A deteriorating economy in the European Union is expected to drive unemployment to new highs this year in countries including Spain and Portugal that already are feeling acute pain, the Union’s top economics official warned on Friday.

The rate of HIV infection has risen in crisis-stricken Greece by more than 200 percent since 2011, driven by increased drug use via injection amid a 50 percent youth unemployment rate and reductions in HIV prevention budgets, they say in “The Body Economic: Why Austerity Kills.” The Mediterranean nation also experienced its first malaria outbreak in decades following reductions to mosquito-spray programs.

PS it looks as if Merkel & Co are scared to death by the new anti-euro German party and started a pro-euro campaign lol.

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Riexinger: Wir sagen Ja zum Euro

Die Äußerung Oskar Lafontaines Demokratien auf dem Kontinent müssten “neben dem Euro..wieder nationale Währungen” einführen, ist nicht nur im taktischen Kontext der Bundestagswahl zu sehen. Der Kanzlerkandidat der S.P.D. in 1990 bleibt auf altem Kurs: paneuropäisch und imperialistisch.

Aber auch in der Labour-Hochburg South Shields verzeichnete sie einen Achtungserfolg. Dort war bei einer Nachwahl das Unterhausmandat des ehemaligen Außenministers David Miliband zu vergeben, der im März seinen Rücktritt angekündigt hatte. Ukip wurde hier zweitstärkste Partei noch vor den Tories.

Property-tax elimination, rebate key test for Letta

Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record levels, the European Union warned Friday.

In der Vergangenheit haben sich die Vereinigten Staaten von Amerika geweigert, „tödliche Hilfsmittel“ direkt an die Rebellen zu liefern, haben aber große Mengen von anderer Ausrüstung geschickt und Waffenlieferungen aus anderen Ländern (hauptsächlich Saudiarabien und die Golfstaaten) unterstützt.

The 0.10 percentage point reduction to 0.20 per cent once again puts the Lending Rate at its lowest ever level.

When it came to the haircut on bank deposits, Shiarly also said it was never put on the table while he was in office.

While three measures taken by Greece, such as a 7.471 billion-euro injection to bridge the bank‘s funding gap, were considered to be state aid for ATEbank, the European Commission said they were limited and within the rules.

The suspect and three others, who are already in custody, are alleged to have carried out 29 armed robberies in Attica and other parts of the country.

A survey of Republicans found nearly half agreed that “an armed revolution in order to protect liberties might be necessary in the next few years.”

The gains trimmed the unemployment rate to a four-year low of 7.5 percent.

“Japan gets about 75% of their oil from the Gulf, China gets about 70%, so imagine the effect on China’s economy if oil stops suddenly stops flowing. The effect would be immediate. It is important to the whole world those water ways are free-flowing.” Though some are shy of admitting it, most of the countries around the Gulf are sending ships or providing support for the exercise, and Miller said he expected the Iranian navy would be watching closely.

UK Foreign Office Director General for Political Affairs, Simon Gass said on Wednesday (May 1) announced UK‘s decision to extend an invitation to President Uhuru Kenyatta of Kenya so as to facilitate his attendance at the London Conference on Somalia.

Every year, May 3rd is a date which celebrates the fundamental principles of press freedom; to evaluate press freedom around the world, to defend the media from attacks on their independence and to pay tribute to journalists who have lost their lives in the exercise of their profession.

A million families want to buy a home or stay in one for which there is a mortgage. But they find this is not possible as they cannot find a bank to lend them the money or to give them a mortgage. “Precarious workers”, those on short term contracts, freelance professionals and associates as well as a decent number of entrepreneurs, are considered to be at risk of insolvency and so are not given any loan.
Redefining the idea of housing whether it’s social housing or with facilitation, there’s the proposal that the State is a “guarantor” for families. The towns and local authorities could negotiate with the banks to get discounted prices for the unsold properties to allocate them to those who can’t get a mortgage.

Italy‘s budget deficit will be 2.9% in 2013, the European Commission forecast Friday, below the 3% limit set by European Union treaties.

France, Spain, Italy and the Netherlands – four of the five largest euro zone economies – will be in recession through 2013, the Commission‘s forecasts showed, with only Germany, the largest euro zone economy, managing to eke out growth.

The 30 undersecretaries and 10 deputy ministers were taken mostly from the ranks of the two main unnatural allies backing the reform government, Letta‘s own centre-left Democratic Party (PD) and ex-premier Silvio Berlusconi‘s conservative People of Freedom (PdL) party.

Italy is also third for the number of inmates awaiting trial, after Ukraine and Turkey. As many as one third of prison inmates are at high risk of developing a mental illness, Italian psychiatrists told a conference in Rome last month.