Despite the fact that the rate of Eurozone unemployment is at a record high of 12.2%, and that large swathes of Europe are suffering under years of imposed austerity, EU officials went on strike in Brussels today in a protest against planned EU administrative cuts.
I wonder if anyone living in the real world will notice this strike?
Showing posts with label strike. Show all posts
Showing posts with label strike. Show all posts
Wednesday, June 5, 2013
Wednesday, November 14, 2012
The Eurozone Tinderbox
The growing backlash against the economic dogma of Eurozone austerity has found physical form today, as unions stage a series of demonstrations and "general strikes" across the European Union.
By way of an example, Greece continues to suffer. The Hellenic Statistical Authority has released data that shows that the Greek economy shrank by 7.2% on an annual basis in the three months to the end of September.
Driving economies and people into the ground for the sake of an economic doctrine imposed by unelected bureaucrats will backfire on those who pursue this misguided policy.
By way of an example, Greece continues to suffer. The Hellenic Statistical Authority has released data that shows that the Greek economy shrank by 7.2% on an annual basis in the three months to the end of September.
Driving economies and people into the ground for the sake of an economic doctrine imposed by unelected bureaucrats will backfire on those who pursue this misguided policy.
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