Home » Posts tagged with » recession

UK: Food Banks See ‘Shocking’ Rise in Number of Users

A food bank charity says it has handed out 913,000 food parcels in the last year, up from 347,000 the year before. The Trussell Trust said a third were given to repeat visitors but that there was a “shocking” 51% rise in clients to established food banks. It said benefit payment delays were the main […]

The situation in Greece remains difficult. The unemployment rate is nearly 30 percent. But more and more Greeks are defying the crisis. They’re taking their fate into their own hands by going into business for themselves. – DW

Continue reading …

A wave of suicides in Italy is showing no signs of abating as the economic crisis tightens its grip and people feel increasingly despondent about their future. But do the official numbers belie the reality, and are Italians too proud to seek help?  As Italy’s unemployment rate rises, so do cases of suicide. Figures released […]

Continue reading …

France will avoid a recession this year, according to the country’s statistics body. INSEE said the economy will grow 0.4% in the last three months of the year, after contracting 0.1% in the third quarter. President Francois Hollande has been under pressure to revive the economy as other eurozone nations start growing and show signs […]

Continue reading …

Thousands of young Italians have fled the country in search of work abroad, with some saying they will never return. The Local speaks to Italians abroad to find out why, even if the economy improves, they have no plans to go home any time soon. Many Italians have migrated to northern Europe – to London, […]

Continue reading …