Gridlock in Greece
So, time is running out for the Greek government to put a plan in place in the interest of avoiding complete economic catastrophe Too bad Prime Minister George Papandreou's austerity-tastic ideas are failing to win over the protesters (more).
So, time is running out for the Greek government to put a plan in place in the interest of avoiding complete economic catastrophe. Too bad Prime Minister George Papandreou’s austerity-tastic ideas are failing to win over the protesters making their displeasure very clear outside the parliament complex in Athens. –KA
WAIT, BEFORE YOU GO…BBC:
Thousands of protesters have gathered outside parliament in the capital where public transport has ground to a halt.
PM George Papandreou has said that only his 28bn-euro (£25bn) austerity plan would get Greece back on its feet.
If the package is not approved, Greece could run out of money within weeks.
Without a new plan in place, the EU and IMF say they will withhold 12bn euros of loans which Greece needs to repay debts due in mid-July.
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The working-class holiday has Marxist and anarchist industrial-era roots, but the significance of May 1 goes deeper than that.
Reading about America a century ago offers an eerie sense of decades melting away and past and present blurring together.
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