Monday

26th Jun 2017

Ticker

German poverty at record high despite growth

Despite a booming economy, 12.9 million people in Germany were living below the poverty line in 2015, the Equal Welfare Association reported on Thursday. Based on figures from the Federal Statistical Office the alliance found a record high poverty rate of 15.7 percent in 2015, with people defined as poor when living on an income less than 60 percent of that of the median German household.

Focus

China's 16+1 foray into Central and Eastern Europe

Half a decade after it was launched, the network of cooperation between China and 16 Central and Eastern European countries has brought uneven economical and political fruits so far.

UK previews offer on EU nationals' rights

EU nationals in the UK could get almost the same rights as British people after Brexit, but an EU deal might not happen, the British government has said.

EU approves rescue of Italian banks

The European Commission gave the green light to a €17-billion plan by the Italian government to save Banca Popolare di Vicenza and Veneto Banca.

News in Brief

  1. Seasoned finance minister takes over Dutch coalition talks
  2. British PM closes government deal with Northern Irish party
  3. Merkel on collision course with US at G20 summit
  4. Schulz outlines German election strategy, hits out at Merkel
  5. Berlusconi's party sees comeback in Italian local votes
  6. Low turnout in Albanian election set to mandate EU future
  7. Merkel and Macron hold symbolic joint press conference
  8. Juncker has 'no' clear idea of kind of Brexit UK wants

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