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Early Thursday the French train network, airports, utilities and the public sector were hit by work stoppages, the second major cordinated strike in France this year.

Can Nicolas Sarkozy solve economic crisis?Over 200 rallies will be held throughout the day all across France with over 1 million people expected to participate. The strikes are in response French President, Nicolas Sarkozy’s handling of the current economic crisis, resulting in a surge in unemployment and rising injustice.

Unions are demanding that Sarkozy hike the minimum wage, increase taxes on the rich and scrap plans to cut public sector jobs.

President Nicolas Sarkozy told cabinet ministers Wednesday that he “understands the concerns of the French people,” but that his government has ruled out new social spending, saying its top priority remains to protect jobs and industry, according to the French news agency, Agence France-Presse.

Image by 13142544@N00 under Creative Commons.

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  3. Ireland to Slash 25,000 Government Jobs
  4. Germany, France return to growth in Q2; Europe on course for recovery
  5. French budget deficit to top 7 per cent

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Author: GlobalCrisisNews.com (272 Articles)

1 Comment

  1. HSR0601 says:

    I guess the U.S. need to accept the suggestions of the E.U., and the E.U.and the other nations need to adopt an advanced smart grid technology, which is worth the deficit for job creation and economic activity, is something to do ultimately.

    I think like USA, the world economy also urgently needs job creation, and like internet, the global economy requires common ground, that is why The World-Wide Green New Deal is necessary.
    We can not rebuild grand economy on the volatile, declining energy base, instead, the world has enough technology and its potential, I suppose.

    Thank you !

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