Austerity Cuts – The European Union Times ⚡ Shocking Hidden News Reports ⚡

HIV infection cases on rise in Greece, officials warn

EU Times — Sat, 30 Nov 2013 22:03:52 +0000

Health officials in Greece have voiced alarm over a dramatic rise in HIV infection amid steep healthcare cuts in the austerity-stricken country. Official data released by the Greek Health Ministry showed on Friday that 1,058 new HIV infection cases were reported in the first 10 months of this year. Greek officials have warned against dangers […]

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Italy unemployment rate hits new record high in May

EU Times — Mon, 01 Jul 2013 12:43:09 +0000

Italy’s unemployment rate has risen to a new record high in May as the country is struggling with a recession-hit economy following implementation of tough austerity cuts. The Rome-based national statistics office, Istat, said on Monday that the jobless rate rose to 12.2 percent in May from 12 percent in April, the highest since the […]

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Spain GDP dropped 1.37% in 2012

EU Times — Thu, 31 Jan 2013 21:26:33 +0000

While Spanish Prime Minister is set to present new measures to help the economic recovery, the National Statistics Institute (INE) has reported that the country’s gross national product (GDP) has contracted by 1.37 percent in 2012. According to the report released by the INE on Wednesday, the Spanish GNP fell 0.7% from the third quarter […]

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Police, pensioners clash over austerity measures in Athens

EU Times — Tue, 09 Oct 2012 22:45:22 +0000

Greek police in the capital city of Athens have clashed with pensioners protesting against the government’s new round of austerity measures. On Monday, hundreds of Greek pensioners staged a rally outside the office of the European Union (EU) in Athens where police officers used batons to disperse demonstrators. “They’re taking our lives. They’re clearly trying […]

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Top German Court Approves €500 Billion Eurozone Bailout

EU Times — Wed, 12 Sep 2012 15:53:53 +0000

Germany’s Constitutional Court has ruled that the €500-billion bailout is legal under German law. The verdict comes as Greece’s coalition government hesitates on the further austerity cuts required by its creditors. The verdict ruled that the German government will not be liable for sums over 190 billion euros without approval of the Bundestag, and that […]

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Eurozone crisis to worsen with Greek bailout package

EU Times — Tue, 10 Jul 2012 14:11:44 +0000

A majority of people in four European countries believe that the eurozone crisis will worsen after giving Greece the 130-billion-euro financing package. The respondents to the phone survey that was carried out by the French opinion poll institute Ifop from June 18 to 21 were asked if they thought the eurozone economic crisis will worsen […]

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French Politician: Eurozone is Exploding!

EU Times — Wed, 07 Sep 2011 21:29:23 +0000

Protests have spread across Europe as Greece, Italy and Spain are struggling to hold on to the euro. Meanwhile, residents of the strongest European economies, such as France, believe that their countries would be better off with a national currency. A million to march against the harsh new austerity package, vows Italy’s biggest trade union. […]

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Greece declares war on austerity cuts

EU Times — Tue, 28 Jun 2011 16:03:56 +0000

Greek trade unions have begun a 48-hour general strike against new austerity cuts which are due to go to a crucial vote on Wednesday. Some protesters are warning they will try to prevent MPs from entering the parliament. The strike is due to disrupt and even halt the work of most public services in Athens, […]

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