EU Resumes Austerity Measures, Risking Cuts to Services and Jobs Despite Lingering Pandemic Hardship
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European institutions are bringing back austerity measures like budget cuts and "reforms", harming working class through job losses, lower salaries, etc.
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Previous austerity post-2008 crisis worsened problems - cut funding for essential services like healthcare, lengthened economic recovery.
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COVID-19 initially led to suspension of austerity but it's back barely 2 years later despite massive social impact.
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New rules could force EU states to cut budgets by over €100 billion next year - will threaten public services and workers.
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Corporations making massive profits and millionaires accumulating wealth, but nearly a third of Europeans face financial and material insecurity.