Will the publication of salaries help gender equality in workplaces in Europe’?

If you are a woman working in Europe’, you are usually on average from a man for the same job. %You earn 15 less. This means that for every euro a man earns, the woman earns an average of 86 cents.

At the top, women in management earn almost a quarter less than men. CEOs of large companies in Europe’ only ’u is a woman. All of these ’ contributes to an even wider retirement deficit.

What makes the difference in pay between the sexes?

Women still take on most of the childcare, which means they often reduce their working hours. One-third of women and one-third of men in AB’ %8’i works part-time. This makes it difficult for women to move forward in their careers. There are also more women in low-wage sectors such as care and education.

The quarantines showed how deep-rooted these gender inequalities are; Most of the free child care is provided by women. They are also the ones most at risk of losing their jobs during the pandemic.

The European Pillar of Social Rights outlines the need for gender equality. To help close the gender pay gap, the European Commission is introducing wage transparency so companies will legally have to publish how much they pay their employees.

Esther Lynch is Deputy Secretary General of the European Trade Union Confederation ’ (ETUC). He gave us his insight into this wage transparency directive. She says this is a really important measure because women often assume that they have worked with their colleagues for decades and have the same pay, equal pay. Later, sometimes when you retire, or sometimes because of a news story, you find out that the person you think is doing the same job as you, receiving the same salary as you, is actually getting a lot more salary, ”.

At the end of the day, Esther says, what's needed is “, better laws about work of equal value.

AB’'s Pillar of Social Rights will help because it also calls for a Work-Life Balance with fair sharing of parental leave and the right to more flexible work. This has been adopted into EU law, and member states need to make it their own national law by 2022.

“One of the most important features we want to see in this directive is the provision that will end salary secrecy”.

Esther Lynch
ETUC Deputy Secretary General

One of the biggest factors holding women back in the workplace is the constant balance between work and home life. The data shows that Germany’ has one of the biggest pay gaps in Europe’. Despite having a female head of state for the past 15 years, she lags behind her European ​​ neighbors in terms of gender equality at work compared to countries where the rate of female employment is similar.

Women in the German labour market

Nadine Epplen is a lawyer and represents women in the hotel and restaurant industry. He himself says: “The problem is that even if employment contracts are arranged on a 40-hour per week basis, the employer can allocate the hours at any time. Of course, women with children cannot guarantee their availability.” In his job, he meets women who are fired and demoted because their working hours are not flexible enough.

Nadine Epple

The pandemic also aggravated problems with the sharing of family duties. Like Nadine and many of her clients, Germany is home to almost all of the women in the ’. ’si works part-time to take care of their families. This is well above the European average.

Nadine’in herself has two children and wants to work full-time, but this is not possible for her because “ nursery hours and school hours do not always correspond to working hours”.

To improve women's representation in the labour market, Germany, like other European countries, ’ needs to implement the European directive on work-life balance by 2022, which includes better access to parental leave and greater flexibility in the workplace.

Katharina Wrolich

According to economist Katharina Wrolich’e, joint income taxes need to be improved and access to career opportunities for both parents. Germany says ’ is transitioning from a single-income family model to a single-income family model. In his professional opinion, “Germany’ still needs to put a lot of effort into improving access to child care and quality, as well as working hours”.

GermanyOne of the areas where ’ performs well in terms of equality is the number of women who are members of the board of directors of publicly traded companies. Here it is %There are 36 women involved. However, in order to increase equality in this area, the country is also in the process of implementing quotas.

Hiltrud Werner

Hiltrud Werner is the only female board member of Volkswagen’. He told us that he personally welcomes quotas because he believes it will help employers stop missing people with high qualifications due to “ biases.

However, “ thinks that achieving one's career goals will not be free of charge. He admits he must make concessions to get to where he is today.

What about countries across the EU when it comes to exceeding the glass ceiling?

With the current rate of change, it will not be seen that the wage gap in Germany ’ will close until the next century; In ’, France, this could take more than 1,000 years. Some countries have been set for equal pay in this decade. Belgium is one of the pioneers in this regard.

Esther Lynch told us why she thinks ’ is better at this score than any other European country. Belgium says there are more union workers in ’. He believes this makes them confident when they ask “ questions, complain that they will not be charged, victimized and removed from the company, that they will not be expelled from the company as troublemakers.

Esther Lynch

But it tells us about a case where two equivalent jobs he recently encountered were significant pay gaps. He blamed it on gender inequality at work. He tells us that a large part of the “ wage gap is related to the work women do, and that this alone is seen as the justification for the lower wage.

The wage transparency initiative will go a long way to helping improve the gender pay gap, but European countries still have a long way to go. The hope for the future is that women don't have to compromise to get to the top.

Ukrainians have the right to work in Europe’, but how difficult is it to find a job?

The Ukrainians, who fled the war in ’'s countries, have the right to live and work in AB’ for up to three years.

This section of the ’ takes a look at the challenges Ukrainians may face when trying to find a job and asks the question: What does this refugee influx mean for Europe’'s workforce and economy?

Real Economy travels to ’, Austria, to hear the stories of two Ukrainian women who recently arrived with their children. We also ask Johannes Kopf’a AB’, head of the European Network of Public Employment Services, what he is doing to help Ukrainians find jobs.

Opportunities in the tourism sector

More than 40,000 Ukrainian refugees live in ’, Austria, with their children. A temporary residence permit allows these people to live and work in the country.

Natalia settled in the region of Carinthia in the south of the country, known for its mountains and lakes. Ukraine’da was a beautician. When he arrived at a local refugee centre, the hotel managers offered him accommodation and a job.

“I really like working here, says ”. “We signed a contract until September, then UkraineI will look at how the situation will develop in ’.”

There are currently around 60-70 people living here. And 29’u works for us in various departments: kitchen, restaurant, cleaning, construction services, child care. It's going pretty well. Of course there is a language barrier, but we can overcome it.

Alexandra Tiefenbacher
Director of Human Resources

AustriaThe tourism sector in ’ is growing rapidly, and since 2019’, the number of open jobs in the hospitality sector has doubled, many employers have not been able to find staff.

For manager Alexandra Tiefenbacher, it was an obvious choice to offer suitable rooms and vacancies for Ukrainian refugees for the summer season.

“Currently 60 to 70 people live here, says ”. “, and 29 of them ’u work for us in various departments: kitchen, restaurant, cleaning, construction services, child care. It's going pretty well. "Of course there is a language barrier, but we can overcome it." - ”

Natalia speaks a little English, which allows her to communicate with her colleagues. But it's hard to balance work commitments with the care of her 5-year-old daughter.

“Zor” says. There's a children's playroom here, but it closes at 4:30pm “. If I have a shift that ends at 11pm ’, I still have to find someone to babysit.

More than 7 million Ukrainians have left their country since the beginning of ’'s war in Ukraine, but an estimated 2 million have returned home. Mostly women and children.

They may face a variety of challenges in finding work, especially taking care of children and finding childcare or a school location. They may be experiencing severe trauma. Newcomers Ukrainians may not always speak the language of their new country and their qualifications may not be recognized.

Helping Ukrainians access jobs

To help with this, the EU provides language courses and training, as well as instructions in the Ukrainian language on how to access the job market.

The European Commission is helping EU employers understand and recognize qualifications in Ukraine’ and has translated Europass’ into Ukrainian’, where users create a resume for use across Europe.

It has also translated the EU Skills Profile Tool into Ukrainian. The tool helps map the skills, qualifications and work experience of refugees, migrants and non-EU nationals residing in AB’.

The European Commission is also launching a ‘AB Talent Pool’ to match the skills of Ukrainian refugees with open job positions.

Obstacles in other sectors

Austria’ does not have qualified personnel in other sectors such as health and informatics. However, although half of the Ukrainian refugees registered in the country have university degrees, these positions are difficult to access immediately.

Ganna Zhygun, a mother of three and a German teacher from Ukraine’, recently arrived in Vienna’.

“The most important thing for me was to find a school place for my three children, ” says. “Now that I've found this, I'm looking for a job.”

Ganna wants to work as a German teacher to help other refugees who do not speak the language, but her diploma is not recognized in ’, Austria.

“My training documents need to be translated, legally approved and recognized, ” explains. “This is a problem, it takes a long time.”

Ganna’ya, the staff of the business center established to help refugees in Vienna’, helps in this process.

In the business center, consultant Marjana Çelebi says “We accompany them to appointments. “We translate and help when needed. Our goal is to build an extensive network with all relevant partners so we can help as quickly as possible.”

Ganna Zhygun meets a business center consultant

I think we've learned a lot from previous waves of migration about what's really important for facilitating the transition to the labor market. And this is: language, education, recognition of qualifications. With all these elements in place, I think everyone can be welcomed.

Sandra Leitner
Senior economist, Vienna Institute for International Economic Studies

Ganna, meanwhile, receives a minimum wage and health insurance, just like other refugees registered in the Austrian ’.

The Vienna employment center is part of the Austrian Public Employment Service ’nin (AMS). Johannes Kopf, president of AMS’, is also head of AB’'s Public Employment Service network.

Johannes Kopf and Naomi Lloyd

Real Economy’den spoke with Naomi Lloyd about how managing the influx of Ukrainian refugees at European level is an important priority.

He explained how countries support each other and share their experiences.

Share best practices

Kopf, “The subject came up only a few days after the start of this terrible war, says ”. When our Polish colleagues informed the network that the first Ukrainians were coming and would need help. This has led to a really big wave of solidarity in public employment services all over Europe.

“There are some countries: Sweden, Germany, Austria have gained a lot of experience in the refugee crisis in 2015/16 and beyond. For example, to organize the process of recognition of skills or how to organize individual skill mappings in their mother tongue.”

He explained that currently arriving refugees have special needs that are different from previous refugee crises.

“Most of those who come now are women with young children, and of course they have different needs. Most importantly, child care is needed. Austria’ needs to organize a sufficient number of places in schools, kindergartens, etc. The next step is to enter the job market.”

The European Network for Public Employment Services plays a key role in matching the skills of newly arrived Ukrainians with the needs of the labor market and has made clear its solidarity with Ukrainians and its commitment to supporting those fleeing the war.

Yes, it is better to integrate all these people instead of paying them outreach benefits. But first and foremost, this is a human problem.

Johannes Kopf
President, European Network for Public Employment Services

How can Europe overcome the challenge of successfully integrating Ukrainian refugees?

Real Economy posed the question to Sandra Leitner’e, an expert on migration movements at the Vienna Institute for International Economic Studies.

If it's just about labor market integration, not taking into account the cultural aspect and political response, I think we've learned a lot from previous waves of migration about what's important to facilitate the transition to the labor market, “ says.

“And these are: language, education, recognition of qualifications. I think anyone can be welcomed when all these elements are present.”

According to Johannes Kopf’, helping Ukrainians integrate means, above all, solidarity with refugees.

Asked how newcomers from Ukraine’ could help with skills and labor shortages at AB’, he replied:

“Of course, there are open positions and companies that really work hard to find skilled staff and hope to find IT professionals from, for example, Ukraine’. Oh, of course.

But I don't like to confuse asylum or refugee issues with the needs of the labor market. Yes, it is better to integrate all these people instead of paying them outreach benefits. But first and foremost, it is a human problem. - ”

Why does the war in Ukraine in ’ affect the European economy so hard while the cost of living is increasing?

This week's Real Economy, Russia, examines how ’'s war in Ukraine affected the European economy and asks what's next.

The EU27 and eurozone economies were on track for a strong recovery and growth following the pandemic, but the EU recently lowered its growth forecast and raised its inflation forecast.

The economic impact

EuropeThe recent rise in energy prices in connection with ’'s dependence on Russian energy is driving inflation to record highs.

Ukraine and Russia produce almost a third of the world's wheat and barley and are major metal exporters. The disruptions in these supply chains, as well as the increased costs of many raw materials, have increased the costs of food and other essential goods and services.

This pushes businesses and puts less money in consumers' pockets. That's why the EU was cut off. economic growth forecast: Real GDP growth in both the EU and the Eurozone is expected to reach 2.7 percent ’e in 2022’e and 2.3 percent ’e in 2023’e, respectively at 4.0 percent and 2.8 percent ’e (2.7 percent in Eurozone’e), respectively. Winter 2022 provisional forecast.

Inflation, which was estimated at 3.9 percent just a few months ago, is now expected to average 6.8 percent.

GermanyThe cost of ’ya

The war is hurting some EU economies more than others. Germany’'s growth forecast is 1.6 percent and Europe is one of ’'s lowest growth forecasts.

Germany’'s Mittelstand’ or medium-sized companies form its economic backbone. But this eco-system of local firms is also heavily dependent on neighboring countries, including Ukraine.

It's five kilometers; This is the average length of the cables inside your car. And if your car is made in the European ’, about seven percent of that comes from the Ukrainian ’.

Guillaume Desjardins
Euronews

In 2021, the European Union imported 760 million euros worth of Ukrainian cables. Most of them have gone to the automobile industry, but the aerospace industry depends on it as well.

During the the Rocket Factor Augsburg(RFA) does not buy its materials directly from Ukraine’, the entire supply chain of the company was turned upside down when Russia invaded its neighbor in February.

Jörn Spurmann, co-founder of RFA’, explains how the outage hurts.

Our “Suppliers have difficulty getting things. We see that logistics prices are rising due to the shortage of containers, we hope that this is a temporary problem. We also see that energy prices are clearly rising. I hope this is a temporary effect. But yes, there are some things that affect business, but they affect our supply chain more than we do.”

Spurmann and RFA will launch the company's first rocket into space in 2023’te. If they're going to stick to this program, they're going to have to be creative. The company is now adapting parts and components made for other industries for use in its rockets, as they are easier to obtain.

RFA Co-Founder Jörn Spurmann said the company has adapted parts made for other industries for use in its rockets.

Spurmann, “There are suppliers who come back with higher prices or longer delivery times … And then we need to find alternatives. There are always alternatives. We don't have a single source, but it certainly takes more time and more effort in terms of supply chain management, ” explains.

The aerospace industry is not the only one affected by this supply chain disruption. After the two-year pandemic, the long-awaited economic recovery is now in equilibrium, especially in Europe, where people in ’ are suffering due to the rising cost of living.

The European Commission forecasts an inflation rate of 6.5% for Germany this year; This is a record figure since the country's reunification in 1990’.

Joachim Schallmayer, head of capital markets and strategy at Dekabank, says these price pressures have hit consumer confidence.

The “ Household is losing power in consumption. So they're going to have to scale down. For companies, this is a relative loss of competitiveness, especially for companies based in ’, Germany. We have to bear the brunt of these high energy prices, and they can, to some extent, pass it on to others, but not all of them. - ”

As growth stalls and prices rise, the EU hopes its 800 billion-euro pandemic recovery plan will help bring the situation under control.

But as the war in ’ continues to rage, clouds of economic uncertainty are expected to continue in the coming weeks and months.

Maria Demertzis, Economist and Deputy Director of the Brussels-based think tank Bruegel’in.

To learn more about the current economic turmoil facing Europe’, Naomi Lloyd of Real Economy’ spoke with Maria Demertzis, economist and Deputy Director of Financial Affairs. Brussels-based think tank Bruegel.

Naomi Lloyd, euronews:

“UkraineWas the war in ’ a fundamental change in ’'s economic outlook, or did it exaggerate already existing economic problems?”

Maria Demertzis, Deputy Director, Bruegel:

“, I'm probably thinking about the latter. It's definitely exaggerated when it comes to inflation. The reason we see all this inflation is because energy and energy come from Russia ’. Europe influenced ’ much more than the USA ’ because we, Russia, are much more dependent on ’ than others. It depends, of course, on the outcome of the war and how quickly we can find alternatives in the European ’. Honestly, we can't do this overnight. Looking at the growth outlook, I think we're coming out of an epidemic. I'm still saying we're in the pandemic, but at least the economy is coming out of the pandemic. As a result, we've seen huge increases in growth, but we don't see any drastic change in that.”

Naomi Lloyd, euronews:

“The cost of living, the price of food is rising. Should we be prepared for more of this?”

Maria Demertzis, Deputy Director, Bruegel:

“, I think so. I think we will definitely have another year in terms of inflation being abnormal. In Belgium, where I live, we saw an increase in flour, a doubling of flour, which of course also has an impact on bread prices, which is quite important. We'll feel it in our pockets as we fuel our cars, pick up our weekly groceries. And I can tell you, things have to get a little worse before they get better. So in that respect, I really think we are, we need to prepare ourselves a little bit more for that. - ”

Naomi Lloyd, euronews:

“Is this high inflation a real concern, or is it because we are tense after such a long period of low inflation?”

Maria Demertzis, Deputy Director, Bruegel:

“Eh, I guess it depends on what you're comparing it to. If you compare it to the last decade, yes, it's kind of accustomed to very low inflation rates. But it's okay if you compare it to the 1970 ’s, where we talked about real stagflation, 15 percent ’ inflation rates, and negative growth. We don't have those numbers right now. Even in the worst-case scenario, I don't expect to see these numbers. But of course we have to be brief. It's hard to imagine that kind of thing. - ”

Naomi Lloyd, euronews:

Do we need to see interest rates rise?“

Maria Demertzis, Deputy Director, Bruegel:

“I think it will be very difficult for the ECB’ not to increase the interest rates of other central banks that have to manage interest rates or interest rates when we see the inflation of the magnitude we see.”

Naomi Lloyd, euronews:

“How worried are you about the European economy right now?”

Maria Demertzis, Deputy Director, Bruegel:

“I think the European economy has survived the pandemic crisis quite well. Now, of course, the new crisis is of a very different nature, and it will also affect the way we cooperate globally, which of course will have economic implications. I think the European economy is in a good position to get through this. Now, whether we can manage it depends, of course, on how the war itself develops. - ”

How important is an adequate EU minimum wage in the context of high inflation? The Latvian case

The minimum wage has recently increased across Europe. Latvia’da 2023’te %With 24 increases, the European Union recorded the highest increase in ’. But is it enough to cope with the rising cost of living?

A new European directive to combat poverty at work requires member states to ensure that their minimum wages are adequate. How is this determined and what does it mean for workers? I went to Riga’ to meet them.

The lowest paid don't feel the difference.

The minimum wage in Latvia’ in 2023’te increased from 500 Euro’ per month to 620 Euro’. The estimated inflation rate in the Baltic countries last year %Considering that it is 20, the postal carrier Vizbulīte Horste does not see much difference.

Vizbulīte Horste, mail carrier

I don't feel the increase in my salary at all, says “. “Prices for everything, including food, have gone up a lot. Since I'm with my husband, we can pay the bills for now, but it's very difficult. If I were alone, I wouldn't survive. - ”

After negotiations between trade unions, employers and the government, the decision was left to parliament because no consensus could be reached on the minimum wage.

Latvian trade union economist Martins Svirskis would have preferred a larger increase.

“We are happy that this issue has come to the fore because negotiations have been quite difficult, says ”. “In recent years, the average wage has risen above 1,400 Euro’. Therefore, it is our goal to exceed a minimum of 700 Euro’. “

The new directive recommends that member states use 60 percent of the average wage or 50 percent of the average wage as a reference point to create a more balanced minimum wage. However, Latvia’'s minimum wage remains one of the lowest in Europe’, where there are significant inequalities between countries due to different working conditions.

Europe60% of minimum wage earners in ’ are women

In Europe, 60 percent of minimum wage earners in ’ are women; Just like Aija Laizāne, a single mother and home caregiver who raised her 17-year-old son alone and tried to make a living.

Aija Laizāne, single mother and home caregiver

“So for this one-room apartment you have to pay a total of 250 euros for telephone, gas, electricity and rent, says ”. My son is growing up, he needs clothes, shoes are expensive, clothes are expensive, there is school and we have to pay for train transportation. That's why I'm looking for additional work.”

Latvia is followed by other Eastern countries and AB’ has the highest rate of low-wage workers. They are often inadequately qualified. Eduards Filippovs, president of the Latvian Business Association, an association for entrepreneurs and small businesses, wants a non-taxed minimum wage, as well as clearer, more transparent social security contributions.

“Personally, I had to rethink my business model because I can't afford some temporary workers and I can't attract young people to work, ” says. "The burden of social security is too heavy for me." - “

Eduards supports the increase in the minimum wage, but believes that employers are not adequately consulted in the decision-making process.

“We must also take into account other costs, such as taxes, says ”. “There needs to be a balance between the possibilities of how much businesses can pay.”

The trade union economic adviser stressed the importance of collective bargaining.

Svirskis, “We ask the government to implement some kind of tax deduction for the different benefits negotiated collectively for health care expenses and food and beverage services. “And this year we are also negotiating on education.”

The construction sector, for example, has been able to negotiate a higher minimum wage (€780) and hopes to reach €900 next year.

Agreeing on an adequate minimum wage

So how can we agree that the minimum wage should be sufficient? I spoke with Welfare Minister Evika Silina, who is in charge of the study.

“It was absolutely clear that we needed to do something because our minimum wage was very low compared to other Baltic countries, ” says. “We were historically dependent on Russian gas. And yes, last year our prices were much higher than in Western countries.”

Evika Silina, Minister of Welfare

“Last year the legislators' intention was to increase the average income of the Latvian people more or less. ’ini was to take, and this ratio %It will be around 45, but not yet this year. So we probably need to discuss more with our business partners, our unions. Before next year, we need to make sure there's a mutual consensus that we can go much further.

“Businessmen are talking about a payment that is not taxed on the minimum wage. Previously, the amount not taxed was the same as the minimum wage. It's a little different now. I believe we will discuss this figure as well.”

Silina says measures other than the minimum wage have also been taken to help the lowest-paid

“, one of the first tasks I actually started, says ”, is that for people who live on low incomes, they will have bigger outreach benefits where they can help them with home payments and some other issues. Therefore, the government is also ready to develop the skills of our employees, because otherwise it would not be good for the economic growth of our country without people who can work and earn money and live according to their needs. So there are many aspects that we will work on, and one of the most important is to encourage these people and invest in them. They're not very young yet, but they can change jobs and try to learn something new. - ”

Ensuring a decent standard of living for every European ​​ worker

Collective bargaining, economic impact analysis and consideration of workers' needs are three tools highlighted by the Eurofound agency; Thus, each member state defines its own minimum wage and provides a reasonable standard of living for each European ​​ worker under all circumstances.

How EU funds are helping Portugal's post-pandemic recovery

Launched in 2019, AB’nin's post-pandemic Recovery and Resilience Facility (RRF) provides financial support to Member States such as Portugal and aims to make European economies and societies more sustainable, resilient and more prepared for green and digital transitions. In this section of Real Economy’ we go to Lisbon’ to see how RRF financing is being used to advance this transformation.

With its long coastline, sunny weather and intriguing landscapes, Portugal is an important tourist destination. However, after the Covid-19 outbreak was interrupted, sector experts drew attention to the deficiencies in investment, education and sustainability in the sector.

PortugalWe are reviving ’'s tourism sector

Catarina Nunes is vice-rector of the Estoril Higher Institute for Tourism and Hotel Studies, ’, Portugal, and leads a new RRF-funded program aimed at overcoming skills shortages in the ’ tourism industry. Speaking to Euronews’e, he explained that more could be done to help the industry unlock its full potential.

Catarina, “Portugal’ still has a long way to go in terms of education in tourism and hospitality, ” said. “There are changes imposed by the market: demands of innovation, improvement, sustainability, creation of new jobs, new trends, meeting the needs of the market.”

“We are part of a consortium of three higher education institutions that will receive approximately €6.7 million. We can deliver a digital transformation for the industry, providing requalification, continuous improvement and training tailored to the needs of the market, ” said.

Catarina Nunes, Vice-Chancellor of the Estoril Higher Institute for Tourism and Hotel Studies

It is estimated that about 8,000 students will benefit from this investment over five years.

One such student, João Aleixo, Euronews’e said that for him and others, the Healing and Endurance Facility’ has opened access to higher education.

“, the national recovery plan gives me and others like me a very important opportunity to get a master's degree. I'm thinking of doing a master's degree linked to entrepreneurship, innovation and the development of society in tourism, ” explained.

Portugal’in Recovery and Endurance Facility roadmap

Through the RRF, Portugal’'s national rescue plan will benefit from €13.9 billion in grants and €2.7 billion in loans.

Your plan is ’i will support climate targets, ’si will encourage digital transition.

We need to ensure that our economy and social fabric are resilient to future crises.

Mariana Vieira da Silva
Minister of the Presidency of Portugal

The fund supports investments and reforms in areas such as transportation, health and digital technologies, with special emphasis on social needs such as housing, which is a major problem in the Portuguese ’.

Among the challenges facing Portugal ’ in the area of climate and environmental policies are making the building stock more energy efficient, diversifying energy sources and improving forest fire prevention.

Therefore, the Portugal’in plan includes a large-scale investment program of 300 million Euro’ to improve the energy efficiency of residential buildings.

How does Portugal use RRF money?

At the University of Lisbon, work is underway to provide affordable housing for 900 students in need.

Vice-Chancellor of the University of Lisbon Vitor Leitão “ said that the rents are very high”. “ has a shortage of houses and rooms. Especially in Lisbon’da and other major cities. So if we want to attract more students, we have to provide them with a place to stay. - ”

“, this is the first of three buildings. In terms of funding, the EU will fund us through this resilience and recovery plan for around €27 million, at a total cost of around €39 million, ” added.

University of LisbonWork is underway to provide affordable student accommodation at ’

PortugalIn line with ’'s green goals, these new buildings must comply with energy efficiency requirements.

While this is an important measure to reduce greenhouse gas emissions, the country is also investing in weather forecasting technologies that are more suited to the climate challenges ahead.

To that end, the Portuguese Institute of the Sea and Atmosphere (IPMA) is set to receive a €17 million RRF investment and has already purchased a €1 million supercomputer.

IPMA President Miguel Miranda, “, said this computer will allow us to increase our computational capacity by 20 times to provide data faster and with better quality.

Miguel, “Portugal is one of the countries most affected by climate change. Our capacity to improve atmospheric forecasts and ocean forecasts, no matter how small, has a huge impact on people's lives, ” added.

Miguel Miranda, head of the Portuguese Institute of the Sea and Atmosphere, shows off the Euronews’e group's new 1 million Euro’ supercomputer

Will RRF Portugal help sustain ’'s recovery?

According to the European Union’'s recovery plan, the country's GDP is expected to reach ’ by 2026. %It will increase up to 2.4’e and create employment for about 50,000 people.

Euronews asked Mariana Vieira da Silva’ya, the Portuguese government's Presidential Minister, if this would be enough to overcome the economic impacts of the pandemic.

“Of course, we think this is a good opportunity for us to get out of the crisis and at the same time prepare our economy for the future. And anyone can always say that more money is better than less money. However, I think that RRF’ is a very important program that the European Union ’ can launch and that we can approve and implement.”

Minister of the Portuguese Presidency Mariana Vieira da Silva

Two years after the launch of RRF’, Euronews asked Mariana Vieira da Silva’ya what lessons have been taken and on what issues she still believes improvements need to be made.

We have a strong program on integration policy in countries like “Portugal, and now we have a strong program on RRF. They have different rules and different evaluation mechanisms, and I think we need to coordinate them more than we do now because the country, the administrative capacity of each country is not unlimited. And I think these two mechanisms need more coordination. - ”

Research into how RRF funding is used across Europe reveals that Portugal ’ has the second highest share allocated to social policy. But at this stage, is social policy investment a policy preference or an economic reality preference?

Minister “Eh, both said ”, I think.

“First of all, there is an inequality problem that we need to address in Portugal, and this is one of the most important things that will ensure that digital and climate transition are not unfair. We've already had many crises in our lives: The financial crisis, then COVID-19, and now the war.

Mariana Vieira da Silva, “So we need to ensure that our economy and social fabric are resilient enough to tackle future crises. I hope not, but we have to be prepared for them, ” said.

How are households and businesses in AB’ coping with the energy crisis?

The energy crisis caused by ’'s war in Ukraine continues to have an impact on European economies, business and consumers. Europe’'s high energy prices per year in the eurozone %It caused an inflation rate of 8.5’. ItalyCost of living in ’ %It's up 10.9.

These punitive price increases don't just hurt consumers. They also affect energy-hungry companies like the Gruppo Francia factory, which produces mozzarella on the outskirts of Roma’.

Speaking to Euronews’e Massimo Panagia, CEO of Gruppo Francia Latticini, we have 250 employees in two of our factories. “We produce 20 million kilos of cheese in different formats and specifications.”

In 2022, the CEO announced that energy bills were three times higher than in the previous year. Although investments in biogas and solar panels have managed to partially reduce these costs, they remain a heavy burden on companies like him.

Massimo Panagia, CEO of Gruppo Francia Latticini

Panagia, “In real numbers, this means an extra cost of €1.3-1.4 million, which is unpredictable. As a result, the cost of our products was significantly affected, ” added.

Are AB’'s measures to combat the energy crisis effective?

The volatility and rising prices in the global energy market have prompted the European Commission to introduce measures aimed at alleviating the burden on living-strapped EU households and companies.

The European Commission adopted the State Aid Temporary Crisis Framework in March 2022’ in order to support the EU economy following the Russian ’'s invasion of Ukraine’.

It allows Member States to provide limited assistance to companies affected by war or sanctions, provide liquidity support to businesses, and compensate for the high energy prices in which companies live.

Gruppo Francia Latticini mozzarella factory, Rome, Italy

ItalyIn ’, more than 50 billion Euro’ of state aid, including tax credits, has been approved by Brussels.

Massimo Panagia, “Given the energy bill, each company will Can calculate ’, and this ’ could use it as a loan to make up for the tax to be paid to the government in the coming months, ” said. “This mechanism unfortunately did not work well in short-term cash flow.”

This sentiment is also shared by Mauro Savoia, director of the automotive repair shop in Roma’, a family-owned business. He also took advantage of the tax credit after seeing his energy bills double within a year, but said more needs to be done to help small businesses.

Mauro Savoia, Rome, ItalyManager of a family-run automotive repair shop in ’da

Autopozzi Savoia’'s owner and managing director, Mauro Savoia, told “ that there was no financial relief at all. “We expected at least some economic assistance or grants to help companies at the end of the year.”

EuropeAssessing and rethinking ’'s energy system

UkraineThe war in ’ has revealed the need to rethink energy supply, energy consumption and energy production.

Energy expert Simone Tagliapietra, a senior member at the Bruegel think tank in Brussels, ’, said that in recent months, energy prices have been falling sharply across Europe. Families will see lower energy bills in the coming weeks and months. But those energy bills will still be twice, three times higher than what we've seen in the past, ” said.

AB’'s Temporary Crisis FrameworkDespite the benefits that ’ can bring to companies trying to survive among its exorbitant energy bills, some experts have expressed concern that this could lead to market disruption.

Tagliapietra, “In times of crisis, one of the typical reactions of the European’ is to loosen these rules of state aid a little. The problem is that when you loosen and dilute competition policies in Europe’, for example, Germany and France are usually the two largest countries that benefit the most from state aid rules; These would be Germany and France, who would have the financial space, that is, the money to spend on subsidizing their companies more than others.”

Simone Tagliapietra, senior member of the Bruegel think tank in Brussels’

“In 2022, we are faced with a situation where 80 percent of state aid is allocated only by Germany and France.’

When asked if these measures were sufficient to help businesses weather the storm Tagliapietra, “There were many interventions, that is, the tax credit was one, but then there was also a reduction in VAT’. Companies have seen their energy bills triple or even quadruple at a given time. But we need to take into account that without government intervention, energy bills would have gone up much more than that.”

The energy crisis has exposed the vulnerabilities in the European electricity market. In January, the EU launched a consultation meeting to reform the market and better protect consumers from price shocks. But Tagliapietra Euronews’e said that alone would not be enough.

We shouldn't think that this will be the solution to our energy crisis problems, ” said. What was our problem with the “Energy crisis? The mismatch between supply and demand for natural gas, namely Russia, after the arming of ’.”

The only way for “ to emerge from this crisis sustainably in the coming months is to correct this imbalance; You can do this with alternatives by reducing your demand and maximizing supply. This means building floating storage and gasification units, as Germany’ does. This means signing new gas agreements with LNG suppliers. To promote solar energy to get rid of gas in electricity generation, to promote the spread of heat pumps in our homes to get rid of gas boiler. They are the only structural solution to the energy crisis in Europe’.

How does Croatia fit into the euro?

January 1, 2023’te Croatia becomes the 20th country to join the eurozone. The local currency kuna has been replaced by the euro.

The country hopes to make its economy stronger and more stable with a single currency and improve the living standards of its residents.

Some people regret the passing of the kuna

Reactions at the fruit and vegetable market in Zagreb’ are mixed.

One customer says “I'm happy with the change. “This is something new.”

Another, “It's not true that prices are increasing rapidly, says ”. "Perhaps it's gone up a few cents, but that's nothing." - “

Coffee, bread… Prices are now higher than before the new year and people do not have much money to spend.

Ana Knežević
President of the Croatian Consumer Protection Association

Others are less convinced.

An old man, “, the prices are a little high, that's all ” says. I have no problem converting “. You only have to have money!”

Another, “, says we're not happy, we prefer our little kuna”. “In my opinion, a country that does not have its own currency is not a country.”

Majority in favor of transition

45% of Croatians already had a euro account for large expenditures, but now they all need to get used to the single currency for daily purchases.

Ana Knežević is president of the Association for the Protection of Consumers of Croatia’.

“Prices are in euros, so it is difficult for the elderly to calculate how much they are now. We have double prices, so it's easy to compare, says ”.

According to Eurobarometer’, while the elderly are attached to the kuna, the ’i is in favour of adopting the euro. But more than 80 percent are afraid that prices will go up.

“Coffee, bread… prices are now higher than before the new year” continues. “People do not have much money to spend, food is very expensive, heating, electricity is expensive, so it is very difficult to live. Croatia is a small country, pensions are not high, you can guess how they live.”

Support for tourism and production

Transition to the euro and entry into the Schengen area, Croatia %In addition to tourism, which constitutes 24’, GDP %It is expected to increase sectors such as manufacturing, an important export sector that makes up more than 12’.

Končar Group works in the fields of energy, infrastructure and electric railway vehicles. The company's production %It exports more than 60’ and ’i goes to countries in the eurozone.

CEO Gordan Kolak says that if we look at the last 21 years when we have linked our currency kuna“ to the euro, we cannot say that the change will be tremendous ’. “But since our customers will easily understand our offers, we think that the operation of the business will be much easier.

“When we talk about productivity, when we talk about modernization of production, when we talk about digitalization, all these areas are much more important to us than the euro as a currency.”

2020Croatian exports of goods in ’ %More than 70’ in euros, only ’ was traded in US dollars.

For a country where the single currency is already well integrated, it seems natural to adopt the euro.

Croatia’'s GDP’si 2022’de %6 increased, but the 2023 forecast is only due in part to high inflation %1.

The interview is: Governor of the Central Bank of Croatia Boris Vujcic

We met with Croatian Central Bank President Boris Vujcic to get his views on the arrival of Euro’.

Governor of the Central Bank of Croatia Boris Vujcic:I'm happy that we've basically completed the project that we started five years ago. This is something that will bring more resilience to the economy. This will make the Croatian economy more attractive in terms of foreign direct investment. Transaction costs will be lower. This is also important because we are a tourist country, and as a tourist country, 70 percent of our tourists come from eurozone countries. So in many ways this is a good thing for Croatia.

Fanny Gauret, euronews:Given the current inflation in the euro area, do you think it's a good time to switch to the euro?

Boris Vujcic:I think it would be better if we could change it sooner. For a small and open economy like Croatia, being in the eurozone in times of crisis is particularly important. If you look at some of our neighbors, who are not currently members of the Eurozone, members of the European Union, Ukraine, they have experienced quite a lot of pressure in the foreign exchange market this year following the attack on ’. So when you look at the cost of borrowing, these costs are now for companies. %With an 8 for the household. %With a 6 %You can see it's between 9. When Croatia was in ’, we didn't see any pressure on the foreign exchange market, and we didn't have to react to the rate hike like we did in those countries. We are seeing the benefits of this right now because markets have priced us into the eurozone earlier this year.

Now we need to focus on making structural reforms that we still need to make, with the help of a better economic environment created by entry into the euro and entry into the Schengen area.

Boris Vujcic
President, Central Bank of Croatia

Fanny Gauret:How about giving up the ability to set your own interest rates?

Boris Vujcic:Basically, the anchor of our monetary policy was the fixation of the exchange rate to the euro, and this has been the case for the last 30 years. First the German Mark ’na, then the Euro’ya. When you peg your exchange rate to the euro and your capital flow is free, you can't really have an independent interest rate policy. So it's about losing something we didn't have to do in the beginning.

Fanny Gauret:What are the challenges of introducing large amounts of money into the Croatian economy, for example, into the real estate market?

Boris Vujcic:We see nothing in the direction of overheating of the economy. What we've seen is that, as you said, the real estate market is hot, and prices are rising. I think we will see cooling in the real estate sector next year with the increase in interest rates. What won't change is actually the external demand that is expected to increase. Now that we see that about 20 percent of real estate purchases come from abroad, we will become even more attractive.

Fanny Gauret:And finally, what are the challenges ahead?

Boris Vujcic:I don't think that's the magic thing that's going to solve the structural economic problems that we have. Now we need to focus on making structural reforms that we still need to make, with the help of a better economic environment created by entry into the euro and entry into the Schengen area.

EU member states start work on next generation warship project for 2040 ⁇

Will the European military ship of the future come to light in the near future?

Euronaval, one of Europe's largest naval war trade fairs and held this week in Paris, ended with the hope of stronger pan-European cooperation in the naval defense industry.

The European Defence Agency said member states had begun work on the idea of building a next-generation warship for the 2040s.

Ongoing conflicts such as the war in Ukraine and the promises of US President Donald Trump Reduce military supportHe convinced many that it was time for Avrupa ⁇ to give priority to AB ⁇ . The Defense Sovereignty.

Euronaval director Hugues d ⁇ Argentré told euronews ⁇ e: ⁇ Everyone knows that Avrupa ⁇ is a great asset capable of carrying out ambitious programs. ⁇

If we want to be at the level of China, the United States and India, we cannot be disintegrated. If we want a European navy, we cannot allow Spain to carry out its programmes alone, and Italy and France to operate alone. This can meet the demands of the future of war.

We all dream of a European frigate as a joint project. Many countries tried to start the project, but it did not work. I hope that one day we will achieve this.

One of the conditions offered by member states after the first talks this summer was that the future ship would be a smart ship with technologies such as artificial intelligence.

An idea that is warmly welcomed by the union, which represents the French maritime industry.

Jean-Marie Dumon, deputy general of the trade association GICAN ⁇ , which represents more than 250 ⁇ French companies in the maritime sector, said ⁇ All this is a good sign ⁇ that we can further increase our cooperation at the European level.

However, member states must be willing to give orders. This also motivates us to be able to provide marine resources that will guarantee their sovereignty on a European scale and within the framework of NATO. ⁇ said in an interview with euronews ⁇ e.

The bloc's defence ministers will meet in Brussels on 19 November to discuss the project and potentially sign a letter of intent.

New Tariff Rules Can Reverse ⁇ Paradigm Change ⁇ in Retail

Major U.S. retailers, including Amazon and Walmart, are quietly exploring moving from Chinese factories to a business model that will send more goods directly to consumers and require fewer U.S. workers in retail stores and logistics centers.

The plans stem from the growing popularity of Chinese e-commerce platforms such as Shein and Temu, which have gained consumer appreciation for their low prices. These platforms send cheap products directly to consumers' doorsteps, allowing them to bypass American tariffs on Chinese goods and the hefty costs associated with physical stores, storage and distribution networks.

According to many familiar with the plans, the growing competition from Shein, Temu and other Chinese companies has prompted many major U.S. retailers to consider switching to a similar model to qualify for an incomprehensible, centuries-old U.S. trade law. The law, known as de minimis, allows importers to bypass U.S. taxes and tariffs on goods unless the value of shipments exceeds $800.

But this trend towards changing business models may have been disrupted on Friday when the Biden administration took action to abruptly close de minimis eligibility for many Chinese imports, including most apparel. In an announcement on Friday morning, the Biden administration said it would restrict the number of packages arriving duty-free to the country, especially through de minimis shipping from China.

The Biden administration's changes will not take effect immediately. The proposal will be subject to comments from sectors before it is finalized in the coming months, and some imports from China will still qualify for the minimis exemption.

But Friday's action could pave the way for a shift in global retail. According to sources familiar with the plans, Amazon is preparing a new discount service that will ship products directly to consumers, allowing those products to bypass tariffs. Even companies that preferred to keep their business models as they were, such as Walmart, had to consider using more de minimis to compete.

There is no turning back or forward: The Nightmare of the Immigrants Trapped in Bosnia

Bosnia is a transit country for migrants trying to reach the European Union, but the external border of the European Union is closed. This situation has caused thousands of migrants to be in a difficult situation. Hundreds of them, like Salman and his brothers, barely sleep in abandoned buildings, makeshift tents, and even old freight cars. In Bosnia and Herzegovina, temperatures in winter are well below zero. So why aren't these people being placed in emergency shelters?

Impact on mental health

Salman tells me that some of his travel companions had mental health problems on their journey from Pakistan to Bosnia. Middle-class families are saving thousands of euros to send their sons to Europe. But now they are halfway there, there is no way forward or back, they are crushed by the guilt of having failed their families at home.

Salman and his brothers are among a group of Pakistani migrants who have been stranded in the Tuzla region for a year and a half. They've been living in an abandoned freight car for seven months. They tried to cross the Bosnian-Croatian border several times, but failed. They say they will try again, and if they fail, they will choose to return to Pakistan. According to them, this puts their families at great risk. It cost between 3,000 and 4,000 euros per person to bring them all the way here, and many families owed to raise that money.

Local authorities refuse to open a migrant camp in the Tuzla region, but the city remains an important transit area between Serbia and Croatia.

Charities fill the gap

NGOs such as EMMAUS come into play and offer migrants an environment where they can warm up. Most of them are economic immigrants from Pakistan or North Africa, like Brahim Radi and his Algerian friends. He tried to cross the Croatian border many times. He told me a Croatian border guard broke his tooth with a baton. He thinks some of them lost their eyes and broke their ribs as they confronted the border guards.

In Emmaus ⁇ ta, immigrants can shower and wear clean clothes. Dzeneta Delic-Sadikovic is a young lawyer, managing Emmaus ⁇ u in Tuzla ⁇ . He's telling me this: The problem of violence on the Croatian-Bosnian border must end. These people do not want to stay here, a solution must be found for them to leave Bosnia and turn to Europe.

Lipa

We went to Camp Lipa, which burned at Christmas in western Bosnia. The investigation is ongoing to determine who started the fire, but there is no answer to this question for now.

Camp Lipa was set up for the summer. Local authorities have failed to make it winter-friendly. The International Organization for Migration recognized this and withdrew from operations there. The Bosnian government has found another place for this near Sarajevo. Local protests, however, made the transfer impossible. To prevent people from freezing to death, the Ministry of the Interior stepped in and set up heated tents.

Suleiman Shahid is a Pakistani immigrant. He was a civil engineer back home. He's been at Camp Lipa for four months. Euronews found his team filming in the camp and offered us homemade food. That's when he says they have to walk two kilometers to get to drinking water. He tells them that only ⁇ 33 to 45 people are given three bottles of water ⁇ per day.

There are currently around 9,000 migrants in Bosnia and Herzegovina. The EU ambassador in Sarajevo told us that finding shelter for them should not be a difficult task and urged the authorities to step up the action.

For now, however, migrants have to go to a local water source to bathe. No hot water. Ziaullah Zaheer is an Afghan immigrant. He is one of the official speakers of immigrants in Lipa ⁇ . He says AB ⁇ needs to take serious steps to help migrants. Zaheer left Afghanistan because he was the target of fighter groups. One of his brothers lost an eye in the violence in his hometown. He wants to go to Europe for a safer life.

A dysfunctional system

The EU transfers about 20m euros to Bosnia and Herzegovina every year. Money was supposed to be used for migration management, but dysfunctional government structures in the country often hinder it. Decisions of the federal government may be blocked by local authorities. Some regions in the country refuse to bear any burdens related to housing for migrants.

A border town camp

We set off for Bihac ⁇ a, close to the Croatian border, where there are about 60 occupied houses. The International Organization for Migration is delivering food to them. Natasa Omerovic, who works for the international organization, says that the situation is dire, serious and these people need basic living conditions, (...) nearly 1000 ⁇ people live in slums in places and buildings all over the region.

Beer is an old refrigerator factory. Until last September, it was used as a temporary camp housing 2,000 migrants. But the locals were upset by the escalation of thefts, and that's not all. Seid Sehic, who lives near the old camp, describes the traumatic event he experienced while planting potatoes:

5 immigrants came to my garden and one of them had a long knife in his hand and attacked me, luckily the knife did not enter my stomach, it just ran over my dress. I pulled back and took the pitchfork that was on the ground. I hit the immigrant who was trying to stab me and told him to put the knife down.

We discussed the immigration issue with the Prime Minister of the Una-Sana canton, which also includes Bihac ⁇ . A senior diplomat said that we should not forget one thing about Mustafa Ruzniç ⁇ : He's a man who's ready for immigrants to freeze to death. It legitimizes this harsh anti-immigrant stance due to security concerns and numerous crimes committed by immigrants in its territory. He tells us: In the canton of Una Sana, there are constant fights between Pashtuns and Hazaras, between Shiites and Sunnis. In the last three years, these immigrants have committed more than 3200 crimes. These crimes include rapes, migrant murders and numerous attempted murders of our citizens. They're arsonists and they're breaking into private houses. All migrants who roam our city need to be deported, they are here illegally, he said.

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His attitude towards immigrants is unlikely to change. This may explain why there are ⁇ KAMP YOK ⁇ billboards at the entrance to the Beer camp and why angry locals oppose the reopening of the fully equipped campsite.

Also in April last year, Bihac ⁇ ta had a major fight between rival migrant groups. 450 people participated. The camp was closed in September, but the entire infrastructure is still there. The EU has proposed reopening the facility to address the urgent problem of migrants sleeping outside in the middle of winter. But local decision-makers vetoed it. IOM executive Natasa Omerovic tells us how tragic this is:

⁇ This place is available in 24 hours, ready. We have a total of 250 accommodation units and each accommodation unit can accommodate 6 people, which gives us the number of 1500 people who can accommodate in this camp ⁇ he said.

IOM staff helped 303 migrants stranded last year return to their homes. They help voluntary returnees with logistics and plane tickets.