European Central Bank protest


Josephine Witt protests against European Central Bank

From daily The Morning Star in Britain:

Protester livens up ‘boring’ Draghi‘s speech

Thursday 16th April 2015

EUROPEAN Central Bank (ECB) chief Mario Draghi was showered in confetti yesterday by a protester shouting: “End ECB dictatorship!”

The young woman, wearing a T-shirt denouncing “dick-tatorship,” was seized by security guards and dragged off.

Observers took to Twitter after the conference accusing Mr Draghi of making up for the “excitement” of the protest by making his speech even more boring than usual.

The top banker, whose institution wields huge power over economic decision-making in the EU but is not accountable to any elected authority, used the conference to claim that the eurozone economies were slowly recovering from the 2008 financial crash.

He said the ECB would stick to its plan to hand banks over €1 trillion (£717 billion) in quantitative easing funds in a bid to promote lending for growth.

And he praised Spain for labour-market “reforms” that have included massive wage cuts and attacks on pensions.

The protester was Ms Josephine Witt, a German feminist. Contrary to some media reports, she is not a member of the ‘Femen’ organisation.

Speaking yesterday in Frankfurt, European Central Bank (ECB) chief Mario Draghi signaled that the ECB would continue with austerity and massive handouts to the banks. Despite the deepening slump in Europe and internationally, he proposed no change in the financial aristocracy’s irrational, economically destructive policies: here.

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