Monday, 13 February 2012

Greece crisis














Greece was just a breath away from Ground Zero. The cabinet has approved the measures
and thousands of protesters rallied in central Athens against the measures. Greek police fired tear gas to disperse protesters throwing petrol bombs outside parliament. The government has warned there will be chaos if the bill is rejected. 15,000 public-sector job cuts liberalisation of labour laws lowering the minimum wage by 20% from 751 euros a month to 600 euros negotiating a debt write-off with banks. Demonstrators outside say they are tired of the pain after two years of cuts.


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