austerity measures

  • Madrid – Police clashes with protestors

    Police fired rubber bullets and tear gas at activists who gathered in Madrid’s Plaza de Neptune on September 25, 2012 to protest Spanish austerity measures. What was suppose to be a peaceful protest soon became a fierce clash. Local media reported that by 20:00 UTC 22 people were arrested and 14...
  • Greek bank: Country would implode if it pulled out of the Eurozone ?

    29.May 2012 – In a report released ahead of an election on June 17 that may determine whether the country stays in the single currency, the country’s biggest bank said the risk of Athens exiting the euro was no longer just a theoretical possibility, warning that the fallout from...