Home Page
An experienced guide to the world of finance
providing tools and information that help make
best financial decisions
My FinanceGates.com Register
 
Home  | News   |  World News 



Market News Insurance Billing
Banking Business News World News
Funds Brokerage

Wednesday May 11, 11:20
EU: WTD opt-out clause to be scrapped
(by Brigitta Zulfitzler)

EU: WTD opt-out clause to be scrapped The Working Time Directive on health and safety grounds was voted to be scrapped by the European Parliament as the right to opt out could come to an end in three years.

The decision will now be approved by the Council of Ministers. Under the decision, the changes come to the directive limiting the working week in the EU to 48 hours.

The current system allows individuals to opt out if they want to work longer. The opt-out removal is expected to decrease business competitiveness, according to some analysts.

There are other changes in the decision as well. For instance, on-call work will mostly be counted as working time. Average working hours could be calculated over a full year, rather than the present period of four months.

Removing of opt-outs can lead to staff shortage, especially in some hospitals, analysts say.
All world news
Read the related news and articles:
31 May 2005 06:48 AM French Prime Minister has resigned after ’No’ vote on EU treaty
25 May 2005 10:29 AM German IFO index fell to 92.9 in May
24 May 2005 06:39 AM German ZEW Indicator unexpectedly fell to 13.9 in May
20 May 2005 05:33 AM French GDP rose 0.2% in the first quarter
19 May 2005 12:09 PM EU may suffer if France rejects Constitution
 


   KEYWORD SEARCH

KEYWORDS:

   SUBSCRIPTION
Join FinanceGates.com mailing list and get news and financial advices on home finance, auto finance, insurances, funds, online payments and much more.


Copyright © FinanceGates.com - independent financial advice and personal finance advice, an InternetGates.com company, 2003-2008. All rights reserved.
Finance Gates provides personal finance advice on banking, insurance, investing and billing.
Reading materials of this site you can be sure that you get independent financial advice.