The world’s biggest public sovereign wealth fund revealed this week that it is planning for the first time to target overpaid executives at companies in which it holds investments.
The UK employs 1.6 million EU workers who have better chances than native workers of being employed on a full-time basis. That is the finding of the Social Market Foundation, a think-tank, in a study of the potential impact of Brexit on…
Young people should receive more financial support from the EU budget, mainly in areas such as education and training. That is the claim made at an event called “The Youth Voice in the EU Budget”, hosted by MEPs, the European Youth…
Spanish lenders announced they will have to lay off thousands of workers as profits shrink. Banco Santander SA, the biggest bank in the eurozone, agreed with unions to shed 1,380 jobs through early retirements and voluntary departures, and shut down 450 branches in the…
The International Monetary Fund has recommended Germany to undertake changes to its labour market to take into account the ageing of its population and the abuse of marginal low-paid jobs, often referred to as mini-jobs.
An easing of the rules on working hours and dismissal compensation — seen as a rollback of worker protection rights — is now being debated by France’s national assembly. The measures are sticking points amongst the roughly 5,000…
A further revamp of labour markets is advocated by the European Commission (EC)in its spring forecast, especially in the euro area where the prospects for growth are lower than expected. Persistently high levels of…
More Europeans are working part-time, according to European Commission findings that monitor trends over an eight-year period. The increase is due to involuntary part-time work, i.e. where staff take up part-time work on a take-it-or-leave-it basis, and it is a formula…
