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Raging Greeks stage biggest anti-austerity protest
 ATHENS - Tens of thousands Greeks rallied in central Athens on Sunday to denounce politicians, bankers and tax dodgers, as the government prepared to inflict another bout of austerity demanded by its international lenders. "Thieves - hustlers - bankers," read one banner as more than 50,000 people packed the main Syntagma square outside parliament to vent their frustration over rising joblessness as austerity bites, blaming the crisis on political corruption. Turnout was the biggest so far in a series of 12 nightly rallies on the square inspired by Spain's protest movement. Amidst a sea of splayed hands waved at the parliament building -- an offensive gesture for Greeks -- one demonstrator raised a placard reading "Bravo Yemen", whose president underwent surgery in Saudi Arabia for injuries suffered in a rocket attack on his palace. Police put the crowd at 50,000 by mid-evening, but numbers continued to grow as dusk fell over the Greek capital. Another banner drew comparisons with rallies early this year in central Cairo which ousted Egyptian President Hosni Mubarak. "From Tahrir Square to Syntagma Square, we support you!" it said. The cabinet of Prime Minister George Papandreou is due to discuss on Monday an economic plan, which a senior government official said would impose 6.4 billion euros of budget measures this year alone, on top of austerity already imposed under Greece's original international bailout agreed last year. The medium-term plan includes tax increases while the international lenders are pushing for a crackdown on widespread tax evasion. The black economy is thought to be around 20-30 percent of gross domestic product. The extra austerity is the price for a new bailout agreed with the European Union and International Monetary Fund to replace the old one, which has proved overoptimistic in assuming Greece could resume borrowing commercially early next year. Posted by: Steve White 2011-06-06 |
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