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Tag: Austerity Measures


Flickr/Gage Skidmore

Krugman Derides ‘Pathetic’ GOP Fiscal Cliff Offer

The Nobel Prize-winning economist puts specifics offered by Senate Minority Leader Mitch McConnell through some harsh analysis.

Posted on Dec 2, 2012 READ MORE



Flickr/Fortune Live Media

CEO’s Demand Austerity to Fix Budget, Not End to Corporate Welfare

A group of corporate CEOs that contributed to the burgeoning deficit crisis want the poor and elderly to largely pay for the mess the greedy Wall Street fat cats helped create.

Posted on Nov 26, 2012 READ MORE



bbc.co.uk

Suicide Sparks New Protests in Athens

After 77-year-old Greek retiree Dimitris Christoulas fatally shot himself in front of the parliament building in Athens on Wednesday, Greek protesters’ ire again exploded over the austerity measures that the government has implemented to save the country from economic ruin while sacrificing citizens’ funds along the way.

Posted on Apr 5, 2012 READ MORE



AP / Kostas Tsironis

Greek Unrest the Result of Suppressed Democracy

Denied a referendum on crippling austerity measures, Greeks demonstrated Sunday night that if they couldn’t express their opinions one way, then they would do it in another.

Posted on Feb 15, 2012 READ MORE



AP / Kostas Tsironis

All Hades Breaks Loose in Greece

On Sunday, after months of economic and political turmoil, Greek citizens fed up with paying for mistakes made by their country’s power elite took to the streets by the tens of thousands to signal their disapproval of the austerity measures the government pushed through late that night.

Posted on Feb 13, 2012 READ MORE



bbc.co.uk

Sarkozy and Merkel: Never Again

As France and Germany have become the self-appointed leaders of the eurozone’s financial crisis recovery initiative, President Nicolas Sarkozy brought German Chancellor Angela Merkel in for a meeting in Paris, during which they decided, as Sarkozy said, “What has happened must never happen again.”

Posted on Dec 5, 2011 READ MORE



Flickr / Alessio85

Berlusconi Shown the Door

Italian Prime Minister Silvio Berlusconi has powered his way through political crises with all the subtlety and grace of a battering ram, but in the end, he couldn’t fix Italy’s foundering economy. So, Il Cavaliere (The Knight) is about to lose his occupazione (job).

Posted on Nov 8, 2011 READ MORE


Berlusconi
Wikimedia Commons/AgĂȘncia Brasil

So Long, Silvio?

Either Italian Prime Minister Silvio Berlusconi is in serious denial mode or he’s about to pull off a recession-defying stunt of unprecedented proportions, as pressure is mounting for the embattled PM to follow the fresh example of his Greek counterpart ... (more)

Posted on Nov 7, 2011 READ MORE



AP / Petros Karadjias

Gridlock in Greece

So, time is running out for the Greek government to put a plan in place in the interest of avoiding complete economic catastrophe. Too bad Prime Minister George Papandreou’s austerity-tastic ideas are failing to win over the protesters ... (more)

Posted on Jun 28, 2011 READ MORE



AP / Dimitri Messinis

Kanellos the Protest Dog

A stray dog named Kanellos has apparently been on the front lines of most major protests in Greece over the past two years. He is also the focus of a blog, the subject of a recent Guardian photo essay, and the inspiration for several YouTube video homages.

Posted on May 7, 2010 READ MORE


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