Tag Archives: Austerity Measures

The unemployment rate in the Europe has reached a record high percentage of 10.9. In times like this we really have to wonder, what are our ‘leaders’ doing? Why did they let this happen? From the looks of it, all efforts to recover the economy seems futile. While the world at large seems to be doing good, Eurozone has continued ... Read More »

A man threw a shoe at Greek Prime Minister George Papandreou Saturday in protest against the socialist government’s austerity measures. The shoe missed its intended target and the man was arrested along with two accomplices, radio reports said. The incident took place in the northern city of Thessaloniki where the prime minister was attending the opening of an international exhibition. ... Read More »