05 May 2010

EUROZONE: 3 Dead, 100,000 Riot In Greece Over Austerity Measures.

REUTERS/    What international investors fear  most--strong popular resistence to austerity measures linked to a $146 bn bail-out--is beginning to play-out on the streets in Greece. Hundreds of thousands demonstrated in Athens and three were killed as rioters stormed the Parliament, hurling Molotov cocktails and torching buildings despite police teargas counterattacks. Union reaction until now has been muted, although the country has been hit by a series of strikes. "The big participation in the strike today and the crowds that flooded the streets of Athens...send a message to the government: We will not let the EU and the IMF measures pass," declared a union official.