On October 4th, the Portuguese population was able to vote on a new government for the first time since the bailout in 2011. Back then, the country had severe debt problems and a bankruptcy was avoided with an accumulated loan of 79 billion euros from the IMF and the EU. After this financial injection the slightly right-winged government (a coalition of the Social Democratic Party (PSD) with the Christian Democratic Party (CDS/PP)) has been devoted to establish a sustainable Portuguese resurrection. During the past four years the Greek problems have been in the spotlights, but what has happened in the meantime in Portugal?
For months the Dutch police has held strikes and protests to demand a better CAO (Collective Work Agreement), especially demanding a higher salary. Can their demands be justified? Off the Charts finds out!
The American Silicon Valley in California is famous for its high-tech companies and the many tech start-ups. In Europe, cities like London and Berlin are most famous for their start-ups. However, now there is a new upcoming city.
Every year on the third Tuesday of the month September the Dutch Head of State announces the budget and policy of the Dutch government for the next calendar year during the so called Troonrede. The main message the politicians and the king wanted to give the people this year is that the economy is getting away from the financial crisis. Almost all people will have a higher purchasing power next year. This positive message of course also has some downturns; for instance, not all people are going to be able to buy more next year, and students are not getting a college grand anymore.