Subscribe free to our newsletters via your
. Military Space News .




POLITICAL ECONOMY
Greek anger over austerity not abating
by Staff Writers
Athens, Greece (UPI) Oct 19, 2012


disclaimer: image is for illustration purposes only

Greek anger over the European Union-led austerity plans being enforced by the government shows no sign of abating as one tragedy after another unfolds in the streets of Athens.

The country's newly dispossessed, far from obtaining redress, are collecting court convictions in clashes with police, adding to hardship that cuts through classes of various income groups.

Law enforcement agents trying to contain angry protesters fired tear gas in response to some petrol bombs and other projectiles thrown at them during a large rally in central Athens.

The national strike Thursday coincided with European Union summit talks in Brussels to decide the next aid payment to Greece.

Prime Minister Antonis Samaras' plans to change labor conditions and cut wages have met with condemnation and angry responses from Greeks across the social spectrum.

In clashes in and around Syntagma Square, in front of Parliament, police also used stun grenades, which have sparked an angry controversy.

A 65-year-old man died, reportedly of a heart attack, during the violent clashes, but authorities are keen to report the death separate from riot casualties, in spite of the use of potent riot control equipment including the tear gas and stun grenades.

It was the second such death related to street protests in a year. Last year, a 53-year-old builder died of a heart attack at another protest, but law enforcement agencies denied the death was linked to the use of teargas or stun grenades.

Several protesters were injured and there were likely police injuries, too, as witnesses saw some protesters throwing stones, including pieces of marble and other debris from archaeological sites.

The broad, tree-lined square was again a scene of a bitter stand-off between protesters and police. Some critics have likened the situation to a tragedy as the law enforcement agencies are also facing cutbacks and the youthful enforcers of the law face families divided by the country's sweeping economic deprivation.

The protests began Thursday in response to strike calls that some media also joined, affecting news coverage by some outlets.

Around 70,000 people assembled in central Athens and protests also took place in other Greek cities. About 17,000 protesters took to the streets of Thessaloniki, Greece's second biggest city.

Despite rising rage most protesters have abstained from violence but news media reports said it could have have been much worse.

The news media are awash with stories of hardship and multiplying tragedies.

In April a senior Greek citizen shot himself dead in Syntagma Square after admitting to shame and fear over his endless search for food in the rubbish bins near the square's high-end hotels and fashionable stores.

The man was identified as a 77-year-old retired pharmacist whose suicide caused widespread grief across the nation.

At least five people are known to have died in various demonstrations in Greece since 2010. In May 2010, three people died during a fire at a bank that began during a demonstration.

Officials remain coy about the impact of the austerity program both in the public sector and the industry.

Tens of thousands of businesses have collapsed, thousands more are struggling to survive and independent forecasts say more business shutdowns are on the way.

The country's trio of lenders -- the International Monetary Fund, the European Central Bank and the European Commission -- want Samaras to implement austerity cuts amounting to 13.5 billion euros (about $18 billion), including wage and pension cuts, as well as demands to streamline labor laws seen as hurting the country's competitiveness.

The lenders say the package is needed to free up a 31.5 billion euro loan (about $41.29 billion) Greece needs to stay solvent.

"Agreeing to catastrophic measures means driving society to despair," said Yannis Panagopoulos, leader of Greece's largest private-sector union. "The consequences as well as the protests will then be indefinite."

.


Related Links
The Economy






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








POLITICAL ECONOMY
Japan's NEC revises up profit forecast
Tokyo (AFP) Oct 19, 2012
Japanese information technology firm NEC said Friday it has revised its half year forecast from a loss to a healthy net profit, with reports saying demand for iPhones was helping the company. For the first six months to September, NEC now predicts a net profit of 8 billion yen ($100 million), compared with its earlier forecast of a net loss of 24 billion yen. It expects an operating prof ... read more


POLITICAL ECONOMY
Jacobs supports Patriot Excalibur system

Russia prepares a response to US missile defence plans

Northrop Grumman Completes SBIRS HEO-3 Payload Integration and Ambient Functional Test

Report: Funding for Iron Dome could be cut

POLITICAL ECONOMY
Full production for German army missile

Raytheon awarded $349 million US Army contract for TOW missiles

UN's Ban alarmed by North Korea missile claim

Raytheon awarded US Army contract for TOW missiles

POLITICAL ECONOMY
Innocon selects Imint's Vidhance video enhancement engine and video tracker for its small unmanned aerial vehicles

Venezuela serious about producing drones

Israel unveils Flying Elephant, other UAVs

Israel's IAI 'wins $958M India drone deal'

POLITICAL ECONOMY
$15M order for Harris tactical radios

SPAWAR Atlantic taps Engility

Northrop Grumman Begins Production of EHF SatCom System for B-2 Bomb

Mutualink Selects Benchmark to Manufacture Interoperable Communications Systems on Global Scale

POLITICAL ECONOMY
Australia opts for more towed howitzers

Raytheon awarded $45 million MK 54 torpedo contract

Raytheon UK awarded a 15-year logistic support contract by NATS

Lockheed Martin Modernizes Distributed Common Ground System Imagery Testbed

POLITICAL ECONOMY
Putin slams dictation to Russia on arms trade

China leads rise in Asia military spending: study

Britain to investigate military 'cash for access' claims

EADS/BAE deal collapse a setback, mergers still needed: analysts

POLITICAL ECONOMY
50 years after war India chafes over defeat to China

Van Rompuy wants all EU leaders to collect Nobel Peace Prize

US views harden on China, Iran ahead of election: poll

Philippines, China hold talks amid maritime row

POLITICAL ECONOMY
University of Florida chemists pioneer new technique for nanostructure assembly

New Techniques Stretch Carbon Nanotubes, Make Stronger Composites

New Way to Prevent Cracking in Nanoparticle Films

Queen's develops new environmentally friendly MOF production method




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement