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Tag: purchasing power

EU finance chiefs urge pay restraint - 07 April 2008 - News

As trade union members gathered in their thousands to demand wage rises in the face of rising prices, EU finance ministers warned that excessive pay hikes risked fuelling spiralling inflation.

Big Mac index: the euro, indeed, is overvalued - 14 June 2005 - News

The euro is overvalued against the US dollar by 17%; the Swiss franc is still the most overvalued currency; and in the EU-10, Hungary remains the most expensive country - or so says the Economist's latest 'Big Mac index'.

New VAT rules for gas and electricity - 09 October 2003 - News

A new Directive changes the rules for VAT on gas and electricity and aims at improving the operation of the internal energy market.

Blackouts in Italy: Commission calls for improvement of grid infrastructure - 29 September 2003 - News

Following the blackouts in Italy on 28 September, Energy Commissioner Loyola de Palacio emphasised the importance of a single energy market to improve grid infrastructure and security of electricity supply.

Purchasing power: GDP versus disposable income - 20 June 2003 - Analysis

The study concludes that in Central and Eastern Europe, the share of GDP redistributed to households by the State is larger than in the EU.

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