EU News Monthly October 2024
EU News Monthly , 10. Okt.
The president of the European Commission, Ursula von der Leyen, has presented a list of candidates for the Commission and established their portfolios in accord with the aims of her political guidelines. The commissioner nominees will next appear
In the second quarter of 2024 the hourly labour costs rose by 5.2% in the EU, compared with the same quarter of the previous year. The highest increases in hourly wage costs for the whole economy were recorded in Croatia (+17.6%), Bulgaria (+15.4%) and Romania (+15.0%).
Volkswagen Group is in crisis. The German automaker plans to cut investments, close plants and lay off employees.
In 2023, the EU imported €478 billion worth of high-tech products, a slight decrease compared with 2022 (-1%). At the same time, exports reached €461 billion (+3% compared with 2022).
In the second quarter of 2024 the hourly labour costs rose by 5.2% in the EU, compared with the same quarter of the previous year. The highest increases in hourly wage costs for the whole economy were recorded in Croatia (+17.6%), Bulgaria (+15.4%) and Romania (+15.0%).
Volkswagen Group is in crisis. The German automaker plans to cut investments, close plants and lay off employees.
In 2023, the EU imported €478 billion worth of high-tech products, a slight decrease compared with 2022 (-1%). At the same time, exports reached €461 billion (+3% compared with 2022).