Showing posts with label by Barry Moody and Fiona Ortiz. Show all posts
Showing posts with label by Barry Moody and Fiona Ortiz. Show all posts

Sunday, April 1, 2012

Analysis: Resistance to austerity stirs in southern Europe

This article covers a recent strike in Spain, and the reactions of southern European countries' citizens to their future economic projections. Politician of Spain,Mariano Rajoy and Italy's Mario Monti may face a deeper recession in their countries, possibly resulting from cuts intended to reduce debt. Greece and Portugal also face similar problems possibly from providing exceptional workers benefits under a multinational currency.