REUTERS / GUARDIAN
About 5,000, mostly communist, protestors marched on parliament...even after PM George Papandreou reshuffled his cabinet...because of his vow to continue austerity measures.
"What has changed with the reshuffle? Nothing," said a student."We are not planning to leave unless they take back the measures."
The Euro, European and world markets also settled down...as German Chancellor Angela Merkel ended her 6-week stand-off...and reluctantly relented to only "voluntary" roll-overs by investors of Greek debt that was pushed by French President Sarkozy and the ECB.
Merkel has long called-for private investors in Greece bonds to suffer forced debt re-structuring...so-called "haircuts".
Now she must face an increasingly antagonistic German parliament...and a populace unhappy about "supporting" the distressed, mostly southern tier of eurozone countries, sometimes called the "Club Med" nations.
"They've bought themselves time until September," said a London strategist.
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