emergency minimun income


Germany calls for EU-wide “Universal Basic Income” to be approved

The German Permanent Secretary of State for Labour and Social Affairs, Rolf Schmachtenberg, yesterday called for the EU-27 to pool their social protection policy, in order to improve its reception and cover the shortcomings of the European labour market. And the representatives of Spain and Belgium (which will hold the next rotating presidency of the EU) showed their support for the idea. Spain, Germany, Belgium and the EU are committed…

minimum income

“Emergency Minimum Income” To Avoid Social Crisis From Pandemic Is Gaining Ground In Europe And The US

The Vice-President of the European Central Bank (ECB) and former Spanish Economy Minister Luis de Guindos has recently defended the implementation of a “minimum emergency income” during the coronavirus crisis. “Let us all take care of the basic needs of the most vulnerable population,” he said. On the other side of the Atlantic, the US Senate is planning to send cheques for $1,200 (1,125 euros) to citizens with an annual gross income of $75,000 (70,000 euros) or less.