Relaxing on a canal in Copenhagen. Unemployment in Denmark is 4.2 percent, and the jobless receive ample support. But those benefits have been tightened: in June, unemployment payments were limited to two years from four.Credit...Johan Spanner for The International Herald Tribune COPENHAGEN � How long is too long to be paid to go without a job? As extended unemployment swells almost everywhere acr
Europe's deflation torture is a gift to the Far Left (欧州のデフレ拷問は極左への贈り物) By Ambrose Evans-Pritchard Telegraph:23 May 2010If Europe's ultra-Left has so far reaped little dividend from the great "Crisis of Capitalism", this will surely change as the eurozone's 1930s policies of wage deflation sap the credibility of the governing centre and the EU itself. ヨーロッパの極左がこれまで「資本主義の危機」から殆ど利益を得ていないとすれば、これは確実に変
Hoping to quell its biggest crisis since the Asian woes of 1997, the International Monetary Fund promised on Wednesday to increase the 45 billion-euro aid package for Greece to as much as 120 billion euros over three years. The fund is racing to conclude an agreement for more painful austerity measures from Greece by Monday, clearing the way for the government to receive funding and reassuring inv
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