Saturday, February 11, 2012

Greece's rebel MPs told to accept bailout terms

Guardian
February 11, 2012

The Greek government has told rebellious MPs to back a deeply unpopular euro rescue package or send the nation down "an unknown, dangerous path" to default and international economic isolation.

The deputy finance minister, Filippos Sachinidis, said the consequences of failing to accept the bailout terms were "incalculable" for the country.

"Let's just ask ourselves what it would mean for the country to lose its banking system, to be cut off from imports of raw materials, pharmaceuticals, fuel, basic foodstuffs and technology," he said.

The warning came as a 48-hour protest strike went into its second day.

About 50 Communist party activists draped two huge banners on the ramparts of the Acropolis, reading: "Down with the dictatorship of the monopolies (and the) European Union."

Up to 7,000 demonstrators gathered in central Athens, police said, but there was no repeat of the trouble on Friday when police fired teargas at protesters throwing petrol bombs and stones.

More

No comments: