Wednesday, June 29, 2011
It’s make or break today in Greece – as the government sits down to vote on tax hikes and spending cuts. It’s viewed as the country’s last chance to stave off default – something that could have ruinous consequences for the Euro. But public opposition has turned violent. Scenes from downtown Athens resemble a war zone as protesters clash with police amid volleys of tear gas. Hundreds of thousands of people nationwide walked off their jobs in the strike against austerity. They say drowning the country in debt at crippling interest rates has failed once – and it’ll fail again.
This article was posted: Wednesday, June 29, 2011 at 6:50 am