Berlin startup offers a year with no money worries

Miko from Berlin may only be five, but he already has 1,000 euros ($1,063) per month to live on — not from hard graft, but as part of an experiment into universal basic income. He is one of 85 people, including around 10 children, chosen by startup Mein Grundeinkommen (My Basic Income) to receive the payments for a year since 2014. Founder Michael Bohmeyer has set out to prove to a sceptical public in Germany

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Berlin startup offers a year with no money worries

Miko from Berlin may only be five, but he already has 1,000 euros ($1,063) per month to live on — not from hard graft, but as part of an experiment into universal basic income. He is one of 85 people, including around 10 children, chosen by startup Mein Grundeinkommen (My Basic Income) to receive the payments for a year since 2014. Founder Michael Bohmeyer has set out to prove to a sceptical public in Germany

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