Vienna gives up on Christmas lights
The city of Vienna, known for its Christmas markets and its New Year’s concert, will give up illuminating the Ring, its most famous avenue, this year in order to save energy in the face of rising prices. The city says it has not calculated the savings expected from these measures. The Austrian Energy Agency has calculated that the wholesale price of electricity has increased by more than 256% over the past year in this country of 9 million inhabitants.
Ten billion tax cuts for households
German Finance Minister Christian Lindner has announced a 10 billion euro tax cut for households. Germany will raise in 2023 the level from which the maximum income tax rate of 42% will apply, and increase the amount of family allowances. Inflation reached 7.5% over one year in July, down from June, but it is still at a very high level. The government has already adopted measures amounting to 30 billion euros to support purchasing power. The start of the school year should see a new surge in heating and electricity prices.
The Lido will lay off 151 employees
The Lido social plan, which will lead to the dismissal of 151 employees, has been approved by the administration. The famous Parisian cabaret was sold by Sodexo to Accor at the end of 2021 and is planning an overhaul of its dinner-show model and the disappearance of the permanent troupe. It will only retain 33 employees. Created in 1946, this emblematic place of Parisian nights was very affected by the long closures imposed by the health crisis in 2021.