Swiss voters on Sunday overwhelmingly rejected an initiative that would have introduced the highest minimum wage of 22 Swiss Francs (about US$ 25) an hour in the world. The Minimum Wage Initiative, which had been proposed by the ..
The debt-battered south-eastern European countries are beginning to step back into the focal point of financial markets. The badly tarnished economies, having been avoided by investors since the beginning of the sovereign debt ..
Millions of Europeans can’t make ends meet, even when fully employed, reports a new study by the European Trade Union Institute (ETUI). About thirteen million Europeans fall below the EU’s poverty line while having ..
Fresh estimates for the first quarter of 2014 suggest that the eurozone’s gross national product (GDP) rose by 0.2 percent between January and March, while EU28’s GDP went up by 0.3 percent. The increases in GDP are better ..
French plan to deliver two warships to Russia despite its actions in Ukraine have attracted strong criticism by the United States, with US State Department’s spokeswoman Jen Psaki telling the journalists that “we have ..