting votes on discharge of Rainer Seele
For many minutes today, activists disrupted the commencement of the OMV Annual General Meeting, while other shareholders booed and screamed “out.” They condemned OMV for […]
A US Debt Default Would Devastate the Global Economy
Even though President Joe Biden and the Speaker of the United States House of Representatives, Kevin McCarthy, reached a deal to raise the debt ceiling […]
Analysis: Germany’s status as a country of inventors is at risk
The DIHK’s business survey shows no signals of a new beginning. Interest rates are increasing, and China’s economy is slowing. Depreciation should be simplified, and […]
India Scraps Rs 2000 Note: What Does It Mean for the Economy?
What the Indian Economy Can Expect Following the Disposal of Rs. 2000 Notes Reserve Bank of India (RBI) A decrease in the amount of currency […]
Only one-third of Russians are aware of their future pension
Russians have limited understanding of how various social benefits are computed. The most common concerns are regarding how maternity benefits and pensions are calculated. After […]
Are Turkish Banks Ready For a Post-election Rate Hike?
Fitch indicated in its research issued yesterday that if Turkey implements a restrictive monetary policy, the impact of the TL interest rate hike on Turkish […]
