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Thursday, 12 September 2013

Poverty may strike 25 million more Europeans





Austerity policies may leave additional 25 million Europeans below the poverty line by 2025, international charity organization Oxfam said.

The head of the European division of Oxfam, Natalia Alonso, said the austerity measures were nothing but "moral and economic nonsense." In her opinion, the cuts for social assistance, education, medicine, and unfair tax policies, can reverse the results of decades of struggle for social rights.

At the same time, European Commission President Jose Manuel Barroso calls on EU countries to continue reforms even after economic growth resumes.