Spain has long battled Basque separatism. That separatism may become more powerful as the Spanish economy melts. Separatism is also alive and well elsewhere in Europe — presenting an obstacle to EU integration.
The unemployment rate in Greece was last reported at 24.4 percent for this past June, according to official figures released September 6. This means that almost one out of every four Greek citizens seeking work cannot find a job. According to Trading Economics, "Historically, from 1998 until 2012, [the] Greece Unemployment Rate averaged 11.57 percent." Just one year ago it was 11.6 percent.
Unsurprisingly, the level of unrest in the country is increasing daily. Yesterday, 50 members of the Greek Police Officers’ Association — protesting government-ordered budget cuts to their salaries and pension benefits — actually picketed police facilities in northwest Athens and blocked riot police buses heading to the city of Thessaloniki.
LifeSiteNews reports that the European Court of Human Rights has found that an Italian law that prohibits genetic screening of in vitro embryos “…violates the right to respect for private and family life.” Consequently, the court found that the Italians law violates Article 8 of the European Convention on Human Rights.
The ruling drew strong support from far-left politicians such as Nichi Vendola, a homosexual activist who called the decision a “wise judgment.” But Maurizio Sacconi, a former welfare minister in Italy who served in the center-right coalition, said, “I’m sure that the Italian government will appeal against the judgment. The defense of a state law is a must in principle and in this case also justified on the merits. Italy cannot in any way, in the absence of conscious parliamentary will, surreptitiously take the path of genetic selection.”
Metro London police are standing down and will not be storming Ecuador’s embassy according to a statement made by Ecuador’s President Rafeal Correa. "We consider this unfortunate incident over, after a grave diplomatic error by the British in which they said they would enter our embassy," Correa said on Saturday in a weekly media address.
The July data for the coalition government of the United Kingdom show corporate tax collections below estimates and government spending over estimates, increasing speculation that more government spending reductions may be near in order to reduce the national deficit.
Britain may also be facing what a number of other European nations have endured over the last several years: a downgrading of credit rating of government bonds, raising the interest rates which must be paid. Currently the UK has a comfortable AAA credit rating; however, if there is a significant increase in government borrowing, that could change.
On August 17, a Moscow court found three young female performers from the Russian punk band Pussy Riot guilty of “hooliganism motivated by religious hatred,” and the band members were sentenced to two years in a penal colony — signaling the resurgence of communist totalitarianism in Russia.
Ecuador granted asylum to WikiLeaks chief Julian Assange on Thursday in defiance of the British government’s threat to occupy the country’s embassy. Prior to Thursday's announcement London's finest surrounded the Ecuadorian embassy throughout the day. Hundreds of metropolitan police waited on orders to seize control of the embassy as the announcement of Ecuador's decision on Julian Assange's asylum petition approached.
As the European Union continues to assume ever greater powers over the once-sovereign nations of the region, voters in the United Kingdom have been fed up for a while. In fact, if they were allowed to vote in a referendum, polls consistently show the U.K. would overwhelmingly opt to ditch the EU once and for all. And analysts, as well as activists on both sides of the issue, believe the day may soon come where British resistance to the emerging super-state finally prevails.
According to a German newspaper, the will of U.K. voters ultimately being fulfilled has former Prime Minister Tony Blair “deeply worried.” Meanwhile, a strategy paper by Asian banking behemoth Nomura showed that the bank is preparing for what its analysts believe is an increasingly likely scenario: British withdrawal, or at the very least, a mass repatriation of powers usurped by the Brussels-based entity.
Plans announced by French President Francois Hollande to "tax the rich" are driving wealthy French citizens out of the country. Vincent Grandil, a partner in the Paris law firm Altexis which caters to rich French citizens, is increasingly being asked by his clients if now would be a good time to flee France for countries with lower tax rates.
What is certain is that an implosion in Europe's debt crisis is reaching the point of inevitability in much the same manner that the housing bubble came to a head and burst in the United States, but though no one knows when the debt crisis will come to a head, events are happening in September that may push the eurozone over a fiscal cliff.