Sunday, February 12, 2012

Greek MPs pass austerity plan amid violent protests

After a lot of hard work Greece's parliament passed a package of austerity measures in complacence with the eurozone and the IMF demands. The package was passed 199 to 74 while parliament was voting mass protests were taking place outside the parliament building. Several buildings were set a blaze and the police had to use tear gas to put the crowd down. The public is outraged at the governments action and more violence is expected in the coming weeks. The austerity package includes huge cuts in public sector jobs as well as a large scale down of minimum wage and other conditions. This all came about when Greece was unable to pay back its loans and fear of a default could throw off the entire eurozone and increase financial instability across Europe.


Nicole LeDonne

No comments: