Gale
05-06-2010, 06:38 AM
Things will get worse. Post them here.
Crisis Deepens; Chaos Grips Greece (http://online.wsj.com/article/SB10001424052748703961104575225472577513414.html?m od=WSJ_hpp_MIDDLENexttoWhatsNewsTop)
A nationwide strike!!!
A riot police officer was engulfed in flames from a fire bomb thrown by protesters in Athens.
Wednesday's protests were sparked by Greece's weekend agreement to adopt austerity measures in exchange for a €110 billion ($143 billion) bailout loan from the European Union and the IMF. Unions challenged Greece's parliament, which could consider the measures as soon as Thursday, to vote them down.
The general strike marks the broadest challenge to date to the government of Mr. Papandreou, which is pressed to pass the austerity legislation to unlock bailout funds to meet a debt payment later this month that it otherwise couldn't meet.
The protests also brought out many Greeks who were resigned to belt-tightening. Their unhappiness at the cuts was matched with rancor toward a generation of politicians who they say spurred the crisis with decades of corruption, kickbacks and accounting legerdemain aimed at obscuring to the EU the true level of Greece's annual deficits.
Crisis Deepens; Chaos Grips Greece (http://online.wsj.com/article/SB10001424052748703961104575225472577513414.html?m od=WSJ_hpp_MIDDLENexttoWhatsNewsTop)
A nationwide strike!!!
A riot police officer was engulfed in flames from a fire bomb thrown by protesters in Athens.
Wednesday's protests were sparked by Greece's weekend agreement to adopt austerity measures in exchange for a €110 billion ($143 billion) bailout loan from the European Union and the IMF. Unions challenged Greece's parliament, which could consider the measures as soon as Thursday, to vote them down.
The general strike marks the broadest challenge to date to the government of Mr. Papandreou, which is pressed to pass the austerity legislation to unlock bailout funds to meet a debt payment later this month that it otherwise couldn't meet.
The protests also brought out many Greeks who were resigned to belt-tightening. Their unhappiness at the cuts was matched with rancor toward a generation of politicians who they say spurred the crisis with decades of corruption, kickbacks and accounting legerdemain aimed at obscuring to the EU the true level of Greece's annual deficits.