Debt Crisis – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Mon, 09 Jul 2018 14:33:58 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 Greece dissolves parliament for January snap election https://www.eutimes.net/2014/12/greece-dissolves-parliament-for-january-snap-election/ https://www.eutimes.net/2014/12/greece-dissolves-parliament-for-january-snap-election/#respond Wed, 31 Dec 2014 16:53:38 +0000 http://www.eutimes.net/?p=35344 Parliament in Greece has been dissolved after Prime Minister Antonis Samaras requested the dissolution of the legislature following its failure to choose a new president after three successive rounds of voting. A statement from the parliament said an early election in the austerity-weary country would be held on January 25, as Samaras announced on Monday, […]

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Germany sees major slump in exports since 2009 https://www.eutimes.net/2014/10/germany-sees-major-slump-in-exports-since-2009/ https://www.eutimes.net/2014/10/germany-sees-major-slump-in-exports-since-2009/#respond Thu, 09 Oct 2014 22:19:27 +0000 http://www.eutimes.net/?p=34297 Germany’s exports have marked their biggest fall since the global financial crisis reached its peak in 2009, raising fears that Europe’s largest economy might slide into recession. Germany’s Federal Statistical Office said Thursday that exports slumped by 5.8 percent for the month of August. Moreover, imports dropped by 1.3 percent in seasonally adjusted terms, the […]

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Italy’s economy to shrink further in 2013 https://www.eutimes.net/2013/11/italys-economy-to-shrink-further-in-2013/ https://www.eutimes.net/2013/11/italys-economy-to-shrink-further-in-2013/#respond Mon, 04 Nov 2013 13:32:42 +0000 http://www.eutimes.net/?p=29924 Newly-released figures show that Italy’s economy is expected to shrink more than expected in 2013, continuing the country’s longest recession since the World War II. A report by Italy’s National Institute for Statistics (Istat) said on Monday that the country’s gross domestic product (GDP) will contract by 1.8 percent compared to a previous estimate of […]

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Portuguese protesters demand resignation of government https://www.eutimes.net/2013/10/portuguese-protesters-demand-resignation-of-government/ https://www.eutimes.net/2013/10/portuguese-protesters-demand-resignation-of-government/#respond Sat, 19 Oct 2013 20:11:00 +0000 http://www.eutimes.net/?p=29722 Tens of thousands of Portuguese have staged anti-austerity demonstrations in the country’s two most populated cities, demanding the resignation of the government. On Saturday, thousands of people took to the streets of the capital Lisbon against new wage and pension cuts planned in the country’s 2014 budget. According to organizers, up to 70,000 people attended […]

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Greece will need more rescue funds after 2014: EU official https://www.eutimes.net/2013/09/greece-will-need-more-rescue-funds-after-2014-eu-official/ https://www.eutimes.net/2013/09/greece-will-need-more-rescue-funds-after-2014-eu-official/#respond Sun, 08 Sep 2013 17:49:18 +0000 http://www.eutimes.net/?p=29170 A European Union official says Greece will need more rescue funds from its international creditors as the current rescue loan program expires at the end of 2014, amid economic slump in the European country. “Greece’s trouble will not have been completely resolved by 2014. It’s realistic to assume that additional support will be needed beyond […]

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Greece unemployment rate 27.6% in May https://www.eutimes.net/2013/08/greece-unemployment-rate-27-6-in-may/ https://www.eutimes.net/2013/08/greece-unemployment-rate-27-6-in-may/#respond Thu, 08 Aug 2013 20:07:19 +0000 http://www.eutimes.net/?p=28765 Fresh data show that the unemployment rate in debt-ridden Greece hit a record high in May, with youth accounting for the largest jobless number. Greece’s jobless rate reached 27.6 percent in May, up from 27.0 percent in April, according to a report released on Thursday by Greece’s statistic service LSTAT. The agency added that the […]

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Eurozone unemployment rate hits record 12.2 percent https://www.eutimes.net/2013/05/eurozone-unemployment-rate-hits-record-12-2-percent/ https://www.eutimes.net/2013/05/eurozone-unemployment-rate-hits-record-12-2-percent/#respond Fri, 31 May 2013 22:03:44 +0000 http://www.eutimes.net/?p=27676 Fresh data reveal the eurozone unemployment rate has hit a record high of 12.2 percent in April, with around 19.2 million receiving government financial assistance as recession continues to take its toll on European economies. The Eurostat data agency said on Friday that a total of 1.6 million people have lost their jobs in the […]

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Italians protest austerity in force https://www.eutimes.net/2013/05/italians-protest-austerity-in-force/ https://www.eutimes.net/2013/05/italians-protest-austerity-in-force/#comments Sat, 18 May 2013 21:54:21 +0000 http://www.eutimes.net/?p=27496 Thousands of Italians have taken to the streets in the capital Rome to protest against tough austerity measures adopted by the government of Prime Minister Mario Monti. Thousands of anti-austerity demonstrators gathered in Rome’s Piazza della Repubblica on Saturday, expressing their anger at the government’s massive spending cuts. Deep recession and the government’s highly unpopular […]

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More Portugese Need Food Assistance https://www.eutimes.net/2013/04/more-portugese-need-food-assistance/ https://www.eutimes.net/2013/04/more-portugese-need-food-assistance/#comments Sat, 06 Apr 2013 18:58:06 +0000 http://www.eutimes.net/?p=26812 The economic crisis in Portugal is forcing an increasing number of people in the recession-mired eurozone country to turn to food banks for help. “We have more people asking for our help every year, the list is growing so fast that we had to do something that isn’t our policy: create a waiting list,” said […]

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Europeans forfeit their freedoms to Brussels https://www.eutimes.net/2013/03/europeans-forfeit-their-freedoms-to-brussels/ https://www.eutimes.net/2013/03/europeans-forfeit-their-freedoms-to-brussels/#comments Wed, 13 Mar 2013 21:59:11 +0000 http://www.eutimes.net/?p=26444 European Union (EU) member states have forfeited their political freedoms to a bunch of unelected officials in Brussels, an analyst tells Press TV. “Free trade is a great idea. I always support the idea of free trade among European countries – a wonderful idea. But giving up your political freedom to a central government that […]

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Greece's unemployment rate hits 26.4% https://www.eutimes.net/2013/03/greeces-unemployment-rate-hits-26-4/ https://www.eutimes.net/2013/03/greeces-unemployment-rate-hits-26-4/#respond Sat, 09 Mar 2013 15:10:06 +0000 http://www.eutimes.net/?p=26393 Official figures show that the unemployment rate in Greece rose above 26 percent in December 2012, as the country embarks on its sixth year of recession. The Greek statistics office ELSTAT announced on Thursday that the unemployment rate hit 26.4 percent in December, which is five percent more than the data registered in 2011. The […]

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Greek pensioners protest austerity cuts https://www.eutimes.net/2013/02/greek-pensioners-protest-austerity-cuts/ https://www.eutimes.net/2013/02/greek-pensioners-protest-austerity-cuts/#respond Fri, 15 Feb 2013 10:06:42 +0000 http://www.eutimes.net/?p=26073 Greek pensioners have demonstrated in Athens to protest against the government’s harsh austerity measures and highlight the consequences of the program on their life. On Thursday, hundreds of elderly braved the heavy rain in the capital and marched to the country’s Labor Ministry to express anger at the government’s economic policies and rising unemployment, the […]

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Greek Parliament Passes Thrid Harsh Austerity Package https://www.eutimes.net/2012/11/greek-parliament-passes-thrid-harsh-austerity-package/ https://www.eutimes.net/2012/11/greek-parliament-passes-thrid-harsh-austerity-package/#comments Sun, 11 Nov 2012 19:45:42 +0000 http://www.eutimes.net/?p=24425 The Greece parliament has adopted an 18.5-billion-euro (23.6-billion-US dollar) austerity package amid clashes between police and angry protesters in the capital Athens. On Wednesday, the Greek lawmakers voted for the bill that cuts pensions by up to 15%, reduces some wages by a third, and raises the retirement age to 67. “These measures essentially bring […]

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Greece demands Billions of Euros for German WW2 crimes https://www.eutimes.net/2012/09/greece-demands-billions-of-euros-for-german-ww2-crimes/ https://www.eutimes.net/2012/09/greece-demands-billions-of-euros-for-german-ww2-crimes/#comments Wed, 12 Sep 2012 22:44:03 +0000 http://www.eutimes.net/?p=23327 Greece has threatened to hit Germany with a bill for tens of billions of pounds in outstanding reparations for Nazi war crimes during the Second World War. The move is an indication of growing outrage in Athens at the strictures being placed on the Greek economy by EU paymasters led by Germany. The finance ministry […]

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German business confidence falls to record low https://www.eutimes.net/2012/08/german-business-confidence-falls-to-record-low/ https://www.eutimes.net/2012/08/german-business-confidence-falls-to-record-low/#respond Tue, 28 Aug 2012 22:36:12 +0000 http://www.eutimes.net/?p=23070 Business confidence has dropped in Germany to its lowest level in more than two years amid pessimism over the eurozone’s deteriorating debt crisis, data show. According to the German research institute, Ifo, the country’s Business Climate Index fell to 102.3 points in August from 103.2 points in July, a larger decline than analysts had been […]

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