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Europe
Greek MPs Vote on Austerity as Protests Turn Violent
2012-11-08
[An Nahar] A huge protest outside the Greek parliament turned violent Wednesday ahead of a late-night vote on a deeply unpopular new austerity bill, as demonstrators hurled petrol bombs and police fired tear gas to disperse them.

As a general strike called by the two main labor unions paralyzed the country for a second straight day, more than 70,000 people turned out to protest the new 18.5-billion-euro ($23.6-billion) belt-tightening package.

The measures are vital to unlock international aid and stave off imminent bankruptcy for the crisis-ravaged country.

The demonstration proceeded peacefully for nearly two hours as a heavy police cordon stood guard.

But when officers used tear gas to repel a group of nearly 300 people, protesters responded by throwing petrol bombs, according to a police source, who said 20 people had been cooled for a few years
Drop the rosco, Muggsy, or you're one with the ages!
The violence erupted as 300 politicians held a fierce and lengthy pre-vote session that was interrupted when Finance Minister Yannis Stournaras announced that salary cuts would also affect parliamentary employees -- who responded by threatening to go on strike immediately.
Posted by:Fred

#2  Greece is bankrupt.
They cannot pay.
Write off the debt.
Do not lend them more.
Posted by: Bright Pebbles   2012-11-08 11:17  

#1  Update
The Troika ( European Union, the European Central Bank and the International Monetary Fund)are on a promise to Geitner to do everything to keep the EURO stable until at least the election, so as not to damage Obamas re-election chances, in return for which the bailout funds will be extended to Europe. You can sleep soundly at night from now on just listening to the printing presses purring away in overdrive.
Greece lawmakers back austerity cuts amid protests
Lawmakers in Greece have narrowly backed a fresh round of austerity measures, despite violent protests across the country.

The austerity package aimed at securing the next round of bailout funds was passed with 153 MPs in favour - a majority of just three.

The 13.5bn-euro ($17.3bn; £10.5bn) bill includes tax rises and pension cuts.

Earlier, riot police fired tear gas towards protesters when they were attacked with petrol bombs in Athens.
Posted by: tipper   2012-11-08 01:04  

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