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Happy Danes<br />

Now we know why the Danes usually rank as the happiest people.<br />

According to Statistics Denmark, Danes are working about three<br />

hours a week less than the already low 37 they had previously<br />

calculated. “We significantly overestimated the number of hours<br />

that Danes are working,” Sven Egmose, the head of Statistics<br />

Denmark, informed Politiken newspaper.<br />

In the past, numbers were reported yearly by employers who<br />

gave bulk figures on their entire workforce. The new measurement<br />

looks at the monthly hours for which individual employees are paid.<br />

In a response worthy of a politician in the TV show Borgen, Harold<br />

Børsting, head of the Danish trade union confederation says the drop<br />

in hours was a positive trend because it showed that Danish workers<br />

were productive at work.<br />

Hours after Statistics Denmark’s announcement, German Labour<br />

Minister Ursula von der Leyen pleaded for solutions to workplace stress,<br />

citing new study Stress Report Germany 2012,<br />

which claimed that stress was responsible<br />

for Germany losing 59mn days of work<br />

in 2011 and €6bn a year.<br />

According to the study, 43% of<br />

workers believe that their jobs have<br />

become more stressful in the past<br />

two years. Notably, stress has<br />

increased more than 80% in the last<br />

15 years. Causes of stress include an<br />

increased focus on multi-tasking and<br />

emails interrupting workflows.<br />

YOU ARE HERE<br />

Park life<br />

Residents of Moscow may soon be enjoying new parklands thanks to<br />

City Hall’s decision to plant greenery on many disused construction<br />

sites. Noting President Putin’s new eco-bent, Moscow’s construction<br />

investment committee has cancelled leases on six undeveloped sites<br />

around the city and is landscaping them instead.<br />

The new parkland includes a site in the middle of the Moscow Ring Road<br />

that was leased to a company in 2000 to build an automotive services<br />

complex. In January 2012, when Putin was Prime Minister, he ordered<br />

Moscow Mayor Sergei Sobyanin to turn wasteland that was once the site<br />

of the Rossiya hotel, into a park. But can Moscow afford all this new<br />

greenery when there is such a shortage of homes? Vedomosti newspaper<br />

reports that the authorities have a plan to develop a 20km² district in<br />

Molzhaninovo, in the north of the capital, into a satellite town with an<br />

industrial park, transport hub and other infrastructure, creating up to<br />

70,000 local jobs. The €3.6bn project will take at least five years to build. GETTY IMAGES<br />

Rue Pierre Fatio 3<br />

CH-1204 Genève, Suisse<br />

t: +41 22 707 09 09 f: +41 22 707 09 10<br />

Gerbergasse 1 (Am Marktplatz)<br />

CH-4001 Basel, Schweiz<br />

t: +41 61 260 31 31 f: +41 61 260 31 39<br />

info@banquethaler.ch www.banquethaler.ch

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