Browsing All posts tagged under »impoverishment«

UK’s poorest families hit hardest by recession and austerity

October 3, 2012

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(PUBLISHED IN THEREALNEWS.COM) A leading British charity warns that 3.5 million children in the United Kingdom are growing up below the poverty line, while the divide between rich and poor continues to accelerate faster than anywhere else in the developed world. Even in the middle of a recession it’s not difficult to see that the […]

Pension Armageddon: Germans fear poverty even after life of work

September 28, 2012

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(PUBLISHEN IN SPIEGEL) For decades, Germans have been able to live out their golden years in comfort. For today’s younger generations, however, the retirement dream is turning into a nightmare. Increased life expectancies, an aging population, low birth rates and vanished investment returns have many worrying about a future of poverty. Jaime Aguilar loves his […]

Dutch mortgage debt highest in eurozone at 111% of GDP

September 6, 2012

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(PUBLISHED IN DUTCH NEWS) The amount Dutch home owners owe on their mortgages reached almost €670bn by the end of last year, or 111% of the country’s gross domestic product, the national statistics office CBS said on Wednesday. This is the highest percentage of all the eurozone countries, the CBS said. At the same time, […]

“It’s not rhetoric to draw parallels with Nazism”, by Laurie Penny

September 4, 2012

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(PUBLISHED IN THE INDEPENDENT) “After the immigrants, you’re next.” That’s what was written on flyers that appeared this week in the gay clubbing district of Athens. As violence against immigrants and ethnic minorities escalates across Greece, supporters of the ultra-right Golden Dawn party have also begun to promote hate attacks on homosexuals and people with […]