Greek riot police have fired tear gas at anti-austerity protesters

Live Stream Greece Protest - TV Greek Riots Video Feed

(AP) ATHENS, Greece — Greek party leaders on Tuesday will meet to seek a long-delayed agreement on harsh cutbacks demanded to avoid looming bankruptcy, amid intense pressure from its bailout creditors to reach a deal, a general strike disrupting public services and thousands of protesters taking to the streets of Athens.

Heads of the three parties backing the interim government will confer with Prime Minister Lucas Papademos on new salary cuts and job losses, which Greece's eurozone partners and the International Monetary Fund are demanding to keep the country's vital rescue loans flowing.

A general strike against the impending cutbacks stopped train and ferry services nationwide, while many schools and banks were closed and state hospitals worked on skeleton staff.

Riot police fired tear gas to repel hundreds of anti-austerity protesters trying to break a cordon outside Parliament, but no arrests or injuries were reported and the clashes quickly subsided.

Police said some 10,000 people took part in an otherwise peaceful march to Parliament under heavy rain, organized by the country's two biggest labor unions. A separate demonstration by about 10,000 Communist unionists ended without incident.

On Monday, Prime Minister Lucas Papademos' government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, out of a total 750,000.

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Comment by truth on February 7, 2012 at 8:24am

IMF: “Greece Needs to Cut Wages to Compete” – How Will People Live is a Question Nobody Cares to Answer…

Posted by keeptalkinggreece in Economy

Drawing plans on sheet papers seem the easy way. IMF’s chief economist Oliver Blanchard said that Greece needs to cut wages in private sector to boost competitiveness. However neither Blanchard nor the other wise-guys, economists or not, seem to be able to answer a simple but practical question: With all
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Comment by truth on February 7, 2012 at 8:22am

video platformvideo managementvideo solutionsvideo player Athens: Angry Protesters Set German Flag Alight (video)

Comment by truth on February 7, 2012 at 8:17am

Protestors causing mayhem in the streets of Greece/AFP

ATHENS, Feb 7 – A general strike gripped Greece on Tuesday in protest against new austerity measures demanded with increasing urgency by the European Union as part of a debt rescue deal with banks.

Thousands of protesters braving a light rain assembled on Syntagma Square in central Athens, a landmark of Greek anger against austerity measures from the EU and International Monetary Fund.

Greece is at the limit of a timetable to agree new budget action, and to conclude a debt-write-off deal with banks, under a second rescue package which it needs to avoid debt default in about six weeks’ time.

“No to public sector layoffs!”, “No to to cutting the minimum wage!”, protest banners said as part of a 24-hour strike against severe budget action that had begun under the slogan “That’s enough, we can’t take any more.”

http://www.capitalfm.co.ke/news/2012/02/general-strike-his-greece-a...

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