Tag #Economic Policy

taz.de
🌐 85% Global Worthiness
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Massive CEO-Worker Pay Gap Fuels Economic and Social Instability in Europe

The European Trade Union Confederation (ETUC) reports that CEOs in Europe's largest companies earn 110 times more than average workers (€4,147,440 vs €37,863 annually), warning this fuels economic instability and undermines democratic institutions; they advocate for stronger collective bargaining an...

Progress

64% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Spanish Fuel Subsidy: €1.073 Billion Lost to Inefficiencies

A Spanish government study reveals that only 15 of the 20 cents per liter fuel subsidy reached consumers, with €857 million going to oil companies and €216 million back to the state through VAT, highlighting inefficiencies in the €4.25 billion plan.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spanish Government Proposes 4.4% Minimum Wage Increase, Facing Union Opposition

Spain's Ministry of Labor proposed a €50 increase to the 2025 minimum interprofessional salary (€1,184), a 4.4% rise, but unions rejected it, demanding around €1,200, while employers remain undecided, creating uncertainty for a tripartite agreement.

Progress

44% Bias Score

No Poverty
politico.eu
🌐 85% Global Worthiness
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Merz Vows to Scale Back Climate Policies to Boost German Industry

Germany's likely next chancellor, Friedrich Merz, plans to scale back climate policies to boost industrial competitiveness, potentially reversing billions of euros in investments and jeopardizing Germany's leadership in green technologies, while facing opposition from other parties.

Progress

48% Bias Score

Climate Action
elpais.com
🌐 85% Global Worthiness
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Argentina's Inflation Plummets Under Milei, Reaching Lowest December Rate Since 2018

Argentina's inflation rate plummeted from 211.4% in 2023 to 117.8% in 2024 under President Milei's new economic policies, despite high poverty and uneven economic impacts; the monthly rate dropped from 25.5% to 2.7% in the same period, with the lowest December inflation since 2018.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Irish Coalition Government Secured, High-Spending Economic Policy to Continue

Ireland's Fianna Fail and Fine Gael parties formed a new coalition government with 95 seats after negotiating with independent lawmakers, securing a comfortable majority and planning to continue their high-spending economic policies despite potential threats from U.S. trade policies.

Progress

32% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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Brazil Revokes Pix Monitoring After Misinformation Campaign

Brazil revoked a measure increasing Pix transaction monitoring over R$5,000 due to misinformation campaigns causing a 15.3% drop in Pix transfers; a new measure will prohibit extra charges for Pix and reinforce bank secrecy.

Progress

48% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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Germany's Economy Contracts for Second Consecutive Year Amidst Multiple Challenges

Germany's GDP contracted by 0.2% in 2023, following a previous decline; economists foresee weak recovery, while various factors—energy crisis, Chinese competition, and political uncertainty—contribute to the economic downturn, impacting consumer spending and industrial production.

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 90% Global Worthiness
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AfD Flyer Stunt Underscores Risks in Germany's Upcoming Election

German police are investigating the AfD's distribution of 30,000 fake deportation notices to immigrants, highlighting the party's rising popularity (21% in polls) ahead of next month's crucial snap election, where CDU leader Merz's skepticism towards green targets and economic liberalism pose signif...

Progress

56% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 85% Global Worthiness
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Social Security's Solvency Shortened by Recent Legislation

The Social Security Administration's projected 2035 depletion date for its combined funds has been accelerated by six months due to recent legislation increasing benefits for nearly 3 million recipients without addressing funding, highlighting concerns about the program's long-term solvency and impa...

Progress

52% Bias Score

No Poverty
lefigaro.fr
🌐 85% Global Worthiness
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France Plans €30 Billion in Spending Cuts for 2025 Budget

The French government, led by François Bayrou, plans €30 billion in spending cuts for its 2025 budget, avoiding tax increases for middle and lower classes, to reduce the public deficit to 5.4% of GDP and address France's high public debt.

Progress

48% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
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France Cuts Livret A Interest Rate to Boost Social Housing

The Banque de France Governor proposed lowering the Livret A interest rate to 2.4% and the LEP rate to 3.5% on February 1st, 2025, aiming to boost social housing and local authority financing, impacting 57 million Livret A holders and 11.8 million LEP holders.

Progress

40% Bias Score

Reduced Inequality