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 Clashes break out as Greek strikers 
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Post Clashes break out as Greek strikers
aim for nationwide shutdown

Athens, Greece (CNN) -- Protesters and police clashed in front of the Greek parliament building Wednesday, as tens of thousands of demonstrators gathered in Athens on the first day of a two-day general strike over austerity measures.

Strikers in Greece aim to shut down wide sectors of the country, a day before lawmakers vote on a new round of tough cost-cutting measures.

"Don't bow your head, it's time for resistance and struggle," marchers chanted in the capital as numbers swelled for the union-backed demonstration.

The violence broke out around lunchtime in one corner of the square, beside Parliament House, as a group of protesters dressed mostly in black threw rocks and Molotov cocktails at police. :evil :nono

Officers fired stun grenades, tear gas and "flash bangs" in return, sending noisy detonations echoing round the square.

Police estimated that more than 70,000 people were protesting in Athens, and said they planned to put between 2,500 and 3,000 officers on the streets. Organisers estimated the turnout at 120,000 people.

More than 100 security officers guarded parliament, enforcing a 50-yard empty space between the demonstrators and the building.

Initially, most of the protesters gathered peacefully in front of Parliament House waving union flags, red flags and banners.

"I'm here for my children and everyone else's children. Those punks in there have destroyed everyone's lives," said former railway worker Diamandis Goufas, 62, pointing at parliament. :heart

Read more here: http://www.cnn.com/2011/10/19/business/greece-austerity-strikes/index.html?hpt=hp_t2

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Wed Oct 19, 2011 7:16 am
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Post Re: Clashes break out as Greek strikers
excerpts from an article on current EU/euro crisis

Quote:
It has become all the more obvious this year than last that cutting Greece loose from the eurozone would have been the more reasonable response to its inexorable debt problems.


Quote:
On Sunday, finance leaders of the Group of 20 Nations agreed that by Oct. 23 the mother of all strategies would be unveiled, including what to do with European banks and what to do about Greece.


Quote:
On Monday, the IMF said, "The immediate risk is that the global economy tips into a downward spiral. ... Even in a less severe scenario, key advanced economies could suffer from a protracted period of low growth."


Read more: http://www.upi.com/Business_News/Analys ... z1bF0wDQ5D

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Wed Oct 19, 2011 8:20 am
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