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40,000 march on Brussels

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40,000 march on Brussels

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More than 40,000 have marched through the Belgian capital, Brussels, to protest at the effects of the economic crisis.

The protest comes as new figures reveal Europe is sliding into an even deeper recession than many experts predicted. The demonstration followed similar protests in Spain: more are planned for Berlin and Prague on Saturday. Lother Sorger, a worker from the giant car giant Opel says: “This crisis is a huge danger for everybody. we think lack of restraing mechanisms in the market ….this casino capitalism is to blame for the mess we are in.” The EU has predicted the jobless rate in the 16 nation eurozone, will climb to almost 10 per cent this year and 11.5 percent next year – the highest since World War II. Eduardo Chagas, of the European Transport Federation said: “We’ve had enough, we had a trend to cut on social rights, and in this scenario crisis, we will have certainly to make our voice louder so that policy makers revert their policies.” The EU forecasts Spanish unemployment will rise to 20 percent while France and Britain will each have over 3 million out of work next year. Germany, the region’s largest economy, will lose 1.5 million jobs by the end of next year.