“In a spectacular display of widening popular discontent, strikes and anti-austerity protests broke out across the eurozone on November 14—the first time there has been broad coordinated action in multiple countries simultaneously since the beginning of a crisis rooted in the design failures of the European Monetary Union. General strikes in Spain and Portugal closed car plants and shut down other industries, drastically curtailing mass transit from Barcelona to Lisbon. There were strikes and huge demonstrations in Greece and Italy. Even in France and Belgium, countries less immediately threatened by the creeping debt crisis, big rallies were staged.” –The Nation
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The IMF Agrees With the European Anti-Austerity Protests–the Nation
