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

Greek pensioners demonstrate against spending cuts

EU Times — Thu, 02 Oct 2014 20:20:52 +0000

Greek pensioners have taken to the streets in the capital, Athens, to voice anger at austerity measures taken by the government of Prime Minister Antonis Samaras. Furious at the government’s plans to cut pensions and increase taxes, the demonstrators gathered in central Athens on Thursday and marched on the premier’s office. The protest came a […]

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Thousands protest in France against austerity measures

EU Times — Fri, 16 May 2014 14:45:02 +0000

Thousands of civil servants in France have held a one-day strike over pay and work conditions. The demonstrators marched in several cities on Thursday to protest against the government’s planned spending cuts. The strike came after the government last month announced a series of spending cuts, including a freeze on public sector pay, for the […]

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Greeks stage massive anti-austerity rally in Thessaloniki

EU Times — Mon, 09 Sep 2013 22:02:31 +0000

Greeks have taken to the streets in yet another mass anti-austerity demonstration despite the government’s talk of improvement in the recession-hit economy. Thousands of people, including union workers, rallied in the country’s second largest city of Thessaloniki on Saturday to protest against cutbacks and layoff of public workers. Leader of Greece’s major opposition party, the […]

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Tens of thousands of Italians protest against unemployment, high taxes

EU Times — Sat, 22 Jun 2013 15:59:48 +0000

Tens of thousands of workers and jobless people have taken part in a rally in the Italian capital, Rome, in protest against the country’s rising unemployment rate and unfair taxes. Italy’s three largest labor union confederations, the CGIL, CISL, and the UIL, organized the Saturday rally. The protesters slammed the government of Prime Minister Enrico […]

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Thousands of Spaniards hold anti-austerity protests in Madrid

EU Times — Sun, 16 Jun 2013 22:48:56 +0000

Thousands of Spaniards have staged rallies across the country to express resentment against austerity measures, recession and the soaring rate of unemployment in the country. The protests took place on Sunday in 29 cities including the capital Madrid, the country’s second-largest city, Barcelona, and the Atlantic port of Vigo in the northwest. The protesters — […]

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Napolitano reelected as Italy's president

EU Times — Sat, 20 Apr 2013 19:14:16 +0000

Giorgio Napolitano has been reelected as the president of Italy, after accepting an appeal by the country’s major political parties to stand for a second term. In their sixth round of voting, 1,007 Italian lawmakers and regional representatives voted for Napolitano, 87, on Saturday, putting an end to a two-month political deadlock. “I feel obliged […]

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Portugal launches fresh round of austerity measures

EU Times — Thu, 18 Apr 2013 22:40:51 +0000

Portugal has announced a fresh round of spending cuts in order to obtain the approval of international lenders and secure additional funds for the debt-ridden country. The Portuguese government said on Thursday that it plans 800 million euros of spending cuts this year on public sector staff, goods and services, which is worth 0.5 percent […]

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Spain parliament approves harsh austerity measures

EU Times — Thu, 20 Dec 2012 21:02:19 +0000

The Spanish parliament has adopted a 39-billion-euro (52-billion-US dollar) austerity package as the debt-ridden eurozone country battles to reduce its budget deficit. On Thursday, the lawmakers voted for the cuts in the 2013 budget, which slashes spending for health care and education, and reduces pensions among other tough measures, AFP reported. On Tuesday, Prime Minster […]

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Vince Cable: UK Economy is in Deep Crisis

EU Times — Fri, 05 Oct 2012 12:39:02 +0000

The British Business Secretary Vince Cable says the UK economy is currently “in a very deep crisis”. Cable told the state-run BBC that it is “very difficult” to predict when the UK economy would recover from the recession and resume growth. Meanwhile, the Markit/Cips purchasing managers’ index (PMI) for services found that growth in the […]

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Eurozone’s unemployment at record high amid debt crisis

EU Times — Tue, 31 Jul 2012 22:09:18 +0000

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 […]

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Spanish students protest austerity measures

EU Times — Wed, 22 Feb 2012 09:38:40 +0000

In the Spanish city of Valencia, hundreds of people gathered to protest against tough spending cuts imposed by the government and growing police violence. A day after police forces violently clashed with students protesting over spending cuts, peaceful protesters gathered outside the Instituto Lluis Vives, across the city’s main train station. On Monday, security forces […]

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Greek pensioners take to streets over cuts

EU Times — Wed, 15 Feb 2012 21:23:20 +0000

In Greece, angry pensioners have once again taken to the streets in the capital Athens to protest against the government’s tough spending cuts. The pensioners gathered to express opposition with lawmakers’ decision to slash another 325 million euros in wages, pensions, and jobs, as demanded by the European Union and International Monetary Fund (IMF) in […]

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