Relevant:
- Theresa May Elaborates on Brexit: 4 Quotes and What They Mean
- ‘Europe has to change course': Greece and Portugal unite to lambast EU
- Will Austerity Be The Catalyst For War?
- Emerging markets risk repeating eurozone blunder of synchronised tightening
- Efforts to Halt the Euro Crisis Ineffective in Southern Europe
2010-09-30 — telegraph.co.uk
"Workers are on the streets today with a clear message to Europe's leaders," said John Monks, head of the European Trade Union Confederation. "There is a great danger that workers are going to pay the price for the reckless speculation that took place in financial markets. You have to reschedule these debts so that they are not a huge burden and cause Europe to plunge down into recession..." "The EU politicians think they can somehow wipe away economic reality and the structural differences between these countries by bureaucratic means. It's ludicrous," said Ruth Leae, economic adviser to Arbuthnot Banking Group. Mr Monks said the proposals totally misguided. "How is that going to make the situation better? It is going to make it worse," he said.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.