Thousands protest in Greece amid Debt Crisis

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Greece Protest
Athens, May 20: Thousands of protesters marched against austerity measures in central Athens on Thursday May 20.This was the fourth major demonstration this year.

More than 10,000 public and private sector workers marched through the the parliament building yelling slogans of “Thieves, give back our money,".

It is evident that Greece"s debt crisis and subsequent public spending cuts — which includes slashing salaries and pensions — and tax hikes have sparked protests and riots in Greece.

More than 36 people were reportedly detained by police early Thursday May 20, after protesters two weeks ago firebombed a bank, leaving three employees dead.

31—year—old Eleni Mitsou said, “How does the government expect the younger generation to find work? The average salary is now 560 euros,"

Though European Union policymakers and investors are closely monitoring public reaction amid concerns that large—scale social unrest could prevent the government from pushing through the tough measures.

But Greece"s main unions are gearing up for more such protest against a pension reform bill that would further burden the poor.

OneIndia News

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