European social explosion looms, European Parliament president says

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PressTV.ir
Sat Jul 21, 2012 9:51PM

Public sector employees hold a demonstration to protest against the Spanish government

Public sector employees hold a demonstration to protest against the Spanish government's austerity measures in Madrid on July 17, 2012.
 

The European Parliament has warned that the economic crisis in Spain could lead to a “social explosion” in Europe as the wave of anti-austerity demonstrations sweeping across the continent shows no sign of subsiding.


“The demonstrations in Spain show that a social explosion is looming because of the high unemployment rate among young people in Europe,” European Parliament President Martin Schulz told the German daily Bild in an interview published on Saturday, AFP reported.

Schulz called for rapid implementation of “new European programs to finally create more jobs for this generation.”

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