Economy

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Economy

Greece: Energy companies must give up 90 percent of their extra profits to cover electricity costs for citizens

Energy and power companies are among the biggest beneficiaries of the current crisis. Bills are skyrocketing for the population, while energy suppliers are making billions in profits. In Greece, energy companies must now pay 90 percent of their excessive crisis profits to the state. The conservative government wants to use this to finance a cost-of-living […]
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Economy

Price limits, vouchers, and tax cuts: Unlike Austria, most governments are trying to fight inflation

Energy prices are going through the roof. But for the first time, the Austrian government did not decide on anything at the energy summit. Many other European governments have already taken measures against inflation in the summer and are now extending them—relatively unattached to the ruling party’s colour. Whether Orbán in Hungary or Sanchez in […]
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Economy

Private jets and yachts: Anthropologist Richard Wilk explains how the lifestyle of billionaires harms our society

Megayachts cause over 7.000 tons of carbon emissions per year, meanwhile average citizens try to deliberately live an eco-friendly lifestyle. Anthropologist Richard Wilk and his colleagues calculated the CO2 emissions of the worlds super rich and are now calling for immediate measures to regulate CO2 emissions and redistribute global wealth. As you put it in your […]
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