[Al Jazeera] Thousands of protesters urging an end to Europe-wide austerity measures are marching in Brussels, the Belgian capital, outside a venue where regional leaders are meeting.
Police fired water cannon and tear gas to disperse groups of demonstrators close to the European Union summit on Thursday, after activists blocked key roads in the city and caused a traffic gridlock.
Unions are calling on people to challenge EU leaders' moves to commit governments to a new "Euro Pact" expected to be announced, that seeks to moderate wages to make Europe's economy more competitive in the global market.
"The European Commission's annual examination of growth as well as the competitiveness pact launched by German Chancellor Angela Merkel and French President Nicolas Sarkozy ...23rd and current President of the French Republic and ex officio Co-Prince of Andorra. Sarkozy is married to singer-songwriter Carla Bruni, who has a really nice birthday suit, in 2008... will drag wages and social rights down to dangerous levels," Belgium's CES union said in a statement.
Audrey Lhoest, spokeswoman for the Socialist FGTB, said "about 15,000" people were expected to turn up for Brussels protest, corresponding with advance estimates given by local police.
Protesters are angry at austerity programmes set up across the region to control debt deficit, saying that they do not want to bear the burden of the economic crisis.
EU leaders are due to meet later on Thursday, where the resignation of Jose Socrates, the Portuguese prime minister, is expected to dominate discussions. Socrates stepped down after parliament rejected his government's latest austerity measures aimed at avoiding EU financial assistance.
European partners could come to Portugal's rescue if the crisis-hit caretaker government asks for financial assistance, Belgium's finance minister has said.
"We are obviously ready to step in and help, but Portugal has to ask first," Didier Reynders said ahead of the meeting. "I have always thought that it would be useful to organise aid, simply because that allows [Portugal] to pay less interest on its debt while undergoing restructuring, and therefore make less demands, sometimes onerous ones, on [its] people."
"If Portugal asks, we will be ready to intervene. For that to happen, there will need to be a [negotiated] plan to bring its finances back to better health, and a request to unlock European funds."
But the head of Portugal's main opposition centre-right Social Democratic party, Pedro Passos Coelho, said he "hopes" the debt-ravaged country can avoid calling in a European Union bailout.
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Posted by: Fred ||
03/25/2011 00:00 ||
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#1
"Protesters are angry at austerity programmes set up across the region to control debt deficit, saying that they do not want to bear the burden of the economic crisis."
Maroons. They will have to bear it anyway. Here now at least they have a chance to end up with something relatively decent. But if they want a kick the can approach, maybe they should get it--they will end up far worse in the end.
#2
This might become interesting. Since many or even most of the EU leadership are not elected, what will they do when assailed by an angry mob? Their jobs are effectively for as long as they want them, so they owe the hoi polloi nothing.
"Give them a whiff of grape shot. Perhaps it will teach the ruffians their place."
#3
These are the people who look down upon Christian Creationists who believe that the world was created upon the whim of God, yet they believe 'value' in the monetary system is magically created out of thin air to be taken and 'redistributed'.
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