Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

marmar

(77,056 posts)
Mon Jan 30, 2012, 11:26 AM Jan 2012

EU summit on debt crisis faces Brussels disruption as unions strike


from the Guardian UK:





Three of Belgium's biggest unions are expected to bring Brussels to a standstill on Monday and complicate the arrival of EU leaders for a summit that is their first attempt this year to resolve the single currency and sovereign debt crisis.

Air travel will be seriously disrupted, public transport halted, and roads blocked in the 24-hour strike called to protest against the austerity packages raining down on the EU, with the new Belgian government seeking to lower its debt by raising taxes, slashing benefits and laying off workers.

The issues behind the strike are the same as those on the agenda for the summit. Greece's desperate plight hovers over the meeting, although formally there is no mention of Greece on the agenda or in the statements drafted for the meeting.

Instead the leaders of the 27 governments will discuss how to underpin an EU recovery – of which there is absolutely no sign – with "smart growth" policies, which would entail medium-term structural reforms, cutting labour costs, reshaping labour markets and redirecting surplus EU budget funds towards the eurozone periphery, where the debt crisis is hitting hardest. ...........(more)

The complete piece is at: http://www.guardian.co.uk/business/2012/jan/29/eu-summit-brussels-disruption-strike



Latest Discussions»General Discussion»EU summit on debt crisis ...