News
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08.01.2015
The Other Side of Low-Cost Air Travel
The two-week strike staged in September by Air France pilots in protest against the expansion of the airline’s low-cost subsidiary, Transavia, illustrates the impact of this increasingly widespread model on labour legislation and social protection.
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13.02.2014
Major European banks benefit from 48 billion euros ’implicit’ subsidies
European banks benefit from a “financial support” worth 200 to 300 billion euros every year, thanks to ’implicit subsidies’ provided by the states. The equivalent of 1.5% of the European GDP and almost twice the European Union’s annual budget! These are the conclusions drawn from a study carried out by the independent finance expert Alexander Kloeck at the request of Green MEPs.
- 27.06.2013 Public subsidies for companies: $456,000 on average to create a job
