If you’re letting your kid be a kid these days, you might want to get nervous. That’s because so many parents are going crazy spending extra money to get their kids to stand out of the academic pack – that your child might just be left behind. And even worse, he might just end up…
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Penalized for Not Flying the EU Flag
Be careful if you’re not flying your EU flag – you just might get slapped with a hefty fine. Brussels has been imposing fines of almost £500,000 on all sorts of institutions from councils and museums to universities and businesses. That’s because they’ve breached the EU rule that they must display the EU symbols if…
Austerity Measures Spreading Across the EU
Italy was feeling a bit left out of all of this austerity talk..so they’ve joined in as well. On Thursday, the Italian cabinet passed a series of austerity measures that are aimed at balancing their budget by the target date of 2014. Italian Austerity The package they’ve passed includes €47 billion worth of deficit cuts…
Good News for Pet Owners, Says Caroline Spelman
If you’re a pet owner in the EU, you just got lucky! That’s because Ministers in the UK are amending pet-movement regulations so that it will be easier, faster and cheaper to bring animals to the Continent starting on January 1, 2012. Up until now, anyone traveling with a pet to the UK has needed…
Strawberries an Economic Priority in England
While England may be under an austerity plan – there is one thing that isn’t being skimped on; and that’s strawberries. Scientists are now trying to create a new type of strawberry which will be resistant to climate changes. The goal is to make more hardy strawberries that will stay on the top of the…
Potential EU Job Cuts
If you work for the EU – it might be time to get your resume ready. That’s because the EU Commission is now proposing cutting 5% of its jobs to keep in line with the austerity measures member states have instituted. The EU plans to propose the cut at the end of this month as…
Princess Diana Dresses Being Auctioned
Princess Diana keeps making headlines, even years after her passing. Now, she is making headlines in the economic news, as 14 of her dresses are about to go on sale at Christie’s. Dress Auction The dresses, bought in June of 1997 by Maureen Rorech Dunkel, were supposed to be used as part of the owner’s…
EU Statistics on Wealth
According to the European Union’s statistics office Eurostat, Luxembourg is the richest country in the EU in terms of gross domestic product per capita. They are more than six times more affluent than Bulgaria, the poorest member of the EU. Wealth in Luxembourg Luxembourg’s wealth is, in part, due to the many people from France,…
Greek Tragedy for the EU
It’s a Greek tragedy being played out on an international stage. International financial experts have just warned that Europe’s single currency will, as they predict, be “almost certain” to break up in the next five years – directly because of the Greek debt crisis. Hands Tied for Greece They predict that Greece will be forced…
Sir Mervyn King and the British Economy
In a Biblical reference, Sir Mervyn King last night said that Britain may only be halfway through “even lean years” before seeing a return to easier economic times. At the London’s Mansion House last night, the Bank of England governor warned that shortcomings during the “seven years of plenty” prior to 2007 will now keep…
