InfoAnda - Greeks protest, almost half oppose austerity |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Violence, fear & suspicion imperil Pakistan's war on polio | | 23 December 2012
German Ifo business confidence up again in June | 22 June 2009
Annan and Assad agree political approach for Syria | | 10 July 2012

Netanyahu asks Russia for 'biting' Iran sanctions | 16 February 2010

Forum Views () Forum Replies ()

Read more with google mobile : Greeks protest, almost half oppose austerity |

Edition: U.S. Article Comments (4) Slideshow Video Full Focus Photos of the week Our top photos from the past week. Full Article Follow Reuters Facebook Twitter RSS YouTube Read Springsteen saxophonist Clarence Clemons dies 18 Jun 2011 Obama impersonator cut off at Republican conference 18 Jun 2011 Greeks protest, almost half oppose austerity | 12:49am EDT Missouri River releases step up ahead of rains 18 Jun 2011 Sega attacked, hacker group offers to take revenge 18 Jun 2011 Discussed 72 Republicans to debate, with Romney the frontrunner 47 Weiner tells friends he will resign: NY Times 43 IMF cuts U.S. growth forecast, warns of crisis Watched Airbus' view of flying in the future Mon, Jun 13 2011 Hefner, fiancee split; Schwarzenegger mistress talks Wed, Jun 15 2011 Greeks protest austerity measures Sat, Jun 18 2011 Greeks protest, almost half oppose austerity Tweet Share this Email Print Related News Quick Guide to the Greek crisis Sat, Jun 18 2011 Pension funds, banks face risk in new Greek rescue: Wellink 12:49am EDT Analysis & Opinion Parsing banks’ exposure to Greece Key transatlantic contagion channel still open Related Topics World » Related Video Greeks protest austerity measures Sat, Jun 18 2011 1 / 10 Protesters shout slogans in front of parliament during a rally against austerity economic measures and corruption in Athens' Syntagma (Constitution) square June 17, 2011. Credit: Reuters/John Kolesidis By Michael Winfrey and Renee Maltezou ATHENS | Sun Jun 19, 2011 12:49am EDT ATHENS (Reuters) - Thousands of Greeks marched on parliament on Saturday in a show of unabated public anger after Prime Minister George Papandreou vowed to push on with an austerity campaign that a poll showed half the country opposed. In a move meant to stifle dissent in his Socialist Party, Papandreou on Friday dismissed Finance Minister George Papaconstantinou, architect of a new five-year austerity program that has sparked weeks of protests. The reshuffle coincided with a pledge by France and Germany to continue funding Athens, a move that may have bought Greece and its fellow euro zone members time to prevent a messy default, even if doubts over its longer-term solvency persist. The European Union and International Monetary Fund have made the reforms a condition for a new bailout package worth an estimated 120 billion euros ($170 billion) that Greece, shut out of markets, will need to fund itself through 2014. Around 5,000 protesters from the Communist group PAME marched into Athens' central Syntagma square -- where demonstrations turned violent earlier this week -- chanting "the measures are killing us!" French activists also performed with a three-meter puppet depicting a bloodied figure of Lady Justice to rhythmic drumming, in a gesture of solidarity with Greek protesters who have camped in the square for three weeks. "What has changed with the reshuffle? Nothing," said Costas, a 22-year-old student who has been camping on the square since the beginning of the month. "We are not planning to leave unless they take back the measures." An opinion poll taken before the reshuffle showed 47.5 percent of respondents wanted parliament to reject the reform package and for Greece to hold early elections. Just over a third -- 34.8 percent -- wanted it to be approved so Athens could secure the second bailout. Constantinos Routzounis, head of pollsters Kapa Research, said Greeks were not against austerity in itself but thought the reforms were unfairly aimed at the poor while wealthy tax evaders and corrupt politicians got off lightly. "People don't want Greece to exit the euro zone. They do want fiscal consolidation measures -- but more just ones," he told Reuters. Greece's biggest union GSEE, representing around 2 million workers in the private sector, called for a 48-hour strike when parliament votes on what has been dubbed the mid-term plan. The government hopes that will happen by end-June. RESHUFFLE MIGHT WEAKEN REFORMS Papandreou appeared to curb a revolt in his party by including some of the austerity package's harshest critics in the new administration, but that might also lead to a weakening of the reforms. He named political heavyweight Evangelos Venizelos, his biggest party rival, as finance minister. Shortly after his nomination, Venizelos said he would travel to Luxembourg on Sunday to meet euro zone finance ministers and ask them to allow some "improvements ... for social justice" in the reforms, fuelling concerns that the new government has less resolve to hammer through the austerity program. The finance ministers are expected to agree to release a 12 billion euro tranche of an existing year-old bailout that Greece needs to pay back debt maturing in July and August and avoid default. "They've bought themselves time until September," said Howard Wheeldon, strategist at BCG Capital Partners in London. "Germany and France are the main countries involved here, and neither of them are going to let the euro fail, and they're not going to let Greece fail." Luxembourg's Jean-Claude Juncker, chairman of the euro zone finance ministers' Eurogroup, criticized German pressure to involve bondholders, telling a German newspaper this has pushed up the cost of the bailout. "We are playing with fire," he said, adding that in the worst case, ratings agencies could declare a default leading to dire consequences for the currency union. Papandreou's new cabinet is expected to survive a parliamentary confidence vote on Tuesday night, and then approve a package which envisages 28 billion euros in tax hikes and spending cuts by 2015. But Greek media were less certain about implementation, an issue that dogged Venizelos's predecessor when he struggled to meet deficit targets agreed with Greece's bailout lenders. "Greece needs a strong government. But does it need a strong government to finally implement what has been agreed with the EU or to break these deals?," columnist Yiorgos Karipidis wrote in main Greek financial daily Imerisia. FEARS OF DEFAULT On Saturday, German Finance Minister Wolfgang Schaeuble said all parties negotiating a new bailout had agreed that private creditors should be involved on a voluntary basis but details on how to do this still needed to be worked out. A day earlier, German Chancellor Angela Merkel backed away from a demand that private bond holders swap their holdings for new Greek debt with maturities of seven years. She said she now believed that an option based on investors voluntarily maintaining their exposure was a "good foundation" for a deal. In St. Petersburg, Spanish Prime Minister Jose Luis Rodriguez Zapatero also said the private sector would voluntarily take part. "Greece will be able to come out of it with the help of the IMF and Europe," he said. "That will certainly cost money, efforts will have to be applied, but simply because we are going to do it the private sector will voluntarily participate in this process. Therefore there are no other alternatives." On Friday Merkel also brushed aside reports that Germany had been pushing to delay agreement on a new bailout until September, instead calling for the quickest possible solution. Olli Rehn, the European Commission's top economic official, said he was confident the next tranche of EU/IMF aid would be released next month and expected euro zone finance ministers to take decisions on a successor program for Greece on July 11. The Franco-German agreement on Friday reduced market risk premiums on Greek debt after a week-long financial retreat. However, most economists are overwhelmingly skeptical that Greece can ever repay a debt pile that economists expect to rise to 170 percent of the country's annual economic output by 2013. (Additional reporting by Barry Moody, Hugh Lawson in Athens, Brian Rohan in Berlin, and Tim Heritage in St. Petersburg; writing by Michael Winfrey; editing by Barry Moody and Ruth Pitchford.) World Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (4) txgadfly wrote: Here in the US, over 3/4 of the people have opposed our middle eastern wars for over 5 years, yet the Government refuses to even discuss ending them. One excuse after another. And we call ourselves a “democracy”, a bastion of “freedom”. Yet a mere half of Greece has the government trembling. Jun 18, 2011 10:50pm EDT -- Report as abuse 1progressive wrote: “Austerity” is another word for “making the working class pay for all the money that the bankers took out of the economy during the fiscally irresponsible Conservative administration that racked up all this debt.” The people of Greece are right to be angry, they should be angry. Taking from the poor to give to the rich is unfair, unjust, and distinctly not very Socialist. The one and only appropriate path for Greece to improve its financial situation is to make its tax laws more fair; and somehow that solution does not get much traction with the IMF, with its apparent fixation on dramatic social engineering programs that would cause the working classes to starve. America, take note. The Republican Congress wants America to look like Greece. They are steering us in this direction. If we let them, it will not be pretty. Jun 18, 2011 11:49pm EDT -- Report as abuse iq160 wrote: The Republican Congress wants to PREVENT America from looking like Greece. Greeks have lived far beyond their means for many many years, and most people don’t even pay taxes to support the largess. Tax cheating is a national pass-time every bit as much in the poorer sections of society as the richer parts. Austerity comes about because the society has overspent itself. Anyone with any integrity can see that’s been going on in the US for decades by BOTH parties. The latest round by the Demoncrats makes the Republicans’ overspending look like child’s play though. One can always tell when the Socialists and Marxists have arrived as they substitute “Social Justice” in place of “Justice”. Justice is doing the right thing because it’s right. “Social Justice” is doing the wrong thing because it is expedient. Greeks don’t earn their living so in order to cheat economics a little longer, the Marxists roll out the absurdly named “Social Justice” which is really mob-rule. Placate the Gimme-groups so they don’t riot. It’s actually extortion. Unless we get control of the spending here (toss out ANYONE that advocates deficit spending) the biggest difference between the US and Greece will that there won’t be anybody to bail us out. Jun 19, 2011 1:18am EDT -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Sunday, 19 June 2011
Egypt court suspends order to remove Mubarak name |
Iran dissidents call for protection after attack |
Carolina Herrera designs dress for Twilight wedding
NATO says its aircraft hit Libyan rebel column |
"The View" to tackle Casey Anthony case
After brush with law Seahawks’ Raheem Brock extends help to teens
Somalia sentences US, UK nationals to 15-year terms on piracy-related convictions
Syrian refugees in Turkish camp watch news of home |
Al Shabaab executes two men for allegedly spying for Somali government
Almost half of Greek voters oppose austerity deal: poll |
Arnold Schwarzenegger’s baby mama speaks out about her son
Marion Bartoli wins Eastbourne title; Vinci, Tursunov rule Holland event
'Double' Chest Scans Increase Costs And Exposure To Radiation
Hugh Hefner left with a huge wedding bill
Elizabeth Hurley's Divorce Final
Games firm Sega investigates hacking breach: report |
Libya gov't says NATO Tripoli strike kills civilians |
Greeks protest, almost half oppose austerity |
Syria forces storm border town near Turkey |
McIlroy's Magical March? record-setter has eight-shot lead at U.S. Open
Nevada wideout Brandon Wimberly shot in abdomen during altercation
Boston bash: Bruins delight throng with Stanley Cup trophy
Carl Edwards wins Nationwide race in Michigan
Harrell homer helps Vandy overtake Tar Heels at College World Series
Speedy Kurt Busch scores third straight pole
Streaking Nationals beat Orioles for eighth straight win
Pakistan looms large as India, China armies resume talks |
Chile's Pinera vows punishment for credit scandal |
Sega says 1.3 million users affected by cyber attack |
Apple, Intel to vie for Nortel patents: report |
Springsteen saxophonist Clarence Clemons dies |
On wedding day, Hugh Hefner embraces single life |
Afghanistan says will deal with IMF crisis after summer holiday |
Berlusconi's allies back Italian coalition for now |
Pakistan says it drives militants into Afghanistan |
Fatah calls off Cairo unity meeting with Hamas |
Somali PM resigns to comply with agreement
Clashes between army, militants in Yemen kill 16 |
Clarence Clemons dies at 69
Three wounded while watching 'Old West' shootout
Egypt appoints new foreign minister |
Stranded Florida Keys whale euthanized
Firefighters suspected of looting after Joplin tornado
Tunisia's ousted leader says his trial is a sham |
Cop dressed as clown shoots dead alleged teen robber
MLS: Bernardo Anor aids Crew in topping Dynamo in third-place battle in East
Graeme McDowell pulling for countryman Rory McIlroy at U.S. Open
WNBA: Ivory Latta leads Shock in overwhelming Mystics for first win of season
Strikeforce: Alistair Overeem tops Werdum; advances to Grand Prix semis
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01