Greek voters punish outgoing coalition for austerity drive Greek voters delivered a stunning anti-austerity election verdict Sunday, punishing the ruling coalition and leaving the country's political future and the eurozone's stability hanging in the balance. Greeks reject eurozone austerity in 'earthquake' vote Greek voters dealt a blow to eurozone hopes that Athens will stick to its austerity commitments as parties opposing more cuts, including neo-Nazis, won almost 60-percent support in an election Sunday. French vote to test Europe's stance on austerity The election Sunday of socialist Francois Hollande as president of France raises questions about the future of austerity throughout Europe. Austerity Is So Wrong! We can end the current Depression, but politicians' desire to slash spending is destructive, says Nobel–winning economist Paul Krugman. Austerity-weary voters punish Greek's mainstream parties Election results rekindle fears of euro zone pullout Austerity Loses As Greece's Fringe Parties Win Big According to exit polls, angry Greek voters have overwhelmingly punished the two major parties that endorsed draconian international loan agreements. There is no front-runner in sight, but the fringe parties on the left and the right that strongly oppose the bailout terms have benefited the most. Austerity-weary Greece faces electoral impasse After more than two years of financial crisis, international bailouts, a huge debt writedown and Europe's harshest austerity program, Greek voters have been given a chance to hit back at the parties that got them into this mess. Europe finds austerity a tight fit Europe has seen austerity, and it doesn't work. With governments across the continent slashing their budgets, unemployment in the 17-nation euro zone hit 10.9 percent in March , its highest level since the euro was first minted in 1999. Eleven European countries — including a couple that are not in the euro zone but have nonetheless inflicted austerity on themselves, such as Britain — are ... Austerity-hit Italian voters head to local polls Italians voted in local elections Sunday seen as a test of the country's political mood nearly six months after Prime Minister Mario Monti's government took over and imposed a biting austerity programme. Europe must balance austerity with growth: EU's Rehn BRUSSELS (Reuters) - Europe needs to balance cutting its debt with measures to stimulate growth, the region's top economics official said on Saturday, as austerity threatens to drag the bloc into its second recession in three years. During the financial crisis, the message from Brussels has been that struggling euro zone countries must cut their budget deficits and carry out structural reforms ...
Key Words: austerity
References:
http://www.thedailybeast.com/articles/2012/05/06/paul-krugman-austerity-is-so-wrong.html
http://www.forbes.com/sites/dailymuse/2012/04/24/4-ways-to-stay-sane-in-a-toxic-office/
http://www.techdirt.com/articles/20120422/17372618598/sen-harry-reid-postal-service-must-be-saved-because-seniors-love-junk-mail.shtml
http://www.businessweek.com/articles/2012-05-02/is-europes-weakness-finally-reaching-germany
http://www.voanews.com/english/news/europe/Greek-Economy-Shrinking-Faster-148688745.html
http://www.foxnews.com/politics/2012/05/04/sickly-job-growth-sets-up-unhappy-choice-for-obama/
http://www.detroitnews.com/article/20120507/NATION/205070348/1020/rss09
http://www.nytimes.com/2012/04/28/business/global/spain-pursuing-austerity-still-waits-for-the-payoff.html
http://www.nytimes.com/2012/04/29/business/austerity-is-no-quick-answer-for-europe-economic-view.html
http://www.forbes.com/sites/robclarfeld/2012/04/30/european-austerity-and-the-fate-of-the-euro/
http://www.nytimes.com/2012/04/10/world/europe/greeks-rush-to-pass-handouts-before-austerity.html
http://www.twincities.com/news/ci_20563547/voters-europe-reject-germanys-austerity-plan?source=rss
http://www.courier-journal.com/article/20120506/NEWS03/305060093/1001/rsslink
http://blogs.wsj.com/eurocrisis/2012/05/06/italian-local-elections-testing-voter-sentiment/?mod=fox_australian
http://www.ajc.com/news/nation-world/whats-at-stake-as-1432330.html?cxtype=rss_nation-world
http://pixelhat.net/
Sunday, May 6, 2012
Austerity Is So Wrong! 4 Ways to Stay Sane in a Toxic Office Sen. Harry Reid The Postal Service Must Be Saved Because 'Seniors Love Junk Mail' Jobs Report More Evidence Doesn't Work Europe's Weakness Finally Reaching Germany Greek Economy Contracting at Rapid Rate Job Numbers Put Obama Between Rock Hard Place Socialist Francois Hollande elected France's president News Analysis Spain Pursuing Still Waits for the Payoff Economic View No Quick Answer Europe European and Fate of Euro Greeks Rush Pass Handouts Before Voters reject Germany's austerity plan French election signals change Market reaction votes Italian Local Elections Testing Voter Sentiment What's stake as 6 nations vote
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