Economy
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VAT is a regressive tax, putting more burden to the poor than to the rich. Indeed, VAT applies the same rate to everyone regardless of their level of wealth – but the richer you are, the lower the proportion of your revenue goes to consumption. VAT cancels out one-third of the effects of fiscal redistribution.
April 29, 2021
With its "farm to table" strategy, the European Commission aims to reduce the use of pesticides and fertilisers and at the same time increase organic production by 2030. But how?
April 27, 2021
Eurostat data from 2019 show that in Europe, on average, 32 percent of workers employed in the Cultural and Creative Industry were self-employed. In some countries this percentage reaches almost 50%. The EU is pumping money into the CCI, but that won't be enough for a sector that structurally hinges on precarious working relationships.
April 26, 2021
Due to COVID-19, the economic losses of the European Cultural and Creative Industry (CCI) businesses will add up to billions of Euros. The EU stepped in with a top-up of its flagship Creative Europe programme. But pumping more money into the system won’t do. In many EU countries, the crisis has highlighted structural inequalities within the sector. And workers have started to mobilise.
April 26, 2021
Due to Brexit and multiple lockdowns, hundreds of thousands of expats have left Britain in 2020.
April 21, 2021
The European recovery plan is in a bad state. Already criticized for its slow implementation, the European Union now faces another issue with Germany, as the German Constitutional Court suspended on March 25 the ratification process of the "Next generation EU" plan at the national level.
April 19, 2021
Climate change-related extreme events have seriously damaged the countries of the European Economic Area, accounting for loss of almost 3 percent of GDP for each country per year, according to a new report by the European Environment Agency.
April 16, 2021
A study has revealed the negative impact of e-commerce on employment, counting the number of jobs created and destroyed.
April 7, 2021
The United States are spending more money and more rapidly to support their economy than the Europeans are doing. And even if Biden's relief plan will result in higher imports, it is not the eurozone that will benefit the most from it.
April 6, 2021