Official European currency – The euro was first introduced 20 years ago on January 1, 2002. It was put into circulation in 12 EU countries, including Belgium. Although a long time has passed since then, 17 billion Belgian francs remain in the hands of the Belgians, which is equivalent to 426 million euros. “Every day…
In 2021 German insurance companies paid the highest compensation compared to the previous 40 years. The companies spent 12.5 billion euros to compensate for the damage caused by natural disasters. A statement from the German Insurers’ Association, GDV, said: “The statistics have been recorded since the 1970s and 2021 has been the most expensive year,…
Delivery companies recently created new economies in both Europe and the world. It is a particular platform that connects the employer and the potential employee and is characterized by quite flexible conditions. Regardless of its definition, the same scope is carried by well-known taxis, catering, and other similar services. Companies look for employees that will…
The European Commission will no longer renew long-term contracts for natural gas imports from 2049. According to Bloomberg, the EU will decide to end such practices as part of the green energy transition. Due to the agency’s information, this initiative is very unprofitable for Russia, which is the largest supplier of natural gas in Europe….
According to the Spanish National Institute of Statistics (INE), inflation approached a 29-year high in the country. The main reasons for this are the rise in food and fuel prices. In November, prices increased by 5.6 %. For comparison, prices increased by 5.4 % in October. According to statistics, the inflation rate in September 1992…
The EZ10, a self-driving car designed by EasyMile, was allowed on French roads. As a result, it became the first self-propelled vehicle in Europe to gain authorization for traffic on conventional roads. EasyMile introduced the EZ10, called the Gearbox, to the public in 2015. The company has tested it in more than 30 countries around…
A new tax will soon be required for non-EU citizens to enter the Schengen area from 2022. According to Euronews, any passenger other than those living in the Schengen area will have to pay the tax when entering the Schengen area. According to the publication, those who are citizens of EU member states but do…
The European Union will present a strategy next week to allocate € 40 billion to develop the technological infrastructure. Bloomberg agency writes about this based on the relevant document. Brussels intends to oppose China’s economic initiative – “One Belt – One Road”. According to the agency, the EU’s new strategy is called the Global Gateway….
On November 8, gas prices increased again in Europe. The reason was the information spread by traders that there is no sign that Russia will increase exports to Europe. At the end of October, Vladimir Putin instructed Gazprom to pump extra fuel into gas depots in Germany and Austria, which, at first glance, was good…
According to Reuters, Leaders of the world’s 20 largest economies have backed an agreement on a minimum global corporate tax that aims to eliminate tax evasion of big businesses. The Minimum Corporate Tax Transaction is a coordination agreement under which large corporations will face a minimum of 15 % tax from 2023. As a result,…
