Monday May 20, 2013 Search
Weather | Athens
33o C
20o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Europe is losing its footing

By Nikos Xydakis

Recession and unemployment, a double bane that has been trying the patience of the Greek people for four years, are now threatening to provoke a social rift in larger European countries as well. The sociopolitical crisis is rearing its ugly head and manifesting itself in different ways in countries as diverse as Portugal, Ireland, Italy and even France, where automaking giant Peugeot Citroen has decided to proceed with 8,000 layoffs.

In peace-loving Spain, burgeoning unemployment is being addressed with more austerity measures and with police putting an end to a protest by thousands of coal miners from the region of Asturias by firing rubber bullets at them. The escalation of violence in Asturias is a reminder to the Spanish people that that was where a 1934 revolutionary uprising took place ahead of the country’s 1936-39 civil war, and that that was where the dictatorship of Francisco Franco tried unsuccessfully to violently quell the country’s general strike in 1962.

The true dimensions of the European economic crisis that began in 2008 are now becoming apparent and its medium-term consequences are being felt by all. Obviously this is not just a liquidity crisis and obviously it will not be solved with large cash injections and fiscal discipline alone. Europe’s overdue and cowardly management of the crisis lacks radical new strategies and historical perspective, and it is resulting in a chain reaction of social fissures both within each member state and in the European Union as a whole, whose outcome cannot be predicted.

The leaderships of the EU and of its members seem powerless to grasp the historical magnitude of what is going on, and they continue to pressure the people to make more sacrifices and to watch their standards of living deteriorate even further without offering a road out of the crisis, without offering hope and without a vision for a sustainable future. They have no plan for a transition toward a new, balanced system.

The situation as it stands today reveals a Europe that is tired and deteriorating, a Europe without a destination that is losing its step and falling behind in the global economic competition. But the most important part of the problem is that the chasm between the EU’s leaderships and its people is ever-widening and is reaching dangerous proportions as it is fed by distrust, the lack of a mutual understanding of the risks and by the impoverishment of the lower and middle classes.

ekathimerini.com , Friday Jul 13, 2012 (18:31)  
On a dangerous path
Carpe diem
We’re not out of the woods
A disgrace to Parliament
Dutch children´s entertainer to appear in Crete court over hotel stabbing
The Dutchman accused of stabbing a 12-year-old Russian boy during his vacation in Crete last week is to face a magistrate on Monday. Cirino Schrijver, a 20-year-old who worked as a children’...
Samaras vows return visit to Azerbaijan after talks with Aliyev in Baku
Prime Minister Antonis Samaras vowed to return to Azerbaijan after holding talks in Baku on Sunday with the country’s president Ilham Aliyev. One of the main topics of conversation during th...
Inside News
Gazprom´s Miller returns to Athens for third time as gas sell-off hots up
Gazprom CEO Alexey Miller is due back in Athens on Monday, his third visit to Greece since March, as the gas giant steps up its interest in the Greek privatization process. Gazprom is one of...
Submission of online tax returns to begin this week
Greeks will be able to begin filing their income tax returns online later this week, the Finance Ministry said on Monday. The ministry has completed technical changes to the Taxis Net system...
Inside Business
TRACK & FIELD
Otto records world-leading jump in pole vault in Athens
Germany's Bjoern Otto recorded the world's leading performance in the men's pole vault at the Athens Street Pole Vault event that took place at Zappio, in central Athens, on Saturday afterno...
SOCCER
PAS Giannina stuns PAOK at Toumba
PAS Giannina upset PAOK at Thessaloniki on Sunday to take the lead at the Super League play-offs, while Asteras Tripolis rebounded from its loss at Ioannina in midweek to defeat Atromitos at...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
 RECENT NEWS
1. Gazprom´s Miller returns to Athens for third time as gas sell-off hots up
2. Submission of online tax returns to begin this week
3. Dutch children´s entertainer to appear in Crete court over hotel stabbing
4. Samaras vows return visit to Azerbaijan after talks with Aliyev in Baku
5. Greece isn´t turning the corner
6. Otto records world-leading jump in pole vault in Athens
more news
Today
This Week
1. Greece isn't turning the corner
2. Samaras vows return visit to Azerbaijan after talks with Aliyev in Baku
3. Dutch children's entertainer to appear in Crete court over hotel stabbing
4. Submission of online tax returns to begin this week
5. Gazprom's Miller returns to Athens for third time as gas sell-off hots up
6. On a dangerous path
Today
This Week
1. Olympiakos's Euroleague basketball win shows Greeks can 'reach the peak,' says President Papoulias
2. The vision thing
3. Golden Dawn MP ejected from Parl't after 'Heil Hitler' incident [UPDATE]
4. Greece: A reality check
5. Greek economy shrank by 5.3% in Q1 of 2013 as recession continues
6. Do trophies mean anything after all?
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  International Herald Tribune  |  RSS
Copyright © 2013, H KAΘHMEPINH All Rights Reserved.