Austerity strikes held in Europe's capitals

Protesters march in Rome on Wednesday to press

Protesters march in Rome on Wednesday to press the government for jobs and benefits. Similar protests roiled other cities in Europe. (Nov. 14, 2012) (Credit: Getty)

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Hundreds of thousands of Europe's beleaguered citizens went on strike or snarled the streets of several capitals Wednesday, at times clashing with riot police, as they demanded that governments stop cutting benefits and create more jobs.

Workers with jobs and without spoke of a "social emergency" crippling the world's largest economic bloc, a union of 27 nations and half a billion people.

The protests were met with tear gas in Italy and Spain but were largely limited to the countries hit hardest by the austerity measures designed to bring government spending into line with revenues. Wealthier nations like Germany, the Netherlands and Denmark saw only small, sedate demonstrations.

Governments backing the line of stringent austerity were not impressed by the show of force.

"We must nevertheless do what is necessary: break open encrusted labor markets, give more people a chance to work, become more flexible in many areas," German Chancellor Angela Merkel said. "We will, of course, make this clear, again and again, in talks with the unions."

Spanish Economy Minister Luis de Guindos spoke of "a long crisis that has meant sacrifice and uncertainty," but said: "The government is convinced that the path we have taken is the only possible way out."

To combat a three-year financial crisis over too much sovereign debt, governments across Europe have had to raise taxes and cut spending, pensions and benefits. As well as hitting workers' incomes and living standards, these measures have also led to a decline in economic output and a sharp increase in unemployment.

The zone of the 17 countries that use the euro currency is expected to fall into recession when official figures are released Thursday. Unemployment across those countries has reached a record 11.6 percent, with Spain and Greece seeing levels above 25 percent.

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