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The Irish government has unveiled an austerity plan Wednesday covering the next four years in order to save 15,000 million euros.
As part of the measures to slash spending and tackle the deficit, the government plans to eliminate 24,750 government jobs...
Student and public demonstrations are nothing new but they achieve significance during periods of societal change. Ordinarily they are safety valves when public frustrations build up a head of steam. The protest over, the placard-bearing crowds are...
As the Irish banks are due to be rescued with up to 100,000 million euros in bailout funds, economists, investors and financial experts are turning their eyes on Portugal and Spain, asking “Who’s next?”
An article in the Independent...
A Bulgarian from Pazardzhik, a city in the southeast of the capital Sofia, has been arrested after committing a long list of crimes while under the influence of drugs, according to an article by daily Metro.
Angel Atanasov was bored and decided with a...
As Europe crumbles under an ever worsening debt crisis, activists are calling for a banking crash on the 7th December.
Ex-footballer Eric Cantona has taken up the task to promote a revolution against the banking oligarchy calling for everyone to take...
Given Ireland’s record of poverty-fuelled emigration it is depressing to discover it profiting from the similar miseries of others. Today it bears the shame of being the European hub of human trafficking between Asians, Africans and young Latvian women.
Shockingly...
Irish Prime Minister Brian Cowen confirmed Sunday that his country requested financial assistance, which has received the approval of European Union Finance Ministers as well as the IMF (International Monetary Fund).
Didier Reynders, Belgium Finance Minister...
According to Germany’s Interior Minister, Thomas de Maiziere, there are “concrete indications of a series of attacks planned for the end of November”.
As a result of the perceived threats he was ordering an increased security in the...
The public debt crisis sweeping the European Union could be moving into decisive moments. The British governement controlled RBS (Royal Bank of Scotland) is betting on a bailout for Ireland in less than 15 days and another for Portugal before the end...
Students in Britain have fiercely protested the governments austerity measures which include a tripling of tuition fees for universities across the country.
Approximately 50,000 students marched peacefully on the Parliament buidling Wednesday, but demonstrations...