NEWS: Greek lawmakers approve austerity bill as Athens burns

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MONDAY, FEB 13, 2012| 1 comments

Greek lawmakers approve austerity bill as Athens burns

The Greek parliament approved a deeply unpopular austerity bill to secure a second EU/IMF bailout and avoid national bankruptcy, as buildings burned across central Athens and violence spread around the country.

Cinemas, cafes, shops and banks were set ablaze in central Athens as black-masked protesters fought riot police outside parliament.

State television reported the violence spread to the tourist islands of Corfu and Crete, the northern city of Thessaloniki and towns in central Greece. Shops were looted in the capital where police said 34 buildings were ablaze. ...

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2/13/12 3:28 PM

Olas

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"The Greek parliament approved a deeply unpopular austerity bill to secure a second EU/IMF bailout and avoid national bankruptcy"

The politicians make the rules whilst the people complain and rebel.

But thats democracy for you!!

Greece's problem is too much socialism which created too much bureaucracy.

Bureaucracy costs money - taxpayers money.

Industry would have been more productive and provided more capital for the nation.

Someone better tell Mr Obama!!

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