It's Discount Week! 🎁 Pick up new Marketplace gear at a discount when you donate today! Get My Gear!
European Debt Crisis

Strikes signal greater unity problems in eurozone

Kai Ryssdal Nov 14, 2012
HTML EMBED:
COPY
European Debt Crisis

Strikes signal greater unity problems in eurozone

Kai Ryssdal Nov 14, 2012
HTML EMBED:
COPY

Workers in quite a few European countries were on a general strike today. Those countries included Greece, Portugal and Spain…sensing a pattern here? They’re all countries that have implemented austerity measures to bring down large budget deficits.

So what will it all mean for the rest of the eurozone and the continued economic crisis in Europe? Miguel-Anxo Murado, a journalist in Madrid with a front-row seat to the strike, says the general strike was noticeable in the city but didn’t completely disrupt daily life. Still, the situation was tense as protesters gathered outside government buildings.

Looking ahead, Murado doesn’t think the strike will change the austere budget cuts that inspired the protests and general unease among Europeans. He says the problem lies in the way they see themselves.

“It’s very difficult to get people to believe that we live in a community now, a European community in which everything that happens in one country affects everyone else,” says Murado. “I’m afraid that in that respect, the European dream is not here. Or if you are pessimistic, it has failed.”

Murado says that lack of unity makes it difficult to fix many of the problems that plague the eurozone: “The problems are Pan-European…and the solutions should be Pan-European.”

But he says the strike isn’t seen as a “Pan-European strike” by European leaders but rather as a series of national strikes.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.