Workers marching in downtown Naples, in southeast Italy, during a protest to demand new job opportunities. Official data show that the unemployment rate in the eurozone hit a new record high of 11.7 percent in October as the 17-nation bloc continues to grapple with a worsening financial crisis. The Eurostat data agency said on Friday that a total of 18.7 million people were out of work in October,... 

Democratic principles adopted in the West, including those that attempt to control elections, are not right for Belarus, the nation’s President Alexander Lukashenko said Monday. Advising his nation to “calm down over [Western] democracy,” Lukashenko implored the students and faculty of the Belarusian State Economic University to consider what is happening in Spain, Italy, France and Greece,... 

Students clash with riot police during a demonstration in downtown Rome on October 5, 2012 against deep cuts in the education budget. Thousands of people have taken to the streets of Italy to protest against the government’s financial policies. The protesters, who were mainly students, staged demonstrations across Italy on Saturday to express their opposition to Prime Minister Mario Monti’s austerity... 

Reuters polls show that the global economy is expected to improve only slightly in 2013. New projections on unemployment in eurozone show that the jobless rate among member countries will hit a new peak at about 12 percent next year. The European Union’s autumn forecast on Wednesday said that unemployment would hit a new peak at 11.8 percent among the 17-nation EU in 2013 and go down slightly to... 

Riot police stand guard as demonstrators march in front of the Greek parliament in central Athens during protests against new austerity measures on November 6, 2012. Greek police have clashed with angry protesters in the capital city, Athens, as the country’s lawmakers begin debating new austerity measures. Clashes broke out outside the Greek parliament after tens of thousands of anti-austerity protesters... 

People walking by closed shops in Athens during the 24-hours general strike. Greeks have kicked off a new wave of strikes to protest against fresh austerity measures due to be presented by the government to the parliament. The work stoppage began on Monday as the metro in the capital Athens was shut and taxi drivers halted services. There was also a media blackout on Monday as journalists stopped working... 

Youths have clashed with the Athens police force, pelting officers with stones and petrol bombs during an anti-austerity march. More than 40,000 have taken to the streets in Greece in a 24-hour strike against wage and pension cuts. Anti-austerity activists faced down police officers, throwing Molotov cocktails and rocks in the center of Athens. Police responded by firing teargas and stun grenades... 

The Swiss Army is preparing contingency plans for violent unrest across Europe. A nation mostly famous for its banks, watches and chocolate fears it may face a massive influx of European refugees in the near future. One of the world’s richest nations openly expressed concerns over the possible outcome of Europe’s continuing financial troubles, and is currently conducting army exercises against... 

Rating agency Standard & Poor’s has downgraded Spain’s credit rating by two notches, warning that the deepening economic recession is limiting the government’s options. S&P warned that rising unemployment and harsh austerity measures are likely to intensify social unrest and cause further friction between Spain’s central and regional governments. “The downgrade... 

Greek pensioners shout slogans while marching in central Athens to protest the new austerity cuts on October 8, 2012. 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... 

Euro zone finance ministers want a clear cut answer from Spain whether it will seek financial support after Madrid’s borrowing costs sharply lowered following the European Central Bank decision to buy bonds last week. Will Spain ask for its bailout, so that the ECB’s unlimited bond buying project can be launched? This question has recently been number 1 in Europe. The ECB has made it clear... 

Thousands have taken to the streets throughout Greece to protest the drastic budget cuts proposed by the government. In Athens some 2,000 pensioners marched through the city to protest newly introduced pension cuts. It was announced that those who earn more than 1,000 euros a month will have 10 percent of their pensions axed. This is despite a 25 per cent cut over the last two years. “They have... 

Portuguese protesters hold banners with anti-government policy messages during a protest against austerity measures, on the day of the general strike, in Lisbon on November 24, 2011. Portugal’s main trade union, the General Confederation of Portuguese Workers (CGTP), has fiercely condemned as a “declaration of war against workers” a new set of austerity measures introduced by the government... 

People look for job offers outside a local employment office in Ahens on May 22, 2012. The number of people unemployed across the 17 countries that share the euro currency has hit a record high in June, official figures show. New data released by the Eurostat, the EU’s statistics office on Tuesday shows that 17.801 million people were out of work in the eurozone in June. The new figure is 123,000... 

Protesters march during a demonstration against government austerity measures, in central Valencia Spanish police have clashed with protesters marching against the latest batch of austerity measures. Over a million public employees, trade union members and fed-up citizens have taken to the streets in over 80 Spanish cities. ­Violence erupted in Madrid around midnight after dozens of protesters reached...