Wednesday, November 14, 2012

Anti-austerity strikes sweep Europe


Millions of workers joined strikes across southern Europe on Wednesday to protest against spending cuts and tax hikes that trade unions say have brought misery and deepened the region's economic crisis.
Spanish and Portuguese workers were holding their first coordinated general strike and unions in Greece, Italy and France, Belgium also planned work stoppages or demonstrations as part of a "European Day of Action and Solidarity".
Spanish police arrested 32 people in the early hours of the morning as scuffles broke out at picket lines. Power consumption dropped 11 percent as factories shut down production lines. Portugal's trains were barely running and the metro was shut.
"We're on strike to stop these suicidal policies," said Candido Mendez, head of Spain's second-biggest labor federation, the General Workers' Union, or UGT.
International lenders and some economists say the programs of tax hikes and spending cuts are necessary for putting public finances back on a healthy track after years of overspending.
While several southern European countries have seen bursts of violence, a coordinated and effective regional protest to the austerity has yet to gain traction and governments have so far largely stuck to their policies.
Spain, where the crisis has sent unemployment to 25 percent, has seen some of the biggest protests and Prime Minister Mariano Rajoy is trying to put off asking for European aid that could require even more budget cuts.
Passion was inflamed when a Spanish woman jumped to her death last week as bailiffs tried to evict her from her home. Spaniards are furious at banks being rescued with public cash while ordinary people suffer.

Read more: http://www.reuters.com/article/2012/11/14/us-spain-portugal-strike-idUSBRE8AD00020121114

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