Tag #Income Inequality

Showing 49 to 60 of 87 results

kathimerini.gr
🌐 75% Global Worthiness
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Greek Minimum Wage Increase Limited by Lack of Collective Bargaining

Greece's minimum wage will increase by €40-€50 on April 1st, 2025, but the effect on middle-income earners is limited due to a lack of collective bargaining agreements, low overall wages, and inflation; new collective agreements are considered crucial for substantial income growth.

Progress

36% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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German Poverty Risk Falls, Low-Wage Sector Shrinks: DIW Study

A recent DIW study shows that despite initial wage losses (1995-2012), German real wages rose 18 percent overall by 2022, with lower income groups gaining most; this is despite recent inflation-induced losses.

Progress

44% Bias Score

No Poverty
welt.de
🌐 75% Global Worthiness
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German Wealth Inequality: Record High National Wealth Masks Widespread Savings Shortages

A recent ING survey reveals that while Germany's private household wealth reached a record €9.004 trillion in Q3 2024, 23.5% of 1,000 respondents reported having no readily available savings, primarily due to low income and increased living costs; this is down from over 30% five years prior.

Progress

36% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Spain Raises Minimum Wage 4.4% Amidst Taxation Debate

Spain's minimum wage rises 4.4% to €1,184 monthly in 2025, impacting nearly 3 million workers retroactively from January 1st, following a government-union agreement, while taxation remains debated.

Progress

56% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Spain's Tax Revenue Rises, But Inequality Remains High

Spain's 2022 tax revenue rose 11.2%, but its redistributive capacity decreased to a six-year low, reducing inequality by only 32.5% due to weakening progressive income tax, regressive indirect taxes, and decreased monetary benefits.

Progress

24% Bias Score

Reduced Inequality
fr.euronews.com
🌐 85% Global Worthiness
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European CEO Pay Gap Reaches 110x Average Worker Salary

A Mercer report reveals that in 2023, CEOs of Europe's top 100 companies earned a median total compensation of €4.15 million—110 times the average EU worker's salary—with significant variations across countries and a call from the ETUC for fairer compensation.

Progress

64% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Spain's Minimum Wage Increase Taxed: Unveiling Fiscal Imbalances

The Spanish government raised the SMI to £16,576 annually (effective January 1st, 2025), benefiting 2.4 million workers (12.9% of the total, 65.8% women). However, this increase is subject to income tax for the first time, reducing the net increase to 2.5%, lower than the 2.8% inflation rate, sparki...

Progress

60% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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Spanish Wage-Productivity Gap: Accounting and Working Hours, Not Just Productivity

Analysis of Spanish economic data from 1995 reveals a divergence between real wage growth and productivity, explained by accounting differences (deflators, remuneration vs. wages), and a 5.4% decrease in average weekly working hours, not solely a lack of productivity gains.

Progress

32% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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German Household Wealth at Record High, Yet Significant Portion Lack Savings

A recent ING survey reveals that while German household wealth reached a record high of €9.004 trillion in Q3 2024, 23.5% of households lack savings, primarily due to low income and rising living costs; however, this number is down from over 30% five years prior.

Progress

52% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Spain's Tax System Shows Inequality: Richest 1% Pay Less Than Poorest 20%

Analysis of 2022 Spanish tax data reveals that the wealthiest 1% paid a 24.1% effective tax rate, far lower than the 27.5% paid by the poorest 20%, highlighting a significant distortion in the country's progressive tax system.

Progress

52% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
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Biden Warns of Growing Oligarchy, Citing Trump-Tech CEO Alliance

President Biden warned of a growing oligarchy in America, citing the close ties between President-elect Trump and powerful tech CEOs, raising concerns about undue influence on government and potential threats to democracy; experts say this is 'oligarchy 2.0'.

Progress

52% Bias Score

Reduced Inequality
euronews.com
🌐 85% Global Worthiness
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Massive CEO-Worker Pay Gap in Europe

CEOs of Europe's top 100 companies earned a median of €4.15 million in 2023, 110 times the average EU worker's €37,863 salary, highlighting a vast wealth gap, with Germany's CEOs having the highest median salary at €1,455,000.

Progress

56% Bias Score

Reduced Inequality

Showing 49 to 60 of 87 results