Friday, November 18, 2011

Eurozone crisis: protests and violence on the streets in Italy and Greece...

Protests and violence broke out on the streets of cities in Italy and Greece on Thursday as new governments in both countries pressed forward with unpopular austerity measures and economic reforms demanded by the European Union.

Clashes between police and protesters erupted in Italy as the newly-sworn in prime minister, Mario Monti, laid out his plans to slash the country's 1.9 trillion euro debt and stimulate growth.

In Milan, riot police used their batons against students who spray-painted shops and banks and threw firecrackers.

The students, protesting against cuts to the education budget, had hoped to march on Milan's Bocconi University, which is headed by Mr Monti, a professor of economics, and is considered the training ground for Italy's banking and financial elite. Full story...

Don't miss:
  1. Compared to Italy, Greece is just a sideshow...
  2. Why the media is mum about Iceland...
  3. What do all those G20 summits really mean?
  4. Financial crisis: Eurocrats are terrified of democracy...
  5. Scandal the European parliament tried to keep secret...
  6. The EU dream has turned into a nightmare...
  7. Support for the EU in Norway falls to record low of just 12%...

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