Erhöhung des monatlichen Mindestlohns von 400 auf 700 ägyptische Pfund

Increase of the minimum monthly wage from 400 to 700 Egyptian pounds (from 41 euros to 72 euros per month), which Egypt passed in 2011.

The French multinational Veolia has been suing Egypt for this since 2012. The case is still ongoing. It’s being heard before an arbitration tribunal at the World Bank. Veolia said increasing workers’ wages by 31 euros a month violated garbage collection agreements they made in a public-private partnership with the city of Alexandria.

(Air HƏH oong   dess   moan ott lichh en   MINNED est loans   fonn   FEAR hoon drett   ow! F   ZEE ben hoon drett   aigue IPPED tish ah   FOONED.)

Europaweit

“Europe-wide.” A controversial Arte documentary has drawn attention to the new EU water guideline the European Commissioner for Internal Market and Services Michel Barnier (of Nicolas Sarkozy’s UMP party) is about to issue in which local European government water projects will accept bids from all of Europe. Water activist Jean-Luc Touly warned the current plans for the guideline will make it difficult for public utilities to compete against profit-driven private utilities that are, he said, not primarily motivated by consumers’ best interests. 80% of the French water market has been privatized, the 2010 Arte documentary “Water Makes Money” claims to show instances of corruption in that French privatization and there was an increase in French water quality problems post-privatization, Touly said.

Around the world, many privatization contracts appear to have gone to subsidiaries of just a few big companies such as Bechtel (USA), Enron (USA, now spectacularly bankrupt), RWE (Germany) and Suez/Veolia (France). Opening privatization of city water utilities to Europe-wide bidding might encourage reductions in international competition among these providers.

(Oy ROPE a v eye t.)

 

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