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Alex Brummer

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Alex Brummer,

Alex Brummer

Opinion

Building a European nightmare

May 22, 2014 18:42
2 min read

The American Anti-Defamation League’s survey of global antisemitism is truly shocking. In the 102 countries surveyed, 26 per cent found that long-circulated stereotypes about Jews are alive and well. These ranged from “Jews are more loyal to Israel than their (home) country” and “Jews have too much power in the business world.”
But what is really worrying about this survey and earlier work done by Europe’s Fundamental Rights Agency (FRA) is the prevalence of such views on our doorstep in the European Union and Eastern Europe. In Greece, for instance, 69 per cent of those surveyed affirmed six or more antisemitic stereotypes the highest percentage outside of the Middle East.

The revival of virulent antisemitism in Western and emerging Europe correlates strongly with the severe economic dislocation that has occurred in the wake of the eurozone crisis that erupted in 2010. The political results of the seemingly futile battle to keep the euro afloat will fully emerge when all results of the European parliamentary elections (held between May 22-25) are examined. The strength of right wing movements, from the virulently antisemitic Jobbik party in Hungary to Marine Le Pen’s Front National in France and Golden Dawn in Greece, can, in most countries, be directly linked to economic hardship and social dissension in the nations concerned.

The financial markets may have calmed down since 2010-11, largely as a result of emergency actions taken by the European Central Bank, but the fundamental problems across Europe remain unresolved. In Britain the jobless rate may be falling rapidly but we are the exception. Across the eurozone more than 26 million people are unemployed. In Greece and Spain the levels of unemployment among young people are in excess of 50 per cent of the workforce. In Britain we have 850,000 or 19 per cent of young people out of work and there is worry about a “lost generation.” In parts of Europe there look to be several lost generations.

There is not much current sign of Europe’s economy improving. In the first quarter of 2014 output in the eurozone was below one per cent, far too low to create new jobs. Indeed, if Germany – which grew by 0.8 per cent – is excluded from the data the region almost certainly still was in recession.