Eurozone crisis has pushed millions into poverty
- Published: 10 Dec 2012 at 21.46
- Online news: World
Crushed by an austerity squeeze and towering unemployment, millions of Europeans joined the ranks of the newly poor in 2012 in a crisis that showed no mercy for the old, women or children.
Spanish anti-austerity 'indignados' stage a protest in Valladolid in October. Crushed by an austerity squeeze and towering unemployment, millions of Europeans joined the ranks of the newly poor in 2012 in a crisis that showed no mercy for the old, women or children.
An arc of misery spread pitilessly across southern Europe's middle classes, engulfing bailed-out nations Greece and Portugal and tottering heavyweights such as the eurozone's number four economy, Spain, and number three, Italy.
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