Norway to mandate employer pensions
Article Abstract:
Pension contributions by employers for employee compensation has become mandatory in Norway. New legislation transfers partial responsibility from the state to the employer for employee pension contributions. It is estimated the Norwegian employee pension market will have grown to approximately $30 billion to $38 billion by 2020.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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EU to improve bloc cooperation on financial laws
Article Abstract:
Finance ministers at the European Union have agreed to increase economic cooperation among member nations, but opposed a proposal by Italian officials for implementing common rules, as such rules may not work for larger financial institutions. Pressure to improve cooperation has been fostered by the recent credit market crisis.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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France's rules on workweek caps to be rolled back
Article Abstract:
France, in a move to increase economic growth, is amending the 35 hours per week cap on work hours. The new regulations will allow employees to increase their maximum overtime hours and also allow them to barter some of their time off for overtime pay.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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