1. Inhalt
  2. Navigation
  3. Weitere Inhalte
  4. Metanavigation
  5. Suche
  6. Choose from 30 Languages

Full episode 19.09.12 | 21:30 - 22:00 UTC

European Journal - The Magazine from Brussels

Full episode

European Journal - The Magazine from Brussels

Topic
Symbolbild Flaggen EU Slowenien
DW-Montage: Peter Steinmetz

Slovenia: The Fall of an Economic Paragon

Is Slovenia on the brink of default? The country’s banking crisis, the collapse of its real estate bubble, and lagging labor reforms make this an increasingly likely prospect. Once a model of economic probity in Europe, Slovenia may soon become the sixth Eurozone country to enter the European bailout scheme.

Topics

Slovenia: The Fall of an Economic Paragon

In the past, Slovenia fulfilled all European stability criteria and was the first state from former communist Eastern Europe to adopt the euro. But now Slovenia is facing the prospect of default.

In recent weeks, Slovenia has been under discussion as the next candidate for the European bailout scheme. The country’s government, which is headed by a five-party coalition, has been unable to agree on austerity measures. As the crisis has demonstrated, Slovenia is particularly vulnerable because much of the economy - including major financial institutions - remains in state hands. Slovenia is now struggling with the after-effects of a collapsed real estate boom and the massive debt accumulated by its largest banks.

Poland: Container Ghettos

The financial crisis has left many people in depressed parts of Poland in a desperate situation. An increasing number of Poles are applying for social housing.

In Poland, if you end up in financial difficulty, run up debt, fail to pay your rent and lose your apartment, you are likely to find yourself living in a container. The state is legally obligated to provide everyone with a place to live, but in some parts of the country, there are few vacancies. After a number of mines closed in the industrial town of Sosnowiec, local authorities resorted to putting people up in a container village. Conditions are appalling. Sosnowiec isn't the only place in Poland where people who have lost their homes are shunted off into makeshift housing.

Finland: Thai Blueberry Pickers

Every year, Thai blueberry pickers come to Finland looking for work. The jobs they find are badly paid - they earn just one euro for a kilo of blueberries - and conditions are appalling.

Often, they end up with so little they are unable to afford their return from Bangkok airport to their villages. Their plight has come to the attention of human rights activists, who have described it as tantamount to modern slavery. The Finns themselves would never work so hard for so little money, they say.

Germany: Endless Hauls of Bycatch

After years of over-fishing, the first beneficial results of the EU's much-criticized Common Fisheries Policy are being seen in the Baltic.

A year ago, cod stocks in the Baltic Sea were practically exhausted. But the International Council for the Exploration of the Sea (ICES) is now recommending raising catch quotas in eastern parts of the Baltic. Cod stocks are starting to recover. Regular checks conducted on fishing boats have contributed to this success. But the inspectors are powerless to act when they see unwanted baby fish, or bycatch, simply being thrown overboard. Not only is this a huge waste, it also endangers the future of fish populations. But it is in fact impossible to fish without hauling in bycatch.