“Brussels has no confidence in tax revenue forecasts and the ECB is demanding pay cuts”. The 3-April debt debt auction was a failure, with the yield spread between Spanish bonds and German bunds once again rising to 386 points.
General Mistrust – El Periódico de Catalunya
Following his formal appointment as Prime Minister, the winner of 10 March elections announced his commitment to controlling the budget deficit and the implementation of austerity policies. All the ministers in his cabinet will be from the SMER-SD social-democratic party.
Robert Fico takes over – SME
Austria and the Czech Republic are the European countries with the widest gap in rates of pay for men and women. According to Eurostat, the average salary for women in both countries is 25.5% lower than it is for men.
A costly little difference – Die Presse
100 writers, artists and multimedia entrepreneurs protest against the free-for-all culture on the Internet, and the fast growing Pirate Party, which is one of the main advocates of this principle.
My head is mine – Handelsblatt
In two days, judges have brought charges against Environment Minister László Borbely, the mayor of Buzău and the chairman of the Bucharest chamber of commerce.
DNA anti-corruption agency spring clean – Evenimentul zilei
The European Commission has presented plans to facilitate the re-registration of vehicles in other EU countries. The move is being watched closely in Malta, which imports a large number of second-hand cars from the UK.
Brussels plans to reduce cost of importing used vehicles – The Times of Malta
Since the mixed public-private pension system was introduced in 1994, the number of brokers offering retirement insurance has shot up. Selling pensions is highly profitable business, which generated more than a billion crowns (approximately 114 million euros) in 2010, but failures to meet ethical standards are also common.
Yuppy pension salesmen grow rich on uncertainty – Dagens Nyheter
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