Friday

21st Sep 2018

Ticker

Finland insists basic salary experiment continues

Reacting to newspaper reports, Finland's social insurance agency, KELA, insisted on Wednesday that the country's basic income experiment will continue as planned to the end of 2018. Data collected during the two-year trial would then be analysed and results released around a year later. The program is paying around 2,000 randomly-chosen unemployed Finnish people a monthly check of €560 and is the first of its kind in Europe.

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Airbnb agrees to clarify pricing for EU

The justice commissioner says the accommodation-rental website will better inform users about prices, and about the legal status of their 'hosts'. Facebook, however, could face sanctions if it doesn't comply with EU rules.

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