Australian politics, society & culture

Upheaval In Europe

Monday, 7 May 2012 - 1:25am
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French President François Hollande Promises 'A New Start' For Europe

"Hollande, who has vowed to begin his reforms as soon as he takes office, has accepted he will have "no state of grace" leading a country crippled by public debt and in economic crisis, with unemployment nudging a record 10%, a gaping trade deficit, stuttering growth and declining industry."

Greek Voters Vent Anger Towards Austerity At Ballot Box

"Voters in Greece sent tremors across the eurozone by recording a massive protest vote against EU-dictated austerity … With no single party winning enough support to form a government, a period of uncertainty lies ahead."