The only thing that is certain is that Greek workers will take a hit and there will be intensified class struggle in the months to come.
Nationally, unemployment dropped from 8.2 percent in January 2010 to the present 6.8 percent, with 325,000 new jobs created.
The ruling Socialist Party was severely punished in Portugal's parliamentary elections on June 5.
Friday's bloody police action against demonstration in Barcelona's beautiful Plaza Catalunya has led to calls for the resignation of the center-right government of Catalonia.
On the streets of London on Saturday three-quarters of a million people staged the biggest protest yet in the fightback against the Tory-led coalition's brutal cuts program.
Portuguese president José Socrates, of the Socialist Party, turned in his resignation on Wednesday after losing a crucial vote on government austerity.
Germany's ruling parties are flip-flopping on everything from Egypt to unemployment as a series of elections approaches.
The goal for the Vietnamese Communist Party's 11th Party Congress was to “enhance the Party's leadership capacity and combativeness, promoting the nation's synergy, comprehensively boosting the doi moi (renovation) process, creating the fundamentals for Vietnam to basically become a modern-oriented industrial country by 2020.”
U.N. Secretary-General Ban Ki-moon described the world's economic model based on insatiable consumption of resources as "a global suicide pact."
A series of scandals scratched the shining image of the scion of conservative Bavarian circles. But the Bundestag once again defied German majority opinion and voted to continue the use of troops in Afghanistan.