EU POLICY CAUSES
FURTHER CIVIL UNREST - THIS TIME IN ROMANIA14 January 2012 BUCHAREST, Romania — Romanian police fired tear gas and clashed with protesters during an anti-government rally Saturday, the third consecutive day of demonstrations against austerity cuts and falling living standards. The protests were the most serious since President Traian Basescu came to power in 2004, and were the result of pent-up frustration against public wage cuts, slashed benefits, higher taxes and widespread corruption. In 2009,
Romania took a two-year €20 billion ($27.5 billion) loan from the
International Monetary Fund, the EU and the World Bank, as its economy
shrank by 7.1 percent. Romania imposed harsh austerity measures under
the agreement, reducing public wages by 25 percent and increasing
taxes.
Respective governments throughout Europe have been implementing totalitarian policies handed down from unelected Eurocrats, bearing the brunt of the backlash from European citizens, while the policy makers remain behind closed doors and unaccountable. |