In the present paper an empirical analysis will point out that austerity measures due to high levels of government debt as a percentage of GDP have (among others) a positive impact on social unrest measured by the number of strikes. The empirical findings of the present paper support the view of (Ponticeilli and Voth, 2011). Present article is an extension of author’s previous works. The sample covers during the period 1998-2006 many European countries. The elaboration of the panel data is made feasible by means of the Eviews software package.