Tag Archives: crisis

Greek People Turn Out to Refuse Merkel’s ‘Tough Path’

  Police try to disperse protesters during (Reuters/Grigoris Siamidis) Greek protesters came out in full force in the streets of Athens today as German Chancellor Angela Merkel came and went to discuss further “painful” budget cuts the country will now endure to win favor with EU bankers. Modest estimates put the number of anti-austerity, anti-Merkel protesters at 50,000, who marched

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Confronting the EU “Oligarchy of Governments”. Joining Forces for Another Europe

By Tommaso Fattori In Europe we are living in particularly dramatic times. Democracy is in death-agony and we are witnessing post-democratic processes taking over at the national and supranational level. EU leaders have further concentrated decision-making power on public and fiscal policies in the hands of an oligarchy of governments, technocrats and the European Central Bank (ECB), which are subject

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Barcelona’s unemployed detail social tragedy engulfing Spain

By our reporters 5 October 2012 Since the outbreak of the economic crisis in 2008, unemployment in Spain has risen from 8 percent to nearly 25 percent, over double the European Union average. Amongst young people it has risen from 22 percent to 53 percent. In the poorer regions, including Extremadura, the Canary Islands and southern Andalucia, the unemployment rate

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