Austerity protests stall several European nations
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Austerity protests stall several European nations

Last Updated: Thursday, November 15, 2012, 09:31
 
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Austerity protests stall several European nations
Brussels: Hundreds of thousands of Europe's beleaguered citizens went on strike or snarled the streets of several capitals on Wednesday, at times clashing with riot police, as they demanded that governments stop cutting benefits and create more jobs.

Workers with jobs and without spoke of a "social emergency" crippling the world's largest economic bloc, a union of 27 nations and half a billion people.

The protests were met with tear gas in Italy and Spain, but were largely limited to the countries hardest hit by the austerity measures designed to bring government spending into line with revenues. Wealthier nations like Germany, the Netherlands and Denmark saw only small, sedate demonstrations.

Governments backing the line of stringent austerity were not impressed by the show of force.

"We must nevertheless do what is necessary: break open encrusted labour markets, give more people a chance to work, become more flexible in many areas," German Chancellor Angela Merkel said. "We will of course make this clear, again and again, in talks with the unions."

Spanish Economy Minister Luis de Guindos spoke of "a long crisis that has meant sacrifice and uncertainty," but said: "The government is convinced that the path we have taken is the only possible way out."

To combat a three-year financial crisis over too much sovereign debt, governments across Europe have had to raise taxes and cut spending, pensions and benefits.

As well as hitting workers' incomes and living standards, these measures have also led to a decline in economic output and a sharp increase in unemployment.

The zone of the 17 countries that use the euro currency is expected to fall into recession when official figures are released tomorrow. Unemployment across those countries has reached a record 11.6 percent, with Spain and Greece seeing levels above 25 percent.

With no end in sight to Europe's economic hardship, workers were trying to take a stand today.

"There is a social emergency in the south," said Bernadette Segol, secretary general of the European Trade Union Confederation. "All recognise that the policies carried out now are unfair and not working."

Spain's General Workers' Union said the nationwide strike the second this year was being observed by nearly all workers in the automobile, energy, shipbuilding and construction industries. The country, reeling from austerity measures designed to prevent it from asking for a full-blown international bailout, is mired in recession with 50 per cent unemployment among its under-25s.

PTI



First Published: Thursday, November 15, 2012, 09:31


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