What is 'Bitcoin'. Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies. There are no physical Bitcoins, only balances associated with public and private keys.
The Minister of Finance predict that the budget deficit would be cut to 3.9% in 2015/2016 and 2.5% in 2016/2017. Despite steady economic growth, the average South Africanâs disposable income is declining as consumersâ battle higher high debt levels and increases to administered prices.
In organisations that give pay rises based on performance, employees finally have a good increase to aim for.â. Salaries in Europe are expected to rise in 2015 by 3.1%. With low inflation (predicted to be 1.5%), employees will see a real average wage growth of 1.6%.Salaries in Europe have been buoyed by the improving performance of economies that have struggled in recent years.Most notably, Greece and Ireland are set to see salary increases of 1.3% and 1.4% respectively.This is a real wage growth of 2.5% and 1.1% â compared to 0.8% and 0.2% last year-as both countries return to economic growth.ost notably, Greece and Ireland are set to see salary increases of 1.3% and 1.4% respectively. This is a real wage growth of 2.5% and 1.1% â compared to 0.8% and 0.2% last year-as both countries return to economic growth.