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Cost of Living in Europe Smashes All-Time High
EU forced to admit that price hikes are not as temporary and benign as previously said.
Inflation across the Eurozone surged to 5.1% in January from 5% in the previous month, despite optimistic expectations for a sharp drop to 4.4%, data from Eurostat showed on Wednesday. Inflation is now more than twice the ECB’s 2% target.
The latest growth reportedly reflects the hottest rate of inflation across...
Macron begins shutting down Nuclear Power Plants rising electricity prices
French President Emmanuel Macron has said the country will move more slowly than promised to cap the amount of energy it derives from nuclear energy.
Amid daily protests about high energy prices, Mr Macron said France will shut down 14 nuclear reactors by 2035 out of 58 now in order.
He said France would cap the amount of electricity it derives from nuclear plants at 50 per cent by 2035, which is...
Strict Immigration Laws Save Denmark Billions of Euros
Denmark’s strict immigration laws have saved the country 6.7 billion euros, a government report has claimed. Even though Denmark already has some of the toughest immigration laws in Europe, right-wing patriotic politicians are now trying to make them even more restrictive.
Denmark’s strict immigration laws have saved the country billions in benefits, a government report has said. The Integration...