Greeks fight back against austerity
Greek workers went on strike against austerity measures on Friday, docking ships and halting public transport, hours after eurozone finance ministers said Athens needed to make more cuts to convince them to release a financial bailout.
Before they release more aid, Greece’s financial backers have demanded parliamentary ratification of the new austerity package this weekend, the identification of a further 325 million euros of spending reductions by next Wednesday and a strong commitment from all parties to implement the reforms.
But it may be a demand too far. Many Greeks, already suffering from five consecutive years of recession, are increasingly angry about the measures, which are unlikely to help an economy, where one in five is unemployed, shops close one after another and households are tightening their budget.
The central Athens Syntagma square, in front of parliament, echoed with loudspeaker calls to rally against the measures: “No to layoffs! No to salary cuts! No to pension cuts! Do not bow your heads! Resist!” (Photos: Reuters)