Current Events

The Collapse of the European Dream

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Italian Prime Minister announced the failure of the European dream. Italian Prime Minister Mario Draghi, during a roundtable on employment, criticised European politicians for increasing social inequality in the European Union and expressed the opinion that the European dream has collapsed. This was reported on Friday, May 7, by ANSA.

According to the head of the Italian government, the European dream is to make sure that ‘no one is left behind.’

‘Even before the pandemic, our society and labor markets were fragmented in terms of inequalities across generations, genders and regions. This is not the Italy as it should be, and it is the wrong Europe, ‘he stressed.

In addition, Draghi pointed to the injustice of the dual market system, which threatens the position of vulnerable segments of the population, youth and women. According to the prime minister, problems with social policy hinder the development of the EU in many ways.

At the end of 2020, the European Commission announced that they hope to overcome the crisis after mass vaccinations.

Earlier, the European economy began to gradually recover when the borders were slightly opened and Europe rolled back massive lockdowns. In the third quarter of last year, GDP in the EU increased by 12.5%, and employment increased by 1%, while at the beginning of 2020, the EU recorded the most significant decline in the history of the union, 11.5%.

The second wave of COVID-19 and repeated strict restrictions hit the European Union with renewed vigour. Due to the obvious threat, the European Commission revised its forecast for growth in the Eurozone in 2021: the figure of 6.1% fell to 4.2%. According to the EC analysis, production in the EU is not expected to reach pre-pandemic levels, even in 2022.

In March 2020, Bloomberg analysts predicted a powerful economic crisis for Europe due to  the coronavirus pandemic, warning of the largest drop in GDP in the region since the formation of the European Union. Source

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5 replies »

  1. The E.U. today is a Globalist Horror Story. It is also an economic basket-case. I have been watching the criminal actions taking place in Irland recently. The Oligarchs such as George Soros have been working overtime destroying a once Catholic, highly moral country into the New Weimer Republic. When these Oligarch pigs throw around some cash, the political class turn on their own people. I guess some things never change.

    Liked by 1 person

    • Being an Irish National, I received the following invitation from the Irish Embassy today: (After 24 hours of ard sell they have just 4 people interested)

      Event by Embassy of Ireland in Latvia
      Online event
      Monday, 17 May 2021 from 09:00 UTC+02-22:45 UTC+02
      Price: free · Duration: 13 hr 45 min
      Public · Anyone on or off Facebook
      To celebrate the International Day Against Homophobia, Transphobia & Biphobia on 17 May, we invite you to an online screening of the powerful & unmissable documentary “The Queen of Ireland” brought to you by the Embassies of Ireland in Riga, Tallinn and Vilnius.
      Register now for your free tickets:

      Like

  2. When I was growing up in the fifties and early sixties I would never have imagined the disgraceful events taking place today. I’m also angry at all the Apostolic Churches for not trying to combat this insanity. I remember The Catholic movie codes that originated in the twenties and were active until 1965. That was the year the Hollywood gangsters broke the code with the holocaust porn film, ‘The Pawnbroker.’ And, it has gone downhill ever since. I’m angry at the churches for not having the courage to stand up to these criminal Zionists and Globalists. It’s as if the authority of the church is nowhere to be found any longer and it’s depressing. It’s quite obvious the churches have been infiltrated by traitors.

    Liked by 1 person

      • How true, my friend, how true. It’s so disgraceful that so many Church authorities have taken bribes and gone along with these Talmudist-Criminal-Activities. They should be combatting these parasites, not acquiescing to them.

        Like

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