"The problem is that one in five workers are paid less than ten euros an hour."
Trade union representative (ver.di)
"Just enough money for a kebab"
Music teacher (Berlin)
"Each halva has five layers of ground rice, hazelnuts, sugar and a syrup made with water and lemon. You have to leave it to rest overnight."
"If the bill on Supreme Court is passed, the coffin called rule of law will be shut definitely"
Ex-head, Poland's Constitutional Tribunal
""In the book of life every page has two sides: we human beings fill the upper side with our plans, hopes and wishes, but providence writes on the other side, and what it ordains is seldom our goal." Nizami Ganjavi"
"We laugh with Ariodante, we suffer, we cry with Ariodante."
"You have to become Superman, in the sense that you have to fly, literally."
"My parents got me out of bed in the middle of night to go and watch the landing"
Franck de Winne
Head of the European Astronaut Centre
Big names in the electronics and transport world are making major job cuts.
Sony is reducing its payroll by 5,000 – just over three percent of
Workers at the doomed Goodyear tyre plant in northern France have released two company executives after holding them for more than 24 hours.
Washington’s bailout of General Motors is over. The US Treasury has sold its last shares in America’s largest carmaker, taking a $10 billion loss
As the Frankfurt motor show opened European car makers were gloomy saying they will need to close more factories and cut more jobs.
The bosses of
French carmaker Renault has cut its domestic and global market forecasts after sales of its vehicles fell by 1.9 percent in the first six months of
European new car sales plunged again last month, dragged down by the region’s recession and record unemployment,
The industry suffered its worst
European car sales continue to tumble and the problem is spreading from southern countries to the more prosperous north.
For the whole region
Renault has signed a deal with three unions to avoid factory closures.
The French car-maker signed the agreement with Force Ouvriere, CFE-CGC and
PSA Peugeot Citroen has got temporary approval from Brussels for some of the state aid it is being offered by the French government.
Productivity is Italy’s biggest problem and will be the next government’s biggest challenge.
Industrial production is down, and labour
Toyota has raised its annual net profit forecast by more than 10 percent.
It is now looking at the equivalent of 6.6 billion euros for the year
Tyre maker Goodyear has confirmed its intention to close a plant in France which will mean job losses for almost 1,200 people.
Near the northern
Fiat’s latest results showed a reduction in losses in Europe in the fourth quarter, as it unveiled a greater emphasis on the recession-proof luxury
Toyota has regained the number one spot for worldwide sales.
Last year drivers bought 9.75 million of its vehicles.
As a result the Japanese
Grim numbers have been released by the auto industry for 2012. They reveal that car sales in France, Spain and Italy fell to their lowest levels in
Car sales across most of Europe’s biggest manufacturers have dropped again for the 14th consecutive month.
Over the last eleven months, there has
The brakes have eased on Europe’s new car market. The European Automobile Manufacturers Association’s figures show the market shrank at a slower pace
Peugeot, Opel, Ford … successive closures in Europe mean the car sector is struggling. In an action plan presented today, the European Commission
There was no respite for the eurozone economy, as manufacturing in the region shrank for the 15th month running in October.
Surveys of factory
The carnage continues among carmaker with Ford saying on Thursday that would cut its production capacity in Europe by 18 percent; that is 355,000