Table of Contents
While high inflation underpins a wave of protests underscoring growing discontent with rising cost of living, new developments threaten political upheaval. in all over Europe.
The protesters in Romania honked horns and drums to express their dissatisfaction with the rising cost of living.
People too in all of France went down in square to demand higher wages to keep pace with inflation.
Czech protesters rallied against the government’s handling of the energy crisis.
While British railway employees and German pilots held rallies to push for better wages as prices rose.
This came after tens of thousands of protesters gathered in 6 German cities, yesterday, Saturday, to ask for more justice in the distribution of government funds to cope with rising energy prices and the cost of living.
Also in Spain, thousands of protesters descended in square to protest against the high prices of food, energy and fuel, aggravated by events in Ukraine.
Russian military operation in Ukraine
These developments came after Europeans witnessed a rise in energy bills and food prices due to the Russian military operation. in Ukraine.
Although natural gas prices have dropped from levels record of the summer and governments have earmarked 576 billion euros (more than 566 billion dollars) since September 2021 for energy aid to families and businesses, according to the Brussels-based think tank Bruegel, that’s not enough for some protesters.
Energy prices fueled inflation
Interestingly, energy prices have pushed inflation in the 19 countries using the euro to one level record 9.9%, making it difficult for people to buy what they need.
Some see no choice but to get off in square.
The fallout from the clashes in Ukraine have also greatly increased the risk of civil unrest in Europe, according to risk consultancy Physek Maplecroft.
But if the unexpected disruption of gas supplies from Europe ends this winter, the affected countries will experience another increase in turmoil.
Read More About: World News
You must log in to post a comment.