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From France to Albania , social unrest setting Europe streets ablaze

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  • From France to Albania , social unrest is setting Europe streets ablaze

    Rising fuel costs, underfunded schools, declining public services and a housing crisis have sparked protests across Europe, with arrests, looting and violence in France, Italy and Albania. In France, high schoolers protested for more than three weeks over understaffed, dilapidated schools before the CGT union joined, and the weekend's unrest led to 2,400 arrests, injuries and school fires. In Spain, teachers began an indefinite strike in Madrid, while tent camps protest unaffordable rents after an 87-year-old woman's eviction, and a general strike is planned for November, the first in 14 years. Spain's minimum wage is 1,221 euros ($1,370), while the average monthly rent for an 80-square-meter apartment is about 1,130 euros (about $1,270), according to Expansión. Similar housing protests have also spread to Portugal and Barcelona.

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  • Social unrest sets Europe streets ablaze - The Globe and Mail

    Rising fuel costs, dissatisfaction with schools, declining public services and a housing crisis have fuelled weeks of protests across France, Italy and Albania, with arrests, looting and violence. In France, high schoolers protested for more than three weeks over understaffed, dilapidated schools before the CGT union joined; the weekend's unrest led to 2,400 arrests, school fires and hundreds of injuries, and President Emmanuel Macron said those responsible would be held accountable. In Spain, teachers began an indefinite strike in Madrid, and tent camps have protested unaffordable rents after the eviction of an 87-year-old woman, with a general strike called for November, the first in 14 years. In Italy, inflation rose to 4.2% in September, above the Eurozone's 3.8%, fuelling demands for jobs, healthcare and housing.

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  • European stocks drop amid protests in France , Italy

    European markets fell on Monday, led by Paris (down 1.7%) and Milan (down 1.8%) in afternoon trading, as intensifying violence in France and street clashes in Italy's financial hub raised concerns about mounting debt. In France, nearly 2,400 people were arrested on Saturday in cost-of-living protests that turned violent, with almost 1,000 police injured, while lawmakers debate a 2027 budget plan that calls for billions of euros in spending cuts. In the US, tech stocks helped the Nasdaq Composite climb 1.0% as trading got underway. Jakarta's stock market fell more than 5%, extending Friday's plunge of over 11% to its lowest level in six years, after index compiler MSCI said it was no longer appropriate to maintain the country's emerging-market status.

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