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Dead Constitution
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Title: EU states monitor spread of civil unrest
Source: emportal/EUobserver.com
URL Source: http://www.emportal.co.yu/en/news/region/76792.html
Published: Jan 27, 2009
Author: EUobserver
Post Date: 2009-01-27 15:02:39 by X-15
Keywords: None
Views: 260
Comments: 19

EU member states are "intensively" monitoring the risk of spreading civil unrest in Europe, as riots over the economic crisis erupt in Iceland following street clashes in Latvia, Lithuania, Bulgaria and Greece.

EU member states are "intensively" monitoring the risk of spreading civil unrest in Europe, as riots over the economic crisis erupt in Iceland following street clashes in Latvia, Lithuania, Bulgaria and Greece.

The worst street disturbances for 50 years struck Reykjavik on Thursday (22 January), as police streamed a hardcore of a few hundred anti-government protesters in the early morning with pepper spray and then tear gas after an earlier crowd of around 2,000 gathered outside the Althingi, the country's parliament, to demand the government resign.

The crowds surrounded the building while banging pots and pans and shooting off fireworks. The demonstrators also lobbed paving stones, rolls of toilet paper and shoes.

It was the second day of protests after on Wednesday protesters jostled Minister Geir Haarde's limousine, pummelling it with cans of soft drinks and eggs.

The regular demonstrations have strained the government coalition, with the ruling Independence Party on Thursday saying it "realises that there will be elections this year."

Iceland is not an EU member, but the protests could result in it being the first European country to see its government brought down by the economic crisis.

"It's a democracy that has its problems like many other states as a result of the economic crisis," European Commission external relations spokeswoman Christiane Hohmann said.

The events in Iceland come hot on the heels of anti-government clashes in Latvia, Lithuania and Bulgaria in recent days, where economic discontent mixed with local issues erupted in violence.

Trade unions in Greece meanwhile warn that further strikes are still likely, after protracted street fighting by students and young workers in December that caused billions in damage.

Concern about the spreading unrest is high on the EU agenda, as governments find it increasingly more expensive to borrow money, putting pressure on social programmes.

"There are concerns. The EU shares them. It is one of the major challenges for the Spring European Council," said a senior EU official, referring to the quarterly gathering of EU leaders.

EU ambassadors in Brussels are discussing the issue and receiving "regular updates", according to another official, although he added that more intelligence on the situation is needed to see whether the riots are "part of a social trend" or manipulation by opposition elements.

Lithuania's interior minister visited Latvia to discuss public security problems related to the economic crisis even before the Vilnius and Riga riots last week.

Lithuania is currently collecting "all available information about similar events in other member states" and sharing it with "concerned" countries Estonia, France, Germany and Latvia, a Lithuanian diplomat told the EUobserver.

"Intensive share of information" is also taking place between the Baltic states and Poland, he added.

Following the ructions in Vilnius, 11 further peaceful demonstrations were organised around the country by trade-unions.

"Due to the declining economic [situation] and problems raised by it, a possibility of similar meetings still remains, but we hope that riots will not be repeated," he said.

More to come

In a Wednesday interview with the BBC, the head of the International Monetary Fund, Dominique Strauss-Kahn, predicted that the economic downturn will cause more unrest.

"[It could happen] almost everywhere, in Europe certainly, and also in emerging countries," he said. "You've had some strikes that look like normal, usual strikes, but it may worsen in the coming months."

Asked which countries were most at risk, Mr Strauss-Kahn mentioned Hungary, Ukraine, Latvia and Belarus. "It can be my own country [France], the UK, it can be eastern Europe," he said.

"The situation is really, really serious," he added.


Posters's comment: pots and pans, paving stones, toilet paper, shoes...these can be weathered by any government and serve as a harmless relief-valve to pacify the un-armed peasants of Ye Olde Europe.

We, OTOH, are armed. So, why are we waiting while Obummer and Congress give this nation the final gang-bang that will finish us off as a First World nation??

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Begin Trace Mode for Comment # 12.

#2. To: X-15 (#0)

EU member states are "intensively" monitoring the risk of spreading civil unrest in Europe, as riots over the economic crisis erupt in Iceland following street clashes in Latvia, Lithuania, Bulgaria and Greece.

Holy crap. I hope people take the time to read and digest this. It's heading here.

Jethro Tull  posted on  2009-01-27   15:06:24 ET  Reply   Untrace   Trace   Private Reply  


#9. To: Jethro Tull, -15 (#2)

EU member states are "intensively" monitoring the risk of spreading civil unrest in Europe, as riots over the economic crisis erupt in Iceland following street clashes in Latvia, Lithuania, Bulgaria and Greece.

Holy crap. I hope people take the time to read and digest this. It's heading here.

online.wsj.com/article/SB123241187496396133.html

Wall Street Journal Article

* JANUARY 19, 2009, 10:27 P.M. ET

Baltic Downturn Deepens as Political Unrest Grows

Austerity Programs Are Already Fomenting Protests in the Street

By JOEL SHERWOOD

The once high-flying Baltic nations won't see any relief to their budgetary problems as they head into deeper recessions than previously forecast, the European Commission said Monday.

The more-pessimistic outlook follows street protests last week across the region over government measures designed to shore up strained public finances.

The commission, the European Union's executive arm, cut gross domestic product predictions for the economies of Latvia, Estonia and Lithuania on Monday, saying the global financial crisis would exacerbate a downturn as property markets slacken and credit freezes.

Latvia had the EU's highest GDP growth rate each year from 2004 to 2006, when expansion peaked at 12.2%. Growth rates weren't far behind in Estonia and Lithuania. But Latvia and Estonia fell into recession last year, while growth slowed markedly in Lithuania, following the global credit crunch and as imbalances in the economy, such as high inflation rates and current account deficits, hindered economic development.

The commission said Latvia's GDP would shrink 6.9% this year -- the biggest economic contraction in 2009 in the 27-member EU -- after a 2.3% drop last year. This is a steep downward revision from the survey released in November, when the commission predicted a 2.7% GDP decline for Latvia. The commission also slashed its forecasts for Estonia and Lithuania, foreseeing contractions of 4.7% and 4.0%, respectively for the two countries.

Total government debt in the region, which shrank in the middle of the decade as economies boomed and tax money flowed in, will expand in the next two years, with Latvia's rising to 42.9% of GDP in 2010 from 16% last year.

Government measures to try to soften the damage to their finances have sparked violent public protests. Lithuania's plans to slash public sector wages by some 12% to 15% and trim pension payments, announced earlier this month, followed an austerity program approved by Latvia's parliament in December.

Violent demonstrations over such measures erupted last week in both Latvia's capital, Riga, and Lithuania's capital, Vilnius. The unrest poses one of the biggest threats to political stability in the region since the countries gained independence from the former Soviet Union in 1991.

Latvia's President Valdis Zatlers has threatened to dissolve parliament within three months unless it adopts a law allowing voters to force snap polls, as discontent over the country's center-right government's economic stewardship simmers. "We cannot continue with confrontation. We have to accomplish concrete tasks to gain public trust," Mr. Zatlers said to reporters last week.

Lithuania's Prime Minister Andrius Kubilius, who took office last month, has pleaded for restraint. "I ask for your patience and understanding -- all of us are responsible for our country, for its future," said Mr. Kubilius after riots Friday, the government press service reported.

Write to Joel Sherwood at joel.sherwood@dowjones.com

TwentyTwelve  posted on  2009-01-27   15:16:29 ET  Reply   Untrace   Trace   Private Reply  


#11. To: TwentyTwelve (#9)

The once high-flying Baltic nations won't see any relief to their budgetary problems as they head into deeper recessions than previously forecast, the European Commission said Monday.

Will St. Obama intercede with manna from FedReserve Heaven??

X-15  posted on  2009-01-27   15:24:34 ET  Reply   Untrace   Trace   Private Reply  


#12. To: X-15 (#11)

Will St. Obama intercede with manna from FedReserve Heaven??

IMF-World Bank to the rescue. Guaranteed by Feral Uncle Sap of course.

Rotara  posted on  2009-01-27   15:26:04 ET  Reply   Untrace   Trace   Private Reply  


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