POLITICS & POLICY
Greece – Debt crisis: French involvement
French Prime Minister Manuel Valls declared that France has some interest in investing in Greece and emphasized the importance of Greece’s reforms for staying in the Eurozone. Valls said that the French government is encouraging numerous companies to invest in Greece in order to be “part of the economic recovery” of the country. Among the sectors of interest, transport, tourism and renewable sources of energy are the more important.
Source: Ekathimerini, 2/05/2016
France – Labour reform: Protests
French trade unionists have targeted railway stations, incinerators and the power supply on Thursday in order to protest against the government’s labour reform. Since nuclear power stations were on strike, power was shut down in 125,000 homes in western France. As for railways, trade unionists occupied signal boxes at Paris’s Gare de Lyon, blocking departures for an hour. In Caen, they sat on the rails. According to Prime Minister Manuel Valls, “this conflict is weighing on our economy at a time when the actions of the government are allowing a recovery, growth and a fall in unemployment.”
Source: Rfi, 2/05/2016
“It’s not migrants that undercut wages, but unscrupulous employers that do so. Migrant workers are often the victims of some of the worst exploitation (…) We cannot and should not want to close the borders.”
Jeremy Corbyn, leader of the Labour Party
Source: The Guardian, 2/05/2016
The amount by which Hungary’s external trade surplus dropped in March.
Source: Bbj, 2/05/2016
The number of job places added in May in Spain.
Source: El Pais, 2/05/2016
Photo Credits CC: Jasn