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Latest update: 15/06/2011
- debt - Greece - IMF
Live: Amid protests, Greek PM in negotiations to quit
Greek Prime Minister George Papandreou has offered to step down to make way for a national unity government, provided it will support EU/IMF bailout plans, which the opposition says must be renegotiated.
- Prime Minister George Papanderou offers to step down and make way for a unity government, negotiations with the opposition are ongoing.
- Greek workers have launched a 24-hour strike to protest against austerity measures being debated in parliament today.
- The government needs to pass a new 2012-2015 austerity program worth 28
billion euros ($40.5 billion) this month or face being cut off from continued funding from a 110-billion-euro package of rescue loans from European countries and the International Monetary Fund. - Scroll down to follow the latest events on our live blog.
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Comments (6)
These measures are
These measures are disturbing. What is even more disturbing is that people in the US seem to be seeing this as a problem overseas, but all markets are connected.
Greece debt
Regretably the people of Greece have to realise that loans have to be paid, and that quite a few people in Europe are getting fed up with bailing the country out with no apparent action in Greece to sort out the financial mess they have.
One million indignants today
One million indignants today around Syntagma square in Athens.
We will not sell our country
We will not sell our country to france,germany,china and turkey.
Greece Problems
They try to make Greece a slave for the next 50 years.Enough is Enough for people that in the next 3-4 months will loose everything.Unemployment will reach 30-40% till the end of the year therefore what future exist with this agreement ?
A small demonstration
This is a small demonstration of people infront of the Greek Parliament. Greek TV says it is a sea of demonstrators but the images they show reveal an ordinary demonstration.
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