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Portuguese union rallies thousands in anti-austerity protest
Thousands of people on Saturday rallied in the streets of Lisbon to protest rising poverty resulting from the government’s belt-tightening measures. The anti-poverty march was organised by Portugal’s leading union, the CGTP, and capped about a week of protest activities that have been held throughout the eurozone country. “Unemployment in…
Europeans slammed by austerity measures now enraged by political corruption
A wave of corrosive political scandals at a time of economic woe is exacerbating the outrage of European citizens, who are channelling resentment into street protests or at the polls. Italy, Spain and Greece have all been hit by fraud or graft cases allegedly involving the top brass. France joined…
Greek civil servants stage 24-hour strike over austerity measures
Hundreds of civil servants protested in Athens against new austerity measures as part of a a 24-hour strike called Wednesday by unions that paralysed public services and disrupted transport. Wednesday’s action grounded flights for six hours, left trains operating on emergency schedules and halted the Athens metro during morning rush…
Greek workers stage mass anti-austerity walkout
Greek workers began a two-day mass walkout on Tuesday, bringing public transport in Athens to a halt, as public anger mounts over a new government austerity bill aimed at securing international aid needed to prevent the debt-crippled nation from defaulting. Public bus workers in the capital joined taxi drivers as…
Spanish unions call general strike November 14
Spain’s labour unions Friday called a general strike for November 14, the second such blanket action this year against the government’s biting austerity measures. The UGT and CCOO unions said they had approved the multi-sector strike as part of a broader day of action called by the European Trade Union…
Mass anti-austerity rallies in Spain, Portugal
Mass protests in Spain and Portugal, against ever tougher austerity measures, have ramped up the pressure on Iberian governments struggling to avoid international bailouts. Tens of thousands of chanting protesters from across Spain packed the centre of Madrid on Saturday, including policemen in blue T-shirts, firemen with their red helmets,…
Israel prepares to vote on sweeping austerity measures
Ministers in Israel’s cabinet were on Monday preparing to vote on a package of sweeping economic austerity measures in a bid to cut the budget deficit, in a move expected to hit the underprivileged hard. Central to the plan is a hike in income tax and VAT, as well as…
Greeks launch ‘Everything is OK’ website amid economic crisis
Greeks fed up with stories of austerity and gloom can now turn to a new website aptly named Everything is OK (ola kala, OK in Greek) which aims to bring only happy news stories to the population. Describing itself as an “online health wellbeing portal”, the site www.olakala.gr tells users:…
Palin: Walker win proves austerity ‘will help our nation’
Former Alaska Gov. Sarah Palin (R) says that Wisconsin Gov. Scott Walker’s Tuesday win is proof that austerity measures “will help our nation” and that “thugs” in union leadership were the ones that really needed to be recalled. “It’s good and encouraging news,” Palin told Fox News host Greta Van…
Europe stocks and euro firm on Greek vote prospects
European stock markets mostly rose on Monday after opinion pollsindicated a victory for pro-austerity conservatives in Greece’s upcoming general election, but Madrid fell on Spain’s bank strains. The European single currency meanwhile jumped to $1.2574 from $1.2515 late in New York on Friday, when it briefly hit a 22-month low point of $1.2496…
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