Jornal de Notícias, 31 January 2011
"Spanish crisis already forces 25,000 Portuguese to leave country", headlines Jornal de Notícias. In only four years, more than a third of Portuguese citizens registered with their Iberian neighbour’s social security have lost their jobs. At the end of 2010, 51,831 Portuguese citizens were working in Spain, against 58,870 in 2009 and 77,396 in 2007. Since the crisis began in 2008, the construction sector which employs many Portuguese workers, has been most affected. As a result Spain’s Portuguese workforce is now fourth after EU members Romania (290,000), Italy (61,000) and Bulgaria (54,000). The Lisbon daily adds that Spain’s high unemployment rate – 19,8% in 2010, more than four million people – has also made the country less attractive.
The leader of Greece’s leftist alliance SYRIZA is the new bright hope of Greek politics. Steering a course between pragmatism and the rhetoric of class warfare, he has unsettled Berlin, and not just those who back Angela Merkel's austerity policies.
Europe’s economic woes have forced us to try to understand the secret Olympian world of global finance. But now that we pay more attention to bond yields and stability mechanisms, isn’t it clear that the experts up on their lofty peaks don’t know what’s going on either?
This year’s Eurovision Song Contest is hosted by Azerbaijan, a country that is far from being a model democracy. An Estonian journalist takes a critical look at the deferential treatment enjoyed by the regime in Baku.