The Swiss village introducing basic income, Volkswagen goes on trial in Germany, and more top news
Rheinau, Switzerland. PHOTO: Prisma Bildagentur/UIG via Getty Images

The Swiss village introducing basic income, Volkswagen goes on trial in Germany, and more top news

The news professionals in Europe are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.

A village in Switzerland has voted to take part in a basic income experiment. The 1,300 residents of Rheinau will each receive a guaranteed income of 2,500 francs per month, whether they work or not. The project is being run by film-maker Rebecca Panian, who says she had the idea after Switzerland rejected a nationwide basic income scheme two years ago. Unlike that proposal, Rheinau will raise the money through crowdfunding rather than relying on the taxpayer. ? Here’s what people are saying.

Volkswagen has gone on trial in Germany over the diesel scandal. Investors are seeking €9.2bn in damages after the company lost almost 40% of its value when it admitted to cheating emissions tests in 2015, wiping €25bn from its total market value. Shareholders claim they should have been given warning that the company “could not make the technology that they needed in the US” so they could have sold their shares sooner. Volkswagen has so far paid €27bn in fines and penalties. ? Here’s what people are saying.

Google is being urged to stop allowing controversial ticket reseller Viagogo to advertise on its site. Several British MPs and various music, sports and theatre groups have signed an open letter in which they claim Viagogo’s paid prominence on the search engine is paving the way for the sale of invalid tickets. Viagogo is currently under investigation for breaching consumer rights, and last week launched its own lawsuit against Ed Sheeran’s promoter. ? Here’s what people are saying.

Germany’s Ryanair pilots are set to strike on Wednesday. Union Vereinigung Cockpit announced the 24-hour industrial action on all flights out of Germany tomorrow as it continues to push for better pay and work conditions. Meanwhile, the carrier says it has banned media from attending next week’s annual general meeting to allow matters to be raised freely without “being distorted”. ? Here’s what people are saying.

French chef Alain Ducasse has launched a “floating restaurant” on the Seine. Ducasse, the world’s most Michelin-starred chef, is currently appealing a Paris court’s decision to evict him from the Eiffel Tower’s Jules Verne, the two-starred restaurant he’s been running for the past 10 years. His new €11m, all-electric yacht, Ducasse sur Seine, will be docked on the right bank at Port Debilly — at the foot of the Eiffel Tower. ? Here’s what people are saying.

Idea of the Day: If you’re forced to move overseas to follow a partner’s career, don’t give up on rebuilding your own, says Glenn Leibowitz, Head of Communications at McKinsey China.

“Don't overlook or dismiss anyone — you never know who they know that could give you the warm introduction you need to the company you're interested in.”

What's your take on today’s stories? Share your thoughts in the comments.

Capucine Yeomans

A crowdfunded basic income experiment.? Who in their right mind would pay into this, assuming those receiving the money won't be funding themselves.? ?Who will pay if nobody works?? Interesting idea, but I don't expect this experiment to succeed.? Wait and see.

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Zeno Bilucaglia

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