(Images: From the World Economic Forum protests, Zurich, 2009. Above Below)
ONE MILLION workers on the streets of France, wildcat strikes in Britain, rioting in Greece and the Baltic republics and sit-in protests by glass workers in Waterford: social unrest is spreading throughout Europe and no one knows where it is all going to end.
Last week the worst economic recession in at least 30 years claimed its first political victim in Europe when on Monday Iceland’s beleaguered prime minister Geir Haarde tendered his resignation following weeks of street protests. The collapse of the country’s banking system, which has shredded the value of the krona, driven interest rates to 18 per cent and unemployment to 8 per cent, put paid to his Conservative-led coalition.