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The Danish studio Bjarke Ingels Group won the international architectural competition
The promise is that it will save between 30% and 50% on users’ energy bills
For the first time there, financial backing is forthcoming
ViennaUP’22 will bring people from over 40 countries to the Austrian capital in a business festival fuelled by the unique local atmosphere
The local community welcomed Ukrainians fleeing war with outstanding support
Belgium will now join a small club of countries empowering youth political participation – Austria, Greece and Malta
Student teams will have 24 hours to come up with solutions for that issue
The new Walking and Cycling Index shows that an overwhelming majority want to live in 20-minute neighbourhoods
Part of an ongoing trend among these institutions to increase convenience for users
The city also added a new bathing area
The plan calls for accelerating green energy developments in the EU, with 2027 as a supposed cut-off deadline for Russian energy imports
As the EU Commission is about to vote on REPowerEU, a bill to fund alternative natural gas suppliers, Breakthrough Energy claims that the bloc needs more battery storage capacity
The cities met last week in Katowice to draft a plan on how to facilitate cycling between their territories
The REPowerEU 200 billion-euro plan calls for a gradual reduction of Russian fuel imports
These special zones were created last year with the aim of boosting biodiversity in the city
The building has been undergoing a major renovation since the start of 2021
It is renewing and introducing direct flight connections to attract visitors from the US, Middle East and Europe
The installation of the sensors is part of its “Smart Museum” project
Authorities want to do away with the passive status of nature in the city
The programme targets young children whose parents cannot afford to stay home while school is closed
The Finnish capital will hold ‘Entrepreneur Day for Women’ next month
The city also added a new bathing area
The average price for housing in Luxembourg City is 1.35 million euros
Eurostat study shows the rise of housing prices across the EU
In the last year, housing prices across the EU have gone up, however, Luxemburg tops the chart. This was made evident by a report from Eurostat, published on Thursday, 8 June 2021.
Prices increased by an average of 6.1% across the bloc, compared with the beginning of 2020 – the steepest annual increase since 2007. Meanwhile, the prices in Luxembourg have gone up by a whopping 17% compared to last year, a jump of 12 percentage points higher than the EU average.
Denmark saw the second-highest rise at 15%, followed by Lithuania and the Czech Republic at 12% and the Netherlands at 11%. The only country where prices fell was Cyprus, at -6%.
Housing deflation is another big problem in Europe in general. This term refers to a disbalance between inflation in a given country’s market overall and the housing prices.
In fact, for the first time in at least 20 years, housing prices increased more than the inflation across the board in the European Union. Here Luxembourg “shines” with the difference between prices and inflation sitting at more than 13%. For comparison, the runner-ups – Croatia and Portugal, sit at a humble 7.4%, and Slovakia at 7.2%.
Deflated housing prices by a member state in the European Union, 8 July 2021, Source: Santosv on Eurostat
Despite multiple efforts to provide affordable housing and combat the crisis, this trend does not board well for the EU housing market of tomorrow.
Over 70,000 Luxembourgers have left the Grand Duchy to live in Belgium, Germany and France, with the latter being the most popular destination, welcoming 28,000 “housing refugees”.
This is not a major surprise, considering that Luxembourg is famous for its eye-watering housing prices. Recently, according to another Eurostat publication, Luxembourg’s housing costs were determined to be a staggering 70% more expensive than the EU average.
According to Statec, the Luxembourg statistical agency, the average price of a house in the city is 1,35 million euros. Of course, the price goes down in the surrounding countryside, but the national average sits at about 900,000 euros.
Whether or not this unsustainable trend keeps on going remains to be seen.
For more information on what European cities are doing to fight the housing crisis, follow us on Facebook, Twitter and Instagram.
The local community welcomed Ukrainians fleeing war with outstanding support
Belgium will now join a small club of countries empowering youth political participation – Austria, Greece and Malta
The REPowerEU 200 billion-euro plan calls for a gradual reduction of Russian fuel imports
The Smart City Alliance has been quietly building functional tools for both citizens and authorities since 2016
Part of an ongoing trend among these institutions to increase convenience for users
Student teams will have 24 hours to come up with solutions for that issue
The Smart City Alliance has been quietly building functional tools for both citizens and authorities since 2016
The cities met last week in Katowice to draft a plan on how to facilitate cycling between their territories
The REPowerEU 200 billion-euro plan calls for a gradual reduction of Russian fuel imports
It is renewing and introducing direct flight connections to attract visitors from the US, Middle East and Europe
The Catalonian capital’s society and the trajectory of its attitudes have been studied since 1998
The Finnish capital will hold ‘Entrepreneur Day for Women’ next month
These will be spread across 11 EU countries and will serve to support the EU Missions
The European Commission has accepted to develop the idea
An interview about AYR, one of the 2021 New European Bauhaus Prize winners
An interview with Nigel Jollands and Sue Goeransson from the European Bank for Reconstruction and Development
An interview with the President of the City of Athens Reception & Solidarity Centre
A talk with the Mayor of Malmö on the occasion of the city’s UN Resilience Hub status
