Author: Euronews

Cocoa prices have been steadily rising due to poor harvests, as a result of extreme weather in important cocoa-producing countries in West Africa. Source link

Property group Knight Frank says Ireland is running on a huge housing deficit as it outlines the country’s future needs. ADVERTISEMENTThe housing shortage in Ireland means that up to 58,000 new units are going to be needed in Ireland each year between now and 2027, according to estate agents Knight Frank and reported by RTE and the Irish Times.The number rises even further, to almost 62,000, when taking into account another 4,000 spaces needed for students, said the group.Of the 58,000 annual total, the report suggested that 32,000 properties should be for first-time buyers or families, while some 10,000 homes…

Thames Water could potentially be nationalised, as the company sinks deeper into debt and investors describe it as “uninvestable”. ADVERTISEMENTThe future of Thames Water is looking uncertain after shareholders refused to honour a £500 million (€585 million) lifeline payment due for payment by 31 March. There are growing concerns the water company could end up requiring a government bailout of billions of pounds.Kemble Water, the company’s owner, has revealed that, without the expected cash, it will not be able to pay its existing debt payments, nor a £190m (€222 million) loan maturing on 30 April.Thames Water CEO Chris Weston has reassured…

A hike in the minimum wage puts the country among the few in Europe where the minimum wage surpasses €2,000, as high taxes bite. ADVERTISEMENTThe Belgian minimum wage will increase from 1 April, reaching €2,029.88 per month. The €35,70 rise puts the country among the top five EU member states, among the 22 countries of the bloc, where the minimum wage surpasses €2,000, according to Eurostat.A further increase is planned for 2026, with this same amount.Trade unions said that this raise will affect 80,000 people with low income.As a tax employment bonus will also increase from 1 April, workers will have…

The judge said the sentence reflected “that there is a risk that this man will be in a position to do something very bad in the future. And it’s not a trivial risk at all.” Source link

Most of the respondents of an exclusive poll for Euronews by IPSOS say support to Ukraine should continue. But they are in two minds about whether it should be a priority for the next mandate. Source link

Women often remain unaware of pay discrimination in their work, due to companies being able to keep salaries a secret. Pay transparency would fix this, Prof Roland Erne writes. Source link

The UK slid into a technical recession at the end of 2023 because of increased inflation and soaring interest rates. Source link

EU Liberals leader Valérie Hayer reasserted her centrist party’s unwavering support to Ukraine during a two-day visit to the war-torn country, as security takes centre stage in the campaign for June’s European elections. Source link

The highest amount went to Swiss bank UBS’ CEO Sergio Ermotti, who has overseen the government-brokered rescue of Credit Suisse. Source link