Unions slam ECB's small rate cut as poverty rises across

The European Central Bank further cuts interest rates, while critics saying the bloc's leaders are more interested in feeding the arms industry than meeting the needs of citizens.

EU ECB poverty

Jerome Hughes
Press TV, Brussels

Poverty in the EU rises, wages stagnate, and food prices climb again across the eurozone as the European Central Bank (ECB) further cuts interest rates. Critics say the bloc's political leaders are more interested in feeding the arms industry than meeting the needs of citizens.