Tuesday, September 25, 2012

Protests over austerity measures in Spain and Greece

The New York Times ran a sobering story on the reality of hunger in Spain as austerity measures hit even the middle class: http://www.nytimes.com/2012/09/25/world/europe/hunger-on-the-rise-in-spain.html?_r=1

Protests spread in Madrid and both polic officers and protesters were injured:
http://www.nytimes.com/2012/09/26/world/europe/protests-continue-in-spain.html



The two biggest unions in Greece planned a general strike for Wednesday: http://www.reuters.com/article/2012/09/25/greece-strike-idUSL5E8KP5YM20120925?type=marketsNews

Meanwhile Angela Merkel continues to face resistance to proposed bailouts which must be approved by the German Bundestag: http://online.wsj.com/article/SB10000872396390444083304578016322798744636.html
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While finance ministers from Germany, Finland and the Netherlands want to reopen negotations on the banking deal agreed to at the European summit last June:
http://uk.mobile.reuters.com/article/idUSL5E8KPCS620120925?irpc=932

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