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Chronicles of the Unemployed in Greece
Journalist and author Christoforos Kasdaglis started The Diary of an Unemployed [el], a project to collect stories [el] and data [el] on Greek unemployment, consistently driven to record figures for...
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Spain’s population falls as immigrants flee crisis
By Fiona Ortiz MADRID (Reuters) – Spain’s official population fell last year for the first time since the 1940s as immigrants fled a five-year on-and-off recession that has sent unemployment soaring....
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Archbishop of Canterbury Justin Welby: Britain is in a depression
Speaking at a Bible Society debate on ethics in finance, Justin Welby described the financial crisis as a ‘generational problem’ driven by a slump in confidence as much as a breakdown in the markets....
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Spain’s jobless above 6 million for first time
MADRID (AP) — With over 6 million unemployed for the first time ever, Spain’s jobless rate shot up to a record 27.2 percent in the first quarter of 2013, the National Statistics Institute said...
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Racism on the rise in recession hit Greece
Racism is increasing in Greece according to studies by a group of human rights organisations. Violence against immigrants, exploitation and discrimination have all risen in the last year....
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Spain’s unemployment rate hits record 27%
Spain’s National Statistics Institute says the country’s unemployment rate shot up to a record 27.2 per cent in the first quarter of 2013. Spain’s unemployment rate hits record 27%
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French unemployment at new high
The unemployment rate in France rose again last month for the 23rd time in a row, reaching a fresh high with 3.2 million people seeking work, official data shows. The number of unemployed people in...
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Portugal: 39th anniversary of revolution turns into austerity protest
The celebrations for the 1974 “Carnation Revolution” in Portugal have taken on a poignant tone this year. People from all walks of life who gathered… Portugal: 39th anniversary of revolution turns into...
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Switzerland says NO to more foreign workers as it imposes new quota on...
Switzerland is placing a ban on the number of EU citizens – including Britons – who can work in the country as public anger grows over mass immigration. From next week the Alpine state will implement...
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Greece starts firing civil servants for first time in a century
The Greek government began its first mass-firing of public-sector workers in more than 100 years this week, part of an effort to lay off 180,000 by 2015 under Europe-imposed austerity. Following weeks...
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Spanish man chops off his hand to claim £1.77m insurance
A Spanish man has chopped off his hand in an attempt to claim €2.1 million (£1.77m) from a slew of insurance companies. The unnamed man told 11 different firms that he had lost his hand in a car crash....
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Spain Is Beyond Doomed: The 2 Scariest Unemployment Charts Ever
Spain is in a great depression, and it is one of the most terrifying things I have ever seen. Five years after its housing boom turned to bust, Spanish unemployment hit a record high of 27.2 percent in...
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20 Signs That The Next Great Economic Depression Has Already Started In Europe
The next Great Depression is already happening – it just hasn’t reached the United States yet. Things in Europe just continue to get worse and worse, and yet most people in the United States still...
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Thousands rally against European austerity on May Day
MADRID (Reuters) – Workers hit by lower living standards and record high unemployment staged May Day protests across Europe on Wednesday, hoping to persuade their governments of the case for easing...
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Euro Area Recession Is Expected to Deepen
The economic outlook for the European Union has deteriorated and the unemployment and recession blighting the euro area are expected to worsen, the European Commission warned on Friday. Euro Area...
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EU sees deeper eurozone recession in 2013
The European Commission, in its Spring Economic Forecast, has revised down growth figures for the eurozone with worsening contraction for 2013. “We… EU sees deeper eurozone recession in 2013
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Europe’s Economic Crisis: Unemployment hits Record Highs in Spain, France
According to figures published yesterday, the number of unemployed workers in Spain and France has reached all-time highs, as Europe’s economic collapse accelerates under the impact of the global...
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Debt crisis for over-60s: Number unable to cope rises by 40% in three years
Over-60s typically have larger debts than any other age group, owing on average £23,000, while the typical debts of the rest of those contacting the charity Step Change are around £17,650. Debt...
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Greek youth unemployment hits 64 per cent
Greek youth unemployment shot to a record 64 per cent in February, underscoring the dire state of the recession-hit economy despite signs of improving business sentiment. Greek youth unemployment hits...
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Greece’s youth unemployment hits 60 per cent in crisis hit country
Greece’s jobless rate has almost tripled since the country’s debt crisis emerged in 2009 and was more than twice the euro zone’s average unemployment reading of 12.1 per cent in March. Greece’s youth...
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