Saturday, June 18, 2011

Greek debt crisis: protests renewed over reshuffle status quo

Guardian
June 18, 2011

Thousands of Greeks have marched on parliament in a show of renewed public anger after the prime minister, George Papandreou, reshuffled his cabinet and vowed to push on with deeply unpopular austerity measures.

In a move aimed at stifling dissent in his Socialist party, Papandreou on Friday dismissed his finance minister, George Papaconstantinou, who masterminded the five-year austerity programme that has sparked weeks of protests.

The reshuffle coincided with a pledge by France and Germany to continue funding Athens, a move that may have bought Greece and its fellow euro zone members time to prevent a messy default, even if doubts over its longer-term solvency persist.

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1 comment:

mamvas said...

Hello

Why not follow the way of Iceland?
I think Greece should refuse to pay a debt that belongs to the banks of France and Germany
I invite you to see
http://mamvas.blogspot.com/search/label/Grecia
I have posted on my blog Debtocracy (valuable documentary) for the whole world to see
http://mamvas.blogspot.com/2011/06/deudocracia-grecia-el-fmi-y-la-deuda.html
Also on this site in Spain