Europe’s perfect storm - Collapse may decide fate of EU
Frighteningly, history shows us where it might.
Yesterday Greek air-traffic controllers and teachers went on strike. Shopkeepers shuttered stores to challenge Prime Minister George Papandreou’s decision to cut wages, pensions and increase taxes to secure a European Union €110 billion rescue package. The Greeks’ anger is rightly reflected right across the EU as workers see incomes cut and jobs put in jeopardy. At least three people died, burnt to death in a bank, during the Greek protests.