40,000 rally against austerity in Belgium

Belgium’s major trade unions called on workers and activists to rally near the European Union headquarters in the capital city of Brussels on Thursday to demand that the government end the austerity measures that have hurt salaries and to offer a more progressive tax system.

The authorities are currently in talks with unions over labor agreements allowing groups of employees to negotiate their contracts en masse.

This comes as the London-based research group Markit revealed that business activity for the eurozone has decreased over the past year, while showing that the manufacturing and service sectors are still contracting economically.


Like many other European countries, Belgians have been demanding better social conditions to survive the economic crisis gripping the continent.

On February 8, European Union leaders agreed on a deal to slash the EU budget to 960 billion euros (about USD1.3 trillion) for the next seven-year period from 2014 to 2020. The deal is set to be voted on by the European Parliament.

On January 25, the International Monetary Fund (IMF) said the euro area “continues to pose a large downside risk to the global outlook.” The IMF predicted that the single currency area would remain in recession in 2013.

The worsening debt crisis has forced the EU governments to adopt harsh austerity measures and tough economic reforms, which have triggered incidents of social unrest and massive protests in many European countries.

GMA/HMV/SS

Source Article from http://www.presstv.ir/detail/2013/02/21/290150/40000-rally-against-austerity-in-belgium/

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One Response to “40,000 rally against austerity in Belgium”

  1. FAKE NEWS for the Zionist agenda Jewish News says:

    do what iceland did… kick out the criminal Jewish Bankers!
    Icelands economy grew again.

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