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Greece OKs Austerity Bill Amid Rioting

Dozens of police and protesters injured, buildings ablaze

By the Associated Press

Posted Feb 12, 2012 5:18 PM CST

(AP) – Greece's parliament has approved an austerity and debt-relief bill, crucial for the country to avoid bankruptcy and remain in the eurozone. Lawmakers voted today in favor of the bill that imposes harsh new austerity measures in return for a $171 billion new bailout agreement and related deal with private creditors to shave $132 billion off the country's national debt. The vote occurred after extensive rioting and looting swept through the Greek capital.

Demonstrators set buildings ablaze and fireballs lit up the night sky in Greece's capital after more than 100,000 protesters marched to the parliament to rally against the drastic cuts, which will ax one in five civil service jobs and slash the minimum wage by more than a fifth. At least 10 buildings were on fire, including a movie theater, bank, and cafeteria, and looters smashed dozens of shops in the worst riot damage in years. Dozens of police officers and at least 37 protesters were injured, and more than 20 suspected rioters were detained.

Greece's Finance Minister Evangelos Venizelos, bottom left and Foreign deputy Minister Dimitris Donis applaud Prime Minister Lucas Papademos during a debate at the Parliament on Sunday Feb. 12, 2012.
Greece's Finance Minister Evangelos Venizelos, bottom left and Foreign deputy Minister Dimitris Donis applaud Prime Minister Lucas Papademos during a debate at the Parliament on Sunday Feb. 12, 2012.   (Dimitri Messinis)
Protesters pass by a burning cinema  in Athens, Sunday, Feb. 12, 2012.
Protesters pass by a burning cinema in Athens, Sunday, Feb. 12, 2012.   (AP Photo/Kostas Tsironis)
Riot police, not seen, push back protesters as the ancient Temple of Zeus is illuminated during clashes in Athens, Sunday, Feb. 12, 2012.
Riot police, not seen, push back protesters as the ancient Temple of Zeus is illuminated during clashes in Athens, Sunday, Feb. 12, 2012.   (AP Photo/Thanassis Stavrakis)
Riot police detain a protester during clashes in Athens, Sunday, Feb. 12, 2012.
Riot police detain a protester during clashes in Athens, Sunday, Feb. 12, 2012.   (AP Photo/Petros Giannakouris)
Protesters run away from tear gas during clashes between protesters and riot police near the Greek parliament in Athens on February 12, 2012.
Protesters run away from tear gas during clashes between protesters and riot police near the Greek parliament in Athens on February 12, 2012.   (Getty Images)
Riot police fall down during clashes in Athens, Sunday, Feb. 12, 2012.
Riot police fall down during clashes in Athens, Sunday, Feb. 12, 2012.   (AP Photo/Petros Giannakouris)
Demonstrators protect themselves from tear gas during violent protests in central Athens February 12, 2012.
Demonstrators protect themselves from tear gas during violent protests in central Athens February 12, 2012.   (Getty Images)
A demonstrator protects himself from tear gas during violent protests in central Athens February 12, 2012.
A demonstrator protects himself from tear gas during violent protests in central Athens February 12, 2012.   (Getty Images)
A man calls out to protesters during clashes between protesters and riot police near the Greek parliament in Athens on February 12, 2012.
A man calls out to protesters during clashes between protesters and riot police near the Greek parliament in Athens on February 12, 2012.   (Getty Images)
Protesters' black and red paint is on the marble of the Bank of Greece beside the scrawled message ''Bank of Berlin'' during clashes in Athens, Sunday, Feb. 12, 2012.
Protesters' black and red paint is on the marble of the Bank of Greece beside the scrawled message ''Bank of Berlin'' during clashes in Athens, Sunday, Feb. 12, 2012.   (AP Photo/Thanassis Stavrakis)
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COMMENTS
Showing 3 of 6 comments
gilgordan
Feb 13, 2012 1:14 PM CST
This scene will be the streets of US soon regardless of whose elected. If Republicans' then next year for sure, with Democrats' then in 8 years. It's all part of the master plan used in business to eliminate the weak through consolidation or absorption by the strong. Nothing is written where sovereigns cannot be consolidated just like other businesses! This then will be the 21st Century; the end of nation states to the rise of regional oligarchies.
reasonator
Feb 12, 2012 9:53 PM CST
Socialism at its best.
meanbill
Feb 12, 2012 6:57 PM CST
The EU was a great dream, and now a bad dream, and soon a nightmare. - The EU is like the United States, but with a President and Congress in every State. - Look how bad it is in America with just one President and a two party Congress. - Almost total gridlock. - Now take another look at the EU and you see no solutions to all those failing economies in the poorer countries. - The EU is a dying dream.

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