Saturday, October 12, 2013

Eurozone still in crisis...

Italy's government led by Prime Minister Enrico Letta survived a challenge from Silvio Berlusconi, but is still faced with budget deficits and is looking to sell off prime properties to raise funds:
http://www.dailymail.co.uk/news/article-2455543/Italy-sell-50-historic-sites-try-pay-government-debt.html
Historic: Orsini Odescalchi castle in the lakeside town of Bracciano, 27 miles from Rome, is up for sale

Hunger is becoming an issue for many who have lost jobs due to budget cuts:
http://www.presstv.ir/detail/2013/10/10/328709/43-million-people-lack-food-in-europe/
and some Greeks are living in caves:
http://www.euronews.com/2013/10/10/what-would-socrates-think-of-homeless-greeks-in-caves-today/
However, Ireland is set to exit the international bailout program:
http://www.abc.net.au/news/2013-10-13/ireland-poised-to-exit-eu-imf-bailout-program/5019064

More sad news as another ship filled with migrants from Africa sank near the island of Lampedusa:
http://news.yahoo.com/boat-believed-carrying-migrants-sinks-off-sicily-173055026.html;_ylt=A2KJ3CZkBFpSYjQAggTQtDMD

Will the Euro crisis lead to support for anti-EU parties in the 2014 EU Parliament elections?  The National Front in France appears to be surging:
http://euobserver.com/political/121724

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