[QODLink]
Europe
Europeans brace for an 'austerity' Christmas
Financial downturn hampers festive season as shoppers dig deep to keep up traditions.
Last Modified: 17 Dec 2011 23:24

The season of good cheer and gifts is a hard sell in Europe this year. The latest financial figures reveal that people simply cannot afford to dig any deeper into their pockets amid the burden of austerity cuts and increased taxes.

Christmas, for many, represents a season of giving to loved ones. In turn, not having enough money to do sufficient giving can be a painful experience.

All this seasonal stress is a reminder to Europeans that they are paying for the financial mismanagement of their governments and banks.

Al Jazeera's Simon McGregor-Wood reports from London.

Source:
Al Jazeera
Topics in this article
People
City
Featured on Al Jazeera
Swathes of the British electorate continue to show discontent with all things European, including immigration.
Astronomers have captured images of primordial galaxies that helped light up the cosmos after the Big Bang.
Critics assail British photographer's portrayal of indigenous people, but he says he's highlighting their plight.
As Western stars re-release 1980s charity hit, many Africans say it's a demeaning relic that can do more harm than good.
Featured
No one convicted after 58 people gunned down in cold blood in 2009 in the country's worst political mass killing.
While hosting the World Internet Conference, China tries Tiananmen activist for leaking 'state secrets' to US website.
Once staunchly anti-immigrant, some observers say the conservative US state could lead the way in documenting migrants.
NGOs say women without formal documentation are being imprisoned after giving birth in Malaysia.
Public stripping and assault of woman and rival protests thereafter highlight Kenya's gender-relations divide.