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Exploring the Best E-Banks in Europe: A Comparison

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An overview of the most well-known e-banks in Europe, including N26, Revolut, Wise, and others, along with a comparison of their services, fees, and customer satisfaction, as well as tips for choosing the right e-bank for online banking needs.

Overview of Top European E-Banks

Les principales banques électroniques d’Europe ont révolutionné le paysage bancaire grâce à leurs services et fonctionnalités innovants. N26 , par exemple, se distingue en offrant des avantages assurtech et un compte courant de base et une carte de débit gratuits, ce qui en fait un choix populaire pour les particuliers à la recherche de solutions bancaires pratiques et flexibles [2]. D’autre part, Revolut s’est démarqué en se concentrant sur les transferts et les voyages internationaux, offrant à ses clients des frais peu élevés et d’excellents taux de change pour les transferts et les dépenses dans le monde entier. Cela a positionné Revolut comme une option incontournable pour ceux qui effectuent fréquemment des transactions ou des voyages internationaux [1].

En outre, Wise s’est imposée comme une banque électronique de choix pour les transactions internationales, proposant des comptes de dépenses en devises étrangères à faible coût et un support mondial pour les guichets automatiques. Cette fonctionnalité a rendu Wise particulièrement attrayant pour les particuliers et les entreprises engagés dans le commerce mondial, les voyages ou les envois de fonds [1][2]. Tomorrow, en mettant l’accent sur la durabilité, a attiré des clients qui privilégient les services bancaires éthiques et respectueux de l’environnement, proposant des comptes bancaires adaptés aux consommateurs soucieux de la durabilité [1]. De plus, Vivid Money a attiré l’attention pour ses diverses options d’investissement, répondant à la fois aux préférences d’investissement traditionnelles et modernes, attirant ainsi un large éventail d’investisseurs et de passionnés de la finance.

These e-banks have not only diversified the banking options available to consumers but have also set new standards for convenience, flexibility, and specialization, thereby enhancing the overall banking experience for individuals and businesses across Europe [1][2][3].

Services and Features Comparison

When comparing the services and features of the top European e-banks, it’s evident that each bank offers unique and tailored benefits to its users. For instance, N26 is known for its insurtech benefits, making it an attractive option for individuals looking for additional insurance perks tied to their banking services. Moreover, N26 provides a free basic current account and debit card, which is advantageous for those seeking essential banking services without the burden of monthly fees [2].

On the other hand, Revolut has carved a niche for itself in the realm of international transfers and travel. With its low fees and excellent exchange rates for both transfers and spending worldwide, Revolut is a popular choice for individuals who frequently engage in international transactions or travel. This makes it an appealing option for users who prioritize cost-effective and efficient cross-border financial activities [1].

Another key player in the European e-banking landscape is Wise, which excels in facilitating international transactions. Wise’s provision of low-cost foreign currency spending accounts, coupled with global ATM support, makes it a preferred choice for individuals and businesses engaged in global commerce. The ability to seamlessly conduct international transactions with favorable exchange rates and minimal fees positions Wise as an attractive e-bank for those with international financial needs [1][2].

In addition, Tomorrow focuses on sustainability and offers bank accounts tailored for sustainability-conscious consumers, appealing to individuals who prioritize ethical and environmentally friendly financial services. Furthermore, Vivid Money’s offerings include a diverse range of traditional and modern investment options, catering to users seeking investment opportunities alongside their banking services [1]. These diverse features and services highlight the versatility and specialization of the top European e-banks, providing users with a plethora of options to align with their specific financial preferences and requirements.

Fees, Interest Rates, and Customer Satisfaction Comparison

When it comes to fees, interest rates, and customer satisfaction, the top online banks in Europe offer competitive advantages. For instance, N26, a prominent e-bank, provides a free basic current account and debit card with no monthly fees, making it an attractive option for those seeking cost-effective banking solutions [2]. Additionally, Revolut is known for its low fees and great exchange rates for transfers and spending worldwide, which has contributed to its popularity among users for international transactions and travel [1]. This emphasis on low fees and favorable exchange rates not only saves customers money but also reflects a commitment to providing value and customer satisfaction.

Moreover, Wise stands out for its low-cost foreign currency spending accounts and global ATM support, ensuring that customers can access their funds conveniently and affordably, regardless of their location [1][2]. The combination of these features has solidified Wise’s reputation as a go-to e-bank for international transactions and currency exchange. The emphasis on customer satisfaction is evident through the consistent positive feedback from users, which underlines the significance of a seamless, cost-effective banking experience in today’s digital landscape.

In addition to competitive fees and rates, the customer satisfaction levels of these online banks are a testament to their commitment to providing exceptional service. The positive customer feedback on platforms like Trustpilot and the App Store further reinforces the notion that N26, Revolut, and Wise are not only cost-effective but also highly regarded by their users, making them stand out in the European digital banking space [1].

ywAAAAAAQABAAACAUwAOw== Exploring the Best E-Banks in Europe: A ComparisonAdvantages of Using E-Banks for Online Banking

In addition to the convenience and accessibility that e-banks offer, there are various other advantages associated with using them for online banking in Europe. One of the key benefits is the ability to access banking services with low fees. For instance, N26, a prominent e-bank, provides a free basic current account and debit card, making it an attractive option for individuals seeking cost-effective banking solutions. Similarly, Wise is known for its low fees and excellent exchange rates for transfers and spending globally, which can result in significant cost savings for users who frequently engage in international transactions.

Moreover, the easy application process is another advantage of e-banks, as it enables individuals to open accounts without the complex paperwork and eligibility requirements often associated with traditional banks. With digital banks like Revolut, bunq, and Wise, the application process for opening a European bank account online is streamlined and user-friendly, allowing customers to establish their accounts efficiently and conveniently [1]. This streamlined process is particularly appealing to those who value simplicity and time efficiency in managing their finances.

Furthermore, the availability of convenient web and mobile apps is a significant advantage of e-banks. These apps empower users to manage their finances on the go, check their balances, make transactions, and access customer support seamlessly. Revolut, for example, is recognized for its comprehensive mobile app, offering features like international transfers, travel-related services, and various financial management tools, enhancing the overall user experience [1]. This level of accessibility and functionality is crucial for individuals with dynamic lifestyles and a reliance on digital banking platforms for their financial needs.

Tips for Choosing the Right E-Bank

In addition to the factors mentioned above, individuals can also take into account the specific financial services and features offered by different e-banks when choosing the right one for their online banking needs. For instance, if an individual frequently engages in international transactions, they might prioritize e-banks that offer low fees and favorable exchange rates for such transactions. Revolut and Wise are known for their focus on international transfers and spending, making them suitable choices for individuals with these requirements.

Moreover, the ease of opening an account and the availability of customer support can also be crucial factors for individuals when choosing an e-bank. Some individuals may prioritize e-banks that offer seamless online account opening processes and responsive customer support to address any queries or concerns. For example, Anytime is recognized for its human customer service and provides both personal and business accounts, catering to a wide range of banking needs with a focus on customer support.

Furthermore, the security measures implemented by e-banks to protect customer data and transactions should be carefully evaluated by individuals. A strong emphasis on security features, such as two-factor authentication and encryption protocols, can be a deciding factor for individuals seeking a reliable and secure online banking experience. Therefore, considering the integrity of the e-bank’s security infrastructure is essential for individuals looking to choose the right e-bank for their online banking needs.

The Russian Synod finally removed the former “African Exarch” Metropolitan Leonid of Klin

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The former Metropolitan of Klin, Leonid (Gorbachev), who became known as the “Exarch of the Moscow Patriarch in Africa”, was permanently removed from a church career by St. Synod of the Russian Church. In October of this year, he was removed from his post in Africa and sent to head the Yerevan-Armenian Diocese of the Russian Orthodox Church, where the Russian Church has a small community. At its last meeting on December 27, the Russian synod stripped him of that position as well, without explanation, and sent him “to rest,” which is the Church’s term for sending him into retirement.

Retirement (resignation) of a bishop in the Russian Orthodox Church usually takes place upon reaching the age of 75, most often “in gratitude for his work”. Former Metropolitan Leonid (Gorbachev) is still young – he is 55 years old (born in 1968), and no thanks have been given to him. The Russian media commented on the unofficial information that the decision was due to “creating gross interpersonal and inter-church conflicts”.

In 2021, the ROC launched a criminal action under the jurisdiction of the Patriarchate of Alexandria for entering into communion with the Orthodox Church of Ukraine. Several Russian clerics were sent there to tear off parishes of the Patriarchate of Alexandria and make new church structures on the African continent. In his capacity as “African Exarch”, Metropolitan Leonidas had threatened that “very soon Patriarch Theodore will sign the act of complete capitulation of the Patriarchate of Alexandria”. He was overthrown by St. Synod of the Patriarchate of Alexandria for schismatic activity in its jurisdiction, of which all local Orthodox churches were notified. Although the Bulgarian St. The Synod did not dare to condemn the Russian actions in Africa, the Bulgarian metropolitans decided to “refrain from communion” with the overthrown cleric.

After the assassination of Metropolitan Leonid’s patron and sponsor Yevgeny Prigozhin, the aspiring bishop fell out of favor and was removed from his post of “African Exarch”.

According to observers, the Kremlin’s interest in the “African mission” of the Russian Orthodox Church has declined, and after the death of Prigozhin, the activities of the “Russian missionaries” were left without funding.

In the circles of the Alexandrian Church, they comment with bitter irony that, although the removal from office of the odious bishop did not take place according to the proper church-canonical order, God found a way to implement the decision of their synod.

Turkish authorities have captured Islamic State fighters, preparing attacks on synagogues and churches

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The operations were carried out in nine districts of the country at the end of last year.

Officials of Turkey’s National Intelligence Organization (MIT) and Security Directorate have arrested three leaders of the Islamic State (ISIS) and 29 others suspected of planning attacks on synagogues and churches, as well as the Iraqi embassy in Turkey. This was announced by the Minister of Internal Affairs, Ali Yerlikaya, on the X social platform, TRT Haber state television reported.

The operations were carried out in nine districts of the country, including Istanbul and Ankara. The so-called “commanders”, who are reported to be foreign nationals with Arabic surnames, have confessed to preparing the attacks, Turkish TV said. During the interrogations, the detainees revealed details about the structure and activities of ISIS in Turkey and Syria.

As part of the operations, digital materials related to the organization’s activities were seized, added Ali Yerlikaya, noting that for the last six months, nearly 730 operations against the Islamic State were carried out in the country, during which 98 terrorists were “neutralized” and 1254 people were arrested.

Turkish authorities use the term “neutralization” to mean that the terrorists in question have surrendered, been killed or captured.

Russia arrests 3000 migrants across the country

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Russia arrests 3000 migrants across the country
Illustrative photo: pexels-ryutaro-tsukata-5472259

Russian police detained 3000 migrants across the country in New Year’s Eve rallies. Dozens of them face deportation. This is reported by Russian media.

Around 3000 migrants were detained in Russia’s second-largest city of St Petersburg during crime prevention checks.

“As it turned out, more than 600 of the migrants were in Russia for various violations of the migration legislation,” reports RIA, citing its sources.

More than 100 of them faced deportation.

A man from Tajikistan dressed as Santa Claus is among the migrants detained in Moscow.

In the west-central Russian city of Chelyabinsk, Russia’s main investigative body, the Investigative Committee, said it was opening a criminal case against three migrants for hooliganism against Russian servicemen and their wives.

“A mob of drunken migrants attacked two young men demobilized from the front line, and one soldier was hit with a baton, the Committee reported on the messaging application Telegram. It was also noted that the migrants insulted the wives of veterans of the special military operation.

Russia continues to officially call the war against Ukraine a “special military operation”.

The committee said it had also launched an investigation into illegal activities by migrants in the Sverdlovsk region of Russia’s Ural Mountains and in the Moscow region.

Many migrants, mostly from neighboring Central Asian countries such as Uzbekistan, Tajikistan, Kyrgyzstan and Armenia, come to Russia in search of work.

President Vladimir Putin said in December that there were more than 10 million migrant workers in Russia.

“This is not an easy problem,” he admitted during his annual press conference.

The “Sicilian violet” is an excellent antioxidant

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“Sicilian violet” is called the purple cauliflower that grows in Italy, and it is no worse than the regular one, but its color is quite unusual. This vegetable is a cross between broccoli and regular cauliflower. Its use in the kitchen is very aesthetic and classy, because it allows to prepare garnishes, soups and purées with a characteristic violet color. In Sicily, purple cauliflower is still a niche product and is mainly grown in organic farms.

It is rich in fiber and vitamin C, as well as vitamin K and A, as well as group B and also selenium, which strengthen our immune system. The vegetable is an excellent antioxidant. It prevents the clogging of blood vessels, the formation of blood clots and heart diseases.

It has flavonoid compounds called anthocyanins, which give it its purple color and are thought to help regulate blood lipid and sugar levels, as well as help reduce the risk of cancer. It is rich in tannins and is suitable for eating raw.

Cauliflower consists of 92% water, 5% carbohydrates and 2% vegetable protein. There are 25 kcal in 100 grams of raw product, which makes it ideal for a low-calorie diet. It can be stored for up to a week in a paper or plastic bag in the refrigerator. Once cooked, cauliflower should be eaten within two to three days.

Sautéing or roasting is supposed to preserve more of its nutrients than steaming. Once steamed or roasted, cauliflower can be eaten as is or incorporated into another dish. It is often used as an ingredient in various cream soups, purees, caviar and snacks. Purple cauliflower appears to have originated in Sicily, from a local population of cauliflower known as Violetto di Sicilia. The purple color does not come from genetic mutations, but from natural selection made by man. The purple variant is especially common in southern Italy and South Africa.

There are different types of cauliflower that differ mainly in color. White cauliflower is the most common, the orange variety is only found in certain soil in Canada and contains more vitamin A than the white. Green cauliflower can be found mainly in Europe and the USA. As already mentioned, cauliflower is very rich in dietary fiber, which helps keep the digestive system healthy. The presence of glucoraphin is another property of cauliflower and helps prevent stomach cancer as well as ulcers. It contains a large amount of antioxidants and therefore helps in the fight against cardiovascular diseases. Cauliflower has the ability to eliminate cancer-causing enzymes. It is anti-inflammatory and helps prevent arthritis and obesity.

In Catania, poached cauliflower is also used to fill scacciata. It is a rustic cake made in a stone oven, with various toppings inside. This sweet is very popular on Christmas Eve and New Year. There are many variations, namely with broccoli, with thuma and anchovies, with ricotta, with potatoes, onions, black olives, premium sheep’s cheese.

Why some sounds annoy us

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The sounds that usually cause problems for people are either very loud or very high pitched.

“Some common examples of very loud or high-frequency sounds are car alarms going off near you or an ambulance passing by on the street,” says Jodi Sasaki-Miraglia, director of professional education programs at hearing aid manufacturer Widex USA.

“Other common examples are fireworks, loud construction noises or music at a concert.”

Of course, in the case of the smoke alarm and the ambulance siren, it could be argued that their whole point is to sound loud to attract attention. In most cases, you won’t be exposed to these noises for very long. But a concert is likely to last several hours, and if you’re unlucky enough to live across from a construction site, you know all too well how painful it can be to listen to humming for days on end.

While these situations are annoying for everyone, for some people sensitivity to sound is a very real problem that affects them on a daily basis.

Why does this happen to them?

Loudness Discomfort Levels

Louder, higher-pitched sounds are generally more uncomfortable to listen to than quieter, lower-pitched sounds. But people’s tolerance to them can vary. Fortunately, there is a handy test that an audiologist can perform to determine your unique level of loudness discomfort.

“The Cox test, created by the late Dr. Robin Cox, PhD, of the University of Memphis, Hearing Aid Research Laboratory, is used frequently in audiology clinics today,” says Sasaki-Miraglia. In it, the patient listens to a series of low to high sounds and judges how loud they seem to him on a seven-point scale. Based on the results, the audiologist gets an idea of the baseline of a person’s level of discomfort and will be able to adequately adapt the hearing aid they may need.

But what are the causes of sensitivity to sound?

“Lower sensitivity values are typically seen in people with specific types of hearing loss, such as noise-induced or sensorineural [which affects the inner ear structures or auditory nerves],” explains Sasaki-Miraglia.

“People who experience ringing or tinnitus, or those who have auditory processing problems, may also have lower than expected discomfort values.”

There are also different conditions that make people sensitive to sounds differently.

One example is hyperacusis, which can sometimes be the result of other medical problems such as Lyme disease or migraines. As Sasaki-Miraglia explains, “hyperacusis is not related to loud sounds. In this condition, sounds that seem ‘normal’ in loudness to most people can be unbearably loud to sufferers.” This means that something as simple as the jingling of coins in one’s pocket can sound unbearably loud and even painful.

Other people experience irrational anger at certain noises, which is due to misophonia. Recent research has shown that this condition is more common than previously thought, affecting up to one in five people in the UK alone.

A study shows that sounds that people with misophonia find intolerable actually activate neural circuits that control facial muscle movement, and are not a problem with the brain’s auditory processing system, as might be expected. This seems to give people the feeling that these sounds are “entering” their own body, leading to feelings of anger or disgust.

Sasaki-Miraglia says common triggers are the noises of other people “chewing, breathing or clearing their throats.”

In some people, the dislike of loud noises can develop into a full-blown anxiety disorder called phonophobia. It is not necessarily related to hearing problems, but may be more common in people with sensory processing difficulties – such as can be found in autistic people – and in migraine sufferers. Like any phobia, phonophobia is an extreme, irrational fear, and sufferers may experience panic when exposed to loud noises, or even just the threat of them.

But just as one person’s trash is another’s treasure, so the sound sensitivity coin has two sides. Certain sounds that cause sensitivity and even misophonia in some people can be absolute bliss for others. A recent trend on TikTok demonstrates this in a great way: when people started rolling breakable objects – especially glass bottles – down stairs…

This symphony of banging and breaking would make many people cover their ears, but others swear it induces a joyous sensation called Autonomous Sensory Meridian Response (ASMR), sometimes more eloquently known as a “brain orgasm.” Those who experience this reaction often describe it as a relaxing, tingling sensation triggered by a variety of sounds—for some, it’s glass breaking, for others, whispering, tapping, even hair brushing.

Is there a way to treat sound sensitivity?

“If you have sound sensitivity, the best course of action is to seek advice from a licensed audiologist,” says Sasaki-Miraglia. “He will provide you with a comprehensive assessment, treatment options and targeted education for your individual sound sensitivity condition. It is not unusual to find several contributing factors.”

It is important to seek individual medical advice as the treatment of hyperacusis or tinnitus in one person may be very different to another.

If your sensitivity to sound is causing you anxiety, meaning you may have phonophobia, different treatments may be suggested by a mental health professional, such as cognitive behavioral therapy.

We all have to deal with annoying noises from time to time, but sometimes that annoyance can turn into something much more. If sensitivity to sounds is affecting your normal life, it may be time to seek medical advice – there may be more treatment options than you think!

As Sasaki-Miraglia concludes, “No matter the cause, proper consultation and diagnosis by an audiologist can improve patient outcomes and your quality of life.”

MEPs can get circa 18000€ monthly, A Closer Look Beyond the Numbers

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Euro Pound Banknote Lot
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As Members of the European Parliament (MEPs) navigate the complexities of legislating for the European Union, scrutinizing the financial aspects of their compensation becomes imperative when knowing they can get circa 18000 euros monthly potentially tax-free. This critical analysis not only dissects the structure of their remuneration but also exposes instances of misuse and the apparent lack of transparency surrounding the actual figures involved.

Dissection of the salary/funds received by MEPs

  1. Basic Salary Structure:
ywAAAAAAQABAAACAUwAOw== MEPs can get circa 18000€ monthly, A Closer Look Beyond the Numbers

MEPs receive a basic salary subject to taxation, aiming to establish parity among member states. As of 01/07/2023, the monthly pre-tax salary of MEPs under the single statute is €10.075,18. After the deduction of EU taxes and insurance contributions, the net salary amounts to €7,853.89. Importantly, Member States may opt to subject this salary to national taxes as well. Contrary to popular belief, MEPs do not enjoy a tax-free income; they pay both EU taxes and potentially national taxes, contingent on the legislation of their home country (Example of Ireland).

  1. Additional Allowances:

While allowances like the daily allowance for attending parliamentary sessions appear justified, concerns linger about potential abuse. Reports of MEPs claiming allowances without active participation in parliamentary activities raise questions about the effectiveness of oversight mechanisms. The daily allowance, meant to cover expenses during sessions in Brussels or Strasbourg, stands at around €320 per day (which if they attend 20 days per month would be 6400€).

The general expenditure allowance, intended for office-related expenses, faces criticism due to its broad scope and vague guidelines. This lump sum, roughly €4,513 per month, lacks specificity, allowing for potential misuse without stringent accountability for taxpayer money.

  1. Special Parliamentary Allowance:

The special parliamentary allowance, earmarked for specific parliamentary expenses, has faced allegations of misuse. Instances of questionable expenses related to telecommunications and equipment expenditures draw attention to the need for tighter controls. The actual figures associated with this allowance remain elusive, contributing to the perception of opacity.

  1. Pension Scheme:

The pension scheme, providing financial security post-service, has been criticized for its perceived generosity. The lack of a direct link between MEPs’ performance and pension benefits raises questions about the incentive structure during their tenure. The exact figures allocated to the pension scheme from the European Parliament’s budget remain undisclosed, further complicating the assessment of its appropriateness.

Instances of Misuse and Lack of Transparency

There have been egregious instances where MEPs have misused funds meant for their official duties, tarnishing the credibility of the system. Nearly 140 EU lawmakers had to repay money to the European Parliament for misusing funds intended for assistants.

ywAAAAAAQABAAACAUwAOw== MEPs can get circa 18000€ monthly, A Closer Look Beyond the Numbers
MEPs can get circa 18000€ monthly, A Closer Look Beyond the Numbers 6

In one instance, there was a report about an MEP hailing from Scotland who allegedly hired his wife and paid her an annual salary of approximately €25,000. This raised concerns regarding favouritism and the appropriate utilization of allowances. Furthermore, a French MEP was instructed by the EU Court of Justice to reimburse €300,000, for misappropriated funds. These instances shed light on instances where MEPs have exploited the salary and allowance system.

Conclusion:

The compensation and funds allotted to Members of the European Parliament, when dissected with a critical lens, reveal not only the figures involved but also instances of misuse and transparency gaps. A clear understanding of the actual amounts disbursed is crucial for public discourse and oversight.

To regain public trust, the European Parliament must address these concerns head-on. A comprehensive review of the compensation structure, coupled with stringent oversight mechanisms and transparent reporting, is essential. Only through a commitment to responsible financial practices can the European Parliament demonstrate its dedication to serving the best interests of its citizens.

Unveiling the Democratic Dance of the European Parliament Elections 2024

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glass walled building during daytime
Photo by Guillaume Périgois on Unsplash

Europe is getting ready for an event that will have a profound impact on its future: the European Parliament Elections in June 2024. After facing the challenges brought about by the pandemic and wars, this election presents a unique opportunity for member states of the European Union (EU) to come together and redefine their collective path, even if the Parliament is still unable to legislate by itself.

The European Parliament Elections in June 2024 hold importance as Europe moves forward in the post-pandemic world and the Russian aggression against Ukraine. With pressing issues like climate change, digitalization and socio-economic disparities in focus these elections will provide a platform for EU citizens to express their concerns and choose representatives who will shape policies and guide the direction of the European Union.

As Europe embarks on this journey, towards its future it is crucial to recognize how these elections will influence power dynamics within the European Parliament. The results will determine how the parliament is composed, where each member state contributes seats based on their population. This democratic process ensures that smaller states have a say in decision-making making promoting a sense of togetherness and unity among member states.

The European Parliament Elections go beyond being a political event; they are like an energetic dance that showcases the liveliness and diversity of Europe’s political landscape. Political. Candidates from all over the EU participate in an exciting campaign that captures citizens’ attention and sparks their imagination. Through debates, speeches and rallies candidates get the chance to connect with voters motivating them to engage in democracy and express their opinions.

This electoral spectacle doesn’t stay confined within boundaries; it transcends them as citizens of one member state can vote for candidates, from another state. This cross-border involvement nurtures a sense of identity and solidarity reminding us that despite our differences we are part of something bigger. The democratic dance of the European Parliament Elections demonstrates how democracy brings people together and shapes Europe’s future.

10 Highly Paid Professions of 2023 in Europe

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close-up photo of assorted coins
Photo by Josh Appel on Unsplash

In the job market of Europe, certain occupations have emerged as highly rewarding. As we move forward in 2023 it is clear that having a skillset in technology, finance, healthcare and strategic business positions can result in some of the highest salaries across the continent. Let’s delve into an analysis of the top ten most well-compensated professions, in Europe for last year, according to some reports.

1. Investment Banker

Investment bankers play a role in the corporate realm using their financial expertise to guide mergers and acquisitions capital raising and the intricacies of initial public offerings (IPOs). Due to the complexity of markets and the profound impact of their work investment bankers enjoy generous compensation. Salaries can vary widely with seasoned professionals receiving bonuses that surpass their base pay.

The average salary for investment bankers fluctuates significantly across Europe. Is influenced by factors such as professional experience, company size and specific market conditions. Here are some figures, for 2023:

  • In Germany, the average salary for an Investment Banking Analyst is approximately €109,000 per year1.
  • In London, average salaries and bonuses for banking analysts range from £65,000 to £95,000, with an average of around £70,000 to £85,0002.
  • Across the European Economic Area (EEA), the average compensation for bankers can be as high as €1,080,507, with significant variations depending on the country3.

2. Software Developer

In this paced digital era software developers play a crucial role as the masterminds behind its advancements. These tech-savvy experts are responsible for designing, coding and implementing software applications. Proficiency in areas such as cybersecurity, cloud computing and mobile app development can even lead to higher earnings. As technology continues to permeate every industry the demand for developers remains consistently high.

The expected salary for software developers in Europe by 2023 can differ significantly depending on factors, like the country and level of experience. Based on the information available:

  • The average remote developer salary in Europe is approximately $110,640.88, with a range from $23,331 to $256,500 per year^1.
  • Western European developers generally earn at least $40,000+ a year, while developers in Eastern Europe can expect around $20,000+ annually^2.
  • In the higher end of the spectrum, software programmers in countries like Switzerland can earn about €100,000 a year^3.

3. Medical Professional

Healthcare continues to be a service and within the medical profession specialists like surgeons, cardiologists and neurologists are considered the highest level of expertise. Their extensive training and experience play a role in saving lives and enhancing patient outcomes. In Europe, medical professionals can anticipate salaries, especially for specialists who earn more due to their specialized knowledge.

The average income for professionals in Europe in 2023 differs significantly based on factors such, as the country and the level of expertise they possess. Here are some examples:

  • In the UK, the average annual gross salary for General Practitioners (GPs) is approximately €73,408, while specialists earn significantly more^1.
  • In Germany, resident doctors can expect a starting salary of around €50,000 to €60,000 per year, with variations based on region and specialty^2.
  • In Poland, a person working in Health and Medical typically earns around 11,300 PLN (Polish Złoty) per month, which translates to approximately €2,500 based on current exchange rates^3.

4. Business Development Manager

Business development managers play a role in companies as they are responsible for finding new business prospects and establishing strategic alliances. They have an impact on generating revenue and increasing market reach making their role pivotal in the company’s success. Their compensation typically consists of a fixed salary along with performance-based bonuses reflecting the value they bring to the organization.

The average salary of Business Development Managers, in Europe varies across countries in 2023. Here are some examples:

  • In the Netherlands, the average salary for a Business Development Manager is approximately €75,045 per year^1.
  • In Germany, the average salary is around $107,250^2.
  • In the United Kingdom, Business Development Managers can expect to earn an average of $99,188 annually^2.

5. Lawyer

The legal field has always been known for its prestige and income potential. Lawyers who focus on law, mergers and acquisitions and intellectual property tend to earn particularly well. Their ability to navigate legal systems and safeguard their client’s interests is incredibly valuable which is why they receive such generous compensation.

In 2023 the average salary of lawyers, in Europe differs from country to country. For instance:

  • In France, the average salary for a lawyer is approximately $60,173 per year^1.
  • In Germany, lawyers can expect to earn an average of $70,000 annually^2.
  • In the UK, the salary range for a paralegal, which can be considered an entry-level legal position, is between £20,000 and £50,000 per year for a permanent role^3.

6. Chief Executive Officer (CEO)

Being in the position of executives CEOs hold the utmost accountability for a company’s performance, strategic trajectory and organizational values. This role necessitates a blend of leadership, expertise and foresight. CEO compensation packages frequently encompass elements such, as base salary, bonuses, stock options and various other perks.

The average salary for a Chief Executive Officer (CEO) in Europe in 2023 varies by region and the nature of the company. For example:

  • The average base compensation among European CEOs in private equity-backed companies was reported to be $447,000 in 2023, with an average cash bonus received in 2022 of $285,000, totalling an average cash compensation of $732,000^1.
  • In Brussels, Belgium, the average salary for a CEO is reported to be $100,000 per year^2.
  • In Germany, the average salary for a CEO is €131,547^3.

7. IT Manager

IT managers play a role in ensuring the seamless operation of technological systems within a company while also aligning them with business objectives. As companies undergo transformations their responsibilities have become even more vital. IT managers oversee teams manage projects and make decisions regarding technology investments. Due, to the significance of their role they often receive salaries and additional performance incentives.

The average salary for an IT Manager in Europe in 2023 can vary, but here are some data points:

  • In Germany, the average salary for an IT Manager is reported to be $80,000 per year^1.
  • While a general figure for Europe is not provided, an IT Manager in the United States has an average salary of $92,083, which could be comparable to certain European countries depending on the cost of living and demand for IT professionals^2.
  • Additionally, for managerial positions in the tech sector across Europe, the average yearly salary is around $98,000, with a minimum base salary of $69,000^3.

8. Pilot

Pilots play a role in guiding aircraft through the skies prioritizing the well-being of numerous passengers daily. Their training is comprehensive. They bear a tremendous amount of responsibility. Commercial pilots employed by airlines are known to be among the top earners in the transportation industry. Their income is commensurate, with their knowledge, the intricate nature of their tasks and the often unpredictable schedules they adhere to.

The average salary for a pilot in Europe in 2023 can vary significantly depending on the airline and the level of experience of the pilot. Some data points include:

  • Air France pilots can earn an average salary of €150,000^1.
  • Lufthansa crews can earn about €9,000 monthly^1.
  • A British Airways captain can make over £100,000 per year^1.

9. Sales Manager

Sales managers play a role in generating a company’s revenue. They are responsible, for leading and inspiring sales teams establishing goals and creating strategies to achieve those objectives. Their income often depends on their performance with bonuses and commissions making up a part of their earnings. Exceptional sales managers who consistently meet or surpass their targets have the potential to earn amounts of money.

The average salary for a Sales Manager in Europe in 2023 varies by country:

  • In France, the average salary for a Sales Manager is €75,000 per year^1.
  • While specific figures for other European countries aren’t provided, we can look at the average salary for an International Sales Manager in Germany, which can serve as a rough comparison. A senior-level International Sales Manager with over 8 years of experience earns an average salary of €143,019^3.

10. Machine Learning Engineer

Machine learning engineers play a role in advancing artificial intelligence research and its practical application. They are responsible for creating systems that have the ability to learn from data and make decisions. The demand for these experts has surged as various industries strive to harness the power of AI to gain an edge over their competitors. Due to their expertise in data science and AI algorithms, they are among the earners, in the technology sector.

The average salary for a Machine Learning Engineer in Europe in 2023 can vary, but here are some specific figures from Germany, which can be indicative for the region:

  • Junior Machine Learning Engineer in Berlin, Germany: €52,000 per year^1.
  • Machine Learning Engineer in Germany: €68,851 per year^2.
  • Senior Machine Learning Engineer in Germany: €85,833 per year^1.

A unanimous commitment to freedom of belief “Respect to be respected”

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A unanimous commitment to freedom of belief “Respect to be respected”

Freedom of belief – The Fundación para la Mejora de la Vida, la Cultura y la Sociedad (Foundation for the Improvement of Life, Culture and Society) gathered once again this year in Madrid to present the Religious Freedom Awards, awards that for the past decade have sought to recognise the enormous work of individuals and institutions in defence of freedom of belief and the fundamental human right to freedom of religion, thought and conscience.

The general secretary of the organising foundation, Isabel Ayuso Puente, opened the ceremony by giving an emotional welcome to the authorities and national and international representatives gathered at this tenth edition of the awards, which honoured on 15 December 2023 the university professors Igor Minteguía Arregui, Francisca Pérez Madrid and Mónica Cornejo Valle (see specific articles by clicking on their names).

Ayuso was especially grateful for the presence of religious leaders from different confessions, renowned academics, heads of civil organisations and other guests who, once again this year, supported with their attendance an event that aims to give visibility to the notable advances that have taken place in recent times to promote the diversity of beliefs to be increasingly “better known, more recognised and more respected” in our country.

It is a long road towards a more tolerant society that all those present here are travelling every day in their respective fields of activism, research, dissemination and social commitment.

State Institutions committed to diversity

Representing the public sector, the ceremony featured speeches by the Director of the Pluralism and Coexistence Foundation, Inés Mazarrasa, and the Deputy Director of Religious Freedom at the Ministry of the Presidency, Mercedes Murillo, which has become a happy tradition.

Mazarrasa began by saying that “it is always a very, very happy occasion to meet in such an impressive space as the Scientology headquarters here in Madrid, and to do so also to recognise the work of people who have in common the defence of a fundamental right such as the right to religious freedom”.

Speech of Ines Mazarrasa at the Religious Freedom Awards 2023

She placed special emphasis on the fact that a very important area of his work is “everything that has to do with dissemination, education and raising awareness of the right to religious freedom and, specifically, also of religious diversity. It seems fundamental to us to do so, and I believe that the video we have just seen also reflects this same idea”.

The director of Pluralism and Coexistence recalled that guaranteeing the real and effective fulfilment of this fundamental right enshrined in our Constitution, which is the right to freedom of thought, religion and worship, is a constant task that does not allow for relaxation or pauses, as “rights must be actively defended, otherwise, there are always, unfortunately, risks of regression, and therefore we must work for the recognition of those who defend and contribute from knowledge, from different areas of law, anthropology and sociology”, she warned.

Mazarrasa highlighted the daily commitment of the public foundation he directs, which is charged by law with promoting the visibility and knowledge of Spain’s heterogeneous religious reality in all its aspects.

For her part, the Deputy Director of Religious Freedom, Mercedes Murillo, also reaffirmed the need for the central administration to continue unwaveringly “the work that each of us carries out from wherever we are in favour of creating the conditions that allow for a fuller exercise of religious freedom in the context of increasingly open and plural societies”.

Reading of the message from Mercedes Murillo for the Religious Freedom Awards 2023.

Murillo, after congratulating the work carried out by the Fundación Mejora, stressed that the decisive support for initiatives such as the Religious Freedom Awards, already consolidated as international benchmark awards in their field, should be understood precisely in terms of reinforcing this civic and political commitment to the normalisation, protection and permanent promotion of the rich religious diversity that distinguishes Spanish society.

Regarding the 2023 laureates, she said that “once again this year, three outstanding specialists in the field of religious freedom, Professor Igor Eguía, Professor Francisca Pérez Madrid and Professor Mónica Cornejo, whose respective contributions to the study, analysis and understanding of the legal and social aspects of religious freedom will be well-recognised at this event, are deservedly awarded. My congratulations and recognition to all three of them”.

A thought-provoking video

As a preamble to the presentation of the awards to the honorees in this 2023 edition, the secretary general of the Foundation for the Improvement of Life, Isabel Ayuso, presented a video based on an excerpt from the book “The Way to Happiness”, a work by the philosopher and humanist L. Ron Hubbard that includes a series of ethical and moral principles and guidelines to achieve personal well-being and contribute to a more just society.

The passage chosen for the occasion, from chapter 18 of this unique code of conduct, is entitled “Respect the religious beliefs of others”. A maxim that, for Ayuso Puente, perfectly condenses the philosophy that permeates these annual awards for the protection of freedom of conscience: “Tolerance is a fundamental cornerstone on which to build harmonious human relations”.

“Religious tolerance does not mean that one cannot express one’s own beliefs. But it does imply that trying to undermine or attack the faith of others often does more harm than good for coexistence”, the video states, which stresses a strong idea: “Faith and belief are elements that do not necessarily yield to logic, they cannot be settled in categories of rationality or irrationality”.

Given the complexity of this area and the “inability of the most privileged minds to settle historical metaphysical controversies”, the video calls for an exercise of prudent self-restraint: “In this ocean of controversy, we must navigate with respect. Respect the religious beliefs of others”.

A tolerant attitude that the hostess Ayuso Puente condensed with the phrase: “Respect to be respected”. An invitation to empathy that should guide relations in an advanced democratic society.

Ten years shielding a fragile right

The consolidation of these awards after a decade of existence highlights the growing relevance that the protection of religious freedom now has on the Spanish public agenda. However, despite the progress made, this right is not protected and still maintains a fragility that requires a sustained effort to protect it.

As Inés Mazarrasa, Director of Pluralism and Coexistence, pointed out in her speech, it is necessary to promote the recognition of religious diversity as a fundamental element of respect. This responsibility to actively ensure the consolidation of the rule of law that protects ideological diversity falls not only on the public authorities but also on civil society as a whole. “The challenge of integrating this complex but enriching mix of faiths within a framework of democratic coexistence concerns official institutions, citizen foundations, minority religious communities and citizens as a whole,” said Iván Arjona, who, in addition to chairing the Fundación Mejora, represents Scientology before European institutions and the United Nations.

Only through choral action that unites efforts will it be possible to protect the fuller exercise of freedom of conscience, which Mercedes Murillo, deputy director of Religious Freedom for the Spanish government, also advocated on this day. Although this path, as the ministerial representative pointed out, is not free of obstacles, the support and commitment of the entire social fabric is the best way to continue moving forward steadily.

All actors have a role to play in this collective challenge of peacefully integrating growing religious diversity. From the academic world through rigorous research, to the administrations through the reinforcement of the anti-discrimination legal framework, to civic foundations with their informative work, or the minorities of believers themselves with their activism and their demands in the face of any glimmer of intolerance.

The flame of the shared vigil

In this task of shielding the full normalisation of all spiritual options, the work of activists, religious, jurists and intellectuals whose theoretical production or practical intervention has been contributing for years to a better and deeper public knowledge of the complex and rich global and local multi-religious reality is of special relevance.

For the past decade, the Religious Freedom Awards, which every year recognise the life trajectory of some of the leading exponents in Spain of this active vigilance in defence of religious freedoms, have been especially devoted to giving visibility and highlighting this quiet but enormous collective work for a more tolerant society.

These are people from social activism, university classrooms, legal disciplines or inter-religious dialogue whose intellectual or practical contributions have been decisive in advancing knowledge of our heterogeneous religious reality in terms of peaceful coexistence.

If a decade after its launch, this torch is still more alive today than ever, it is undoubtedly also thanks to the exemplary faith and tenacity of those responsible for the Foundation for the Improvement of Life and to the unwavering support that the initiative has aroused since its inception among the host denomination of the awards, the Church of Scientology, already consolidated for years as a firm supporter of this plural Spain that is based on mutual respect.

The path is not without its difficulties, but the commitment of society as a whole continues to be the best guarantee for safeguarding in the coming decades the progress that we have all achieved together towards higher levels of respect for the legitimate diversity of ethical convictions that give transcendent meaning to human life.