Author: Euronews

The coalition government set aside week’s of disagreement to agree the tax cuts package. However, the move has already seen a considerable backlash, with opposing political parties arguing that tax cuts will heap yet more pressure on Germany’s already strained budget. Source link

Despite a relatively strong employment rate, rising inflation and a high cost of living mean Spaniards are still voting with their wallets. ADVERTISEMENTCarlos Moreno, affectionately dubbed “The Watermelon King,” became a household name in Spain in 2020, when inflation soared to 15% after the COVID-19 pandemic and the Russian invasion of Ukraine. Nearly two years later his budget-friendly supermarket, La Trastienda, remains a haven for Spaniards seeking affordable groceries. Moreno explains the situation bluntly: “People are not earning enough, so we have to keep lowering prices more and more.”While Spain boasts one of the fastest-growing economies in Europe, many of…

The European Central Bank (ECB) has cut interest rates by 25 basis points at its June meeting today, as widely expected by analysts. Source link

The twelve capitals say formal talks on both countries’ EU membership bids should be convened ‘by the end of June’. Source link

The Netherlands is the only EU country to start its single-day vote early, but it will be followed by Ireland on Friday and the rest of the EU nations over the weekend. Source link

Taylor Swift’s tours usually drive a number of tourists to cities hosting concerts, boosting hotel prices especially. Source link

Voting in the Netherlands has started as the 27 EU member states go to the polls to vote in a new European Parliament. Up to 373 million eligible voters are set to elect 720 MEPs, with the far right expected to surge across the continent. Follow all live updates and analysis here on Euronews Source link

Nvidia overtakes Apple in market cap, topping $3 trillion one day before the 10-for-1 share split commencement. ADVERTISEMENTThe AI powerhouse Nvidia saw its shares surge by 5.2% on Wednesday, raising its market capitalisation to $3.02 trillion (€2.9 trillion). This impressive growth has allowed Nvidia to surpass Apple and become the world’s second-largest company, behind Microsoft, which holds a market capitalisation of $3.15 trillion. This milestone moment occurred one day before Nvidia’s 10-for-1 share split, which may have acted as a catalyst for the surge as investors sought to capitalise on the opportunity.Things you need to know about Nvidia’s 10-for-1 stock…

An estimated 373 million eligible voters are called to elect the 720 Members of the European Parliament for the next five years. Source link

Ahead of the EU and UK elections, commentators and social media users are making factually incorrect claims about immigration in Europe. ADVERTISEMENTMigration is typically a hot topic in any election campaign and is often fuel for inflammatory debates and false claims.Whether they’re about benefits or immigration rates, the allegations are usually provocative and simply wrong.Take this example from Spain:This post on Facebook says that almost 97% of people on Spain’s minimum basic income are immigrants.The minimum basic income is a social security benefit that provides a basic wage to the economically vulnerable. It can range from about €600 to €1,400 a…