Financial Crisis Sparks Unrest in Europe

By: admin
Published: February 27th, 2009

From Reuters

Thousands of Opel workers from around Germany took part in a mass rally on Thursday demanding parent General Motors scrap plans for plant closures in Europe.

In Sweden unions and the Social Democrat party planned a protest “For Jobs” later on Thursday at a Saab plant in Trollhattan.

The global financial and economic crisis has sparked many protests in parts of Europe. Here are some details:

* BOSNIA — Bosnia’s Muslim-Croat parliament cancelled a session on Thursday rather than confront protesters complaining about its plans to pass a law cutting benefits to narrow a big budget gap.

– It was the latest in a series of protests by workers and disabled people, angry at unemployment and tough measures to keep a lid on government debt that has ballooned with the crisis.

* GERMANY — Some 15,000 Opel workers from around Germany took part in a mass rally on Thursday at the German headquarters of their struggling company, demanding parent General Motors scrap plans for plant closures in Europe. Vice Chancellor Frank-Walter Steinmeier at the rally, added, “This is about more than just Opel. It’s about the future of the car industry in Germany.”….

Rest is here 

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This entry was posted on Friday, February 27th, 2009 at 4:52 pm and is filed under Depression, Government. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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