In two-thirds of EU countries, pre-tax minimum wages are below €900

The new EU directive aims to set transparent minimum wage standards, such as a threshold of 60% of the median wage and recommends regular indexation to help maintain purchasing power amid rising prices. Establishing a statutory monthly minimum wage is seen as essential in the fight against poverty.

This year marks a major step toward improving living and working conditions in EU member states, as the new EU directive on minimum wages is set to take effect by November 15.

Overview of Minimum Wage Thresholds in the EU

Currently, 22 of the 27 EU countries have established minimum wage levels. Five countries—Denmark, Italy, Austria, Finland, and Sweden—have not implemented a minimum wage threshold. Cyprus introduced its minimum wage only last year. Among the 10 candidate and potential EU candidate countries, eight have established a national minimum wage, including Montenegro, Moldova, North Macedonia, Georgia, Albania, Serbia, Turkey, and Ukraine, while Bosnia and Herzegovina and Kosovo do not have a minimum wage.

In countries where minimum wage laws exist, levels vary greatly. For instance, Luxembourg’s monthly minimum wage stands at €2,571, while Bulgaria’s is €477. 

In two-thirds of EU countries, pre-tax minimum wages are below €900.

Adjustments for Purchasing Power

When adjusted for purchasing power standards (PPS), the disparities in minimum wages across Europe decreased. This adjustment considers the cost of goods and services in each country, making it possible to compare the effective purchasing power of wages. According to Eurostat, the PPS-adjusted minimum wage ranges from €542 in Albania to €1,883 in Germany.

Share of Workers Earning Minimum Wage

Voices of Solidarity Award 2024

On a crisp December evening, the heart of New York City lit up with the brilliance of global changemakers as the Voices of Solidarity Award 2024 took centre stage. Organised by the renowned international organisation Vital Voices, this annual event celebrates individuals whose exceptional contributions have amplified gender equality and human rights around the world. This year’s event, held under the visionary leadership of Diana Von Furstenberg and Barry Diller, once again underscored the power of collective action to transform lives.

Representing a beacon of resilience and innovation, the World Woman Club and the Vital Voices Ukraine Chapter proudly attended this prestigious ceremony, reaffirming their unwavering commitment to fostering global solidarity and social change. Their presence highlighted the profound impact of Ukraine’s courageous and inspirational leaders in the worldwide movement for equality and justice.

A Night Honouring Global Changemakers

This year’s award celebrated Justin Baldoni, Chid Liberty, Martin Chuncong, and Erfan Barak—extraordinary individuals who have demonstrated remarkable courage and dedication in advancing equity and inclusion. From Justin Baldoni’s inspiring work in redefining masculinity to Chid Liberty’s commitment to economic empowerment in underserved communities, each laureate exemplifies the transformative spirit that Vital Voices seeks to cultivate globally.

For members of the World Woman Club and the Ukraine Chapter of Vital Voices, attending the event was not merely a celebration but also an opportunity to connect with global leaders who share a common mission: to make the world a better, more equitable place.

Building Bridges Across Borders

As partners in Vital Voices’ global network, the World Woman Club and the Vital Voices Ukraine Chapter have consistently championed initiatives that empower women, promote sustainable development, and nurture the next generation of leaders. Their participation in events like the Voices of Solidarity Award underscores the value of cross-cultural collaboration in addressing the most pressing issues of our time.

In a statement, representatives of the Ukrainian delegation expressed their gratitude for being part of this impactful global partnership:

“We are incredibly proud to stand with Vital Voices in celebrating those who lead with purpose and heart. Together, we can amplify solidarity, foster innovation, and inspire a future where everyone has the opportunity to thrive.”

The Path Forward

As the night drew to a close, the energy in the room was palpable—an enduring reminder of what can be achieved when voices unite for a common cause. For the World Woman Club and Vital Voices Ukraine Chapter, the event was more than an evening of recognition; it was a call to action to continue their vital work in supporting women and communities around the world.

Their participation exemplifies how partnerships within the Vital Voices network create ripples of change, empowering leaders from diverse backgrounds to rise, innovate, and lead. As members of this transformative movement, they remain committed to driving progress and making the world a fairer and brighter place for generations to come.

Together with Vital Voices, they affirm their mission: solidarity is the foundation of strength, and strength is the pathway to change.

For 25 years, the Startup World Cup Championship has celebrated entrepreneurial spirit

Celebrating Excellence: The Achievements of the Startup World Cup Championship

The Startup World Cup Championship, organized by the International Business Academy Consortium, has become a beacon for entrepreneurial excellence worldwide. Founded by Olga and Andrey Azarov, this prestigious event has evolved into a global platform for fostering innovation, connecting ecosystems, and redefining educational standards to align with real-world success.

A Legacy of Impact Over 25 Years

For 25 years, the Startup World Cup Championship has celebrated entrepreneurial spirit, with tens of thousands of young and seasoned entrepreneurs participating. These competitions have transformed the perception of education by emphasizing its practicality and applicability, equipping participants with the skills needed to achieve measurable success in their ventures. The event’s commitment to nurturing entrepreneurial talent has significantly influenced education systems, encouraging them to prioritize innovation, adaptability, and results-driven learning.

A Global Platform for Innovation

The Startup World Cup is more than a competition—it is a global stage where entrepreneurs pitch groundbreaking ideas to investors, form strategic partnerships, and gain exposure to markets worldwide. With regional qualifiers spanning continents, the event unites the startup ecosystem under one roof. Its 25th-anniversary championship will be hosted in the Maldives, offering participants and stakeholders an unparalleled opportunity to connect in a unique and inspiring setting.

Highlights of the Championship

• Global Participation: Entrepreneurs from diverse industries and countries have had the opportunity to share their visions and innovations.
• Investor Engagement: By connecting startups with high-profile investors, the championship fosters meaningful collaborations that accelerate growth.
• Educational Value: Beyond pitching, participants engage in workshops, mentorships, and networking opportunities, ensuring their ideas are backed by strategic insights and practical knowledge.
• Recognition and Growth: Winners gain global recognition, funding opportunities, and mentorship to scale their businesses.

The 25th Anniversary: A Landmark Celebration

The jubilee edition in 2025 promises to be a landmark event, combining the tropical allure of the Maldives with the championship’s legacy of fostering innovation. It is set to attract industry leaders, investors, and innovators, making it an unmissable opportunity for networking, collaboration, and inspiration.

Looking Ahead

The Startup World Cup Championship stands as a testament to the transformative power of entrepreneurial vision. It has proven that with the right platform, mentorship, and resources, ideas can turn into impactful realities. As it enters its 25th year, the championship continues to uphold its mission of enabling entrepreneurs to build a brighter, more innovative future.

For more information, visit the official website: Startup World Cup

Watch the official promotional video: YouTube

Vital Voices Global Mentoring Walk 2025

Vital Voices Global Mentoring Walk: Empowering Women Leaders Worldwide

The Vital Voices Global Mentoring Walk is a transformative initiative designed to empower women by fostering mentorship and leadership development. It is organized annually by Vital Voices, a global nonprofit dedicated to supporting women leaders who are addressing some of the world’s most pressing issues. The walk symbolizes the importance of passing knowledge, guidance, and support from one generation of women leaders to the next.

Origins and Impact

The idea for the mentoring walk was inspired by Geraldine Laybourne, a pioneering businesswoman, who believed in the power of informal mentoring through shared experiences. The inaugural walk was organized in 2008, and since then, it has grown into a worldwide movement. Each year, thousands of women in more than 60 countries participate in the event.

The initiative not only supports women's career growth but also fosters community building and creates networks that extend beyond the event itself. By connecting aspiring women professionals with experienced mentors, the Global Mentoring Walk aims to bridge the gender gap in leadership and amplify women’s contributions to society.

Format of the Walk

The walk typically pairs mentors—established leaders in various sectors—with mentees, who are emerging talents or professionals. Together, they engage in meaningful conversations while walking side by side. This informal setting allows for open dialogue and encourages the exchange of ideas, experiences, and strategies for overcoming challenges.

Goals of the Mentoring Walk

1. Mentorship: To provide mentees with guidance on career development, leadership skills, and personal growth.
2. Community Building: To create lasting networks that promote collaboration and mutual support among women.
3. Empowerment: To inspire participants to take bold steps in their careers and become agents of change.
4. Leadership Development: To identify and cultivate leadership potential among women in diverse fields.

Why It Matters

The Global Mentoring Walk is more than just an event; it’s a movement that champions the idea that when women support women, everyone benefits. The walk highlights the power of mentorship as a tool for personal and professional growth and serves as a call to action for greater gender equality in leadership.

Participating in the Walk

Participation is open to women from all walks of life, and local walks are organized by regional leaders in collaboration with Vital Voices. These leaders adapt the event to the cultural and professional contexts of their communities, ensuring its relevance and impact.

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For more information on how to participate or organize a Global Mentoring Walk in your region, visit Vital Voices. This initiative is a powerful step toward building a world where women have equal opportunities to lead and succeed.

Hope for the Future: Ukrainian Fashion Week FW25-26 will take place on February 14–17, 2025, in Kyiv

Ukrainian Fashion Week FW25-26 will take place on February 14–17, 2025, in Kyiv

Following a successful season in September 2024, the Ukrainian Fashion Week organizing committee is pleased to announce that the 56th season of shows and presentations will take place from February 14–17, 2025, in Kyiv.

Each collection created amidst the full-scale Russian invasion of Ukraine stands as a symbol of creative resistance and hope for a brighter future. Ukrainian Fashion Week, through its platforms, demonstrates to the world that fashion is one of the voices of a nation fighting for its freedom, culture and identity.

“Hosting Ukrainian Fashion Week in Kyiv is a testament to our resolve and strength. Twenty-four years ago, we named our competition for young designers ‘Look into the Future,’ and we have been looking forward with hope and faith ever since. Together, we are building that future. But now, during wartime, this vision resonates even more powerfully. Each show demonstrates the resilience of the Ukrainian industry that continues to work and grow, no matter the challenges of the present. The creativity and spirit of our designers are unbreakable. Our mission is to support, foster, and promote them globally,” says Iryna Danylevska, Founder and CEO of Ukrainian Fashion Week.

At Ukrainian Fashion Week FW25-26, collections will be presented by globally renowned brands and emerging designers, showcasing the enduring legacy of the Ukrainian creative school.

Just not a "handkerchief": let's call it beautiful - HUSTKA - the headdress of Ukrainian women

Join the Global Celebration: Ukrainian Hustka Day in Vinnytsia

The World Ukrainian Hustka Day (ДУХ - День Української Хустки), an annual event celebrating Ukraine's rich cultural heritage, will take place on 7 December 2024 at the Mont Blanc Restaurant in Vinnytsia (Soborna St. 34), beginning at 12:00 PM.

This unique occasion, founded by Lyudmyla Stanislavenko, a prominent public figure and President of the World Woman Club, seeks to revitalize Ukrainian traditions and honour the defenders of Ukraine. The event has garnered worldwide participation, with individuals from five continents joining annual flash mobs in support of this initiative. This year’s theme, “The Hustka of Revival”, underscores the headscarf’s symbolism as a unifying element and a bridge between generations.

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Cultural Significance

The Ukrainian scarf, or khustka, represents the wisdom and strength of ancestors and is a profound emblem of national pride. Today, amidst ongoing challenges, it is a symbol of resilience and unity. Lyudmyla Stanislavenko notes:
"Through ДУХ, we aim not only to celebrate this cultural treasure but to pass authentic traditions to future generations, empowering and inspiring communities worldwide."

Flash Mobs

1. For Cultural Experts: Professionals in traditional arts and researchers are invited to share stories and photos about the scarf’s role in Ukrainian culture. Submissions with the most likes on the official event page will receive special prizes. Send entries to khustkaua@gmail.com.
2. For Everyone: Participants can post photos wearing the scarf with the hashtag #ДеньУкраїнськоїХустки. Popular posts will win exclusive themed prizes.

Charity Initiative

Funds raised during the event will support the purchase of drones for Ukraine’s 35th Marine Brigade, operating in the Donetsk region. Donations of 2,000 UAH or more will be honoured on the WUSD flag, and major contributors will receive unique frontline souvenirs.

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Special Additions

• Art Exhibition: Featuring exclusive works by talented artist Svitlana Terenchuk, showcasing the scarf as a timeless cultural icon.
• Partnerships: Supported by the Vinnytsia Regional Military Administration and the Mykhailo Kotsyubynskyi State Pedagogical University.

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Call to Action

The organizers invite media outlets, cultural enthusiasts, and the global Ukrainian community to join this celebration of heritage, unity, and support for Ukraine’s defenders. Let’s honour traditions while contributing to a noble cause.

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For more details, contact:
📞 Phone: +380 930 008 034
✉ Email: khustkaua@gmail.com
📘 Facebook: Ukrainian Hustka Day Group

Together, we can make this event a powerful testament to cultural pride and resilience.