Greeks Take to the Streets
Thousands of angry Greeks took to the streets on May Day, protesting a wave of wage cuts, tax increases and pension reductions implemented to deal with the country’s growing debt crisis.
The government is turning the screws on spending in exchange for an EU/IMF bailout package of up to $120 billion. –JCL
Wait, before you go…
Al Jazeera English:
Riot police have clashed with Greek demonstrators angry about planned wage cuts, tax rises and pension reductions to be implemented to tackle the country’s debt crisis. ?? Thousands of left-wing demonstrators and labour union members descended on Athens, the capital, on Saturday for a May Day march against the so-called austerity measures.
Police fired tear gas into the crowds after protesters hurled rocks at the finance minister, where European Union and International Monetary Fund (IMF) officials have been meeting to discuss a bailout for the beleaguered euro zone nation.
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