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*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 1st, 2012 at 05:20:30 PM EST
Anxious Spaniards withdraw billions from banks - SPAIN - FRANCE 24
Spaniards worried about the health of their ailing banks are withdrawing money at record rates, new data revealed on Thursday. Figures from Bank of Spain showed 66.2 billion euros was transferred abroad in March.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 1st, 2012 at 05:20:39 PM EST
[ Parent ]
Rich, 1% spaniards that is. Not normal suffering spaniards

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sat Jun 2nd, 2012 at 03:29:46 AM EST
[ Parent ]
Eurozone unemployment reaches all-time high - Eurozone crisis - FRANCE 24

AP - Unemployment across the 17 countries that use the euro stuck at 11 percent in April - the highest level since the single currency was introduced back in 1999, piling further pressure on the region's leaders to switch from austerity to focus on stimulating growth.

The eurozone's stagnant economy left 17.4 million people out of a population of some 330 million without a job, with rates continuing to climb in struggling Spain, Portugal and Greece. The EU's Eurostat office said 110,000 unemployed were added in April alone.

In recession-hit Spain, unemployment spiked to 24.3 percent, the worst rate in the EU. It was up 0.2 points since March, and 3.6 percentage points compared to last year. Youth unemployment ballooned to a 51.5 percent, up from 45 percent last year.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 1st, 2012 at 05:20:50 PM EST
[ Parent ]
Business leaders call for investment in `humanware' | EurActiv

Leading business executives meeting in Brussels yesterday (31 May) complained about the constant nagging over austerity and structural reforms and urged policymakers to focus on those areas that will boost Europe's competitive advantage against the rest of the world - investment in people.

"A tree cannot grow without good soil and Europe cannot push for growth without a sound structure," said Hendrik Bourgeois, Vice-President of European Affairs at General Electric, speaking at the State of the European Union conference.

"Fiscal consolidation is not enough," he said, criticising Europe's single-minded austerity drive.

The current eurozone crisis presents a rare window of opportunity for carrying out long-overdue structural reforms and even questioning the EU's existing political and economic structures, corporate executives noted.

...Business people insist that Europe has a great competitive advantage - its workforce. Corporate executives applauded the old continent for its investment in "hardware". The EU, they felt, has played a critical and successful role in building infrastructures - transportation, information, energy - but EU leaders lack ambition when it comes to investing in "humanware" and "software," they said.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 1st, 2012 at 05:20:57 PM EST
[ Parent ]
"please train people so that they cost us less"

Wind power
by Jerome a Paris (etg@eurotrib.com) on Sat Jun 2nd, 2012 at 06:15:01 AM EST
[ Parent ]
You've got to be kidding me.

As one of the 15M slogans could be translated: "we're not wares in the hands of politicians and bankers".

So, we're humans, not humanware.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Sat Jun 2nd, 2012 at 06:40:30 AM EST
[ Parent ]
No, we're cattle. I've said it before.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Sat Jun 2nd, 2012 at 06:48:48 AM EST
[ Parent ]
Or chattel, rather :P

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Sat Jun 2nd, 2012 at 06:50:30 AM EST
[ Parent ]
Power regulator warns of energy meltdown | Athens News
The Regulatory Authority for Energy (RAE) told Reuters on Friday it was calling an emergency meeting next week to avert a collapse of the country's electricity and natural gas system.

...RAE took the decision after receiving a letter from the Public Gas Corporation (Depa), which threatened to cut supplies to electricity producers if they failed to settle their arrears with the company.

Ealier, the chief of the Public Power Corporation (DEI) said that the country may suffer power cuts later this year unless the troika allows an emergency cash injection into electricity producers to allow them to buy fuel,.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 1st, 2012 at 05:21:06 PM EST
[ Parent ]
Suu Kyi warns of 'reckless optimism' over Burma - THAILAND - BURMA - FRANCE 24

REUTERS - Nobel laureate Aung San Suu Kyi urged foreign firms on Friday to invest cautiously in fast-changing Myanmar and give priority to creating jobs as much as making profits in order to defuse the "time bomb" that is the country's high unemployment rate.

Speaking during her first trip outside her country in 24 years, the leader of the fight against dictatorship in the former Burma also warned against "reckless optimism" about Myanmar's rapid reforms.

Suu Kyi, 66, said Myanmar faced a crisis due to the number of people without work and urged foreign companies to provide jobs and training. Their investments should not fuel corruption or line the pockets only of the business elite.



*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Fri Jun 1st, 2012 at 05:21:17 PM EST
[ Parent ]

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