Thursday, April 29, 2010

It's Time for the Greek Riots

Prime Minister George Papandreou is trying to sell Greeks on the idea of a tighter government budget, in order to get IMF/EU bailout money.

Here's the response of Spyros Papaspyros, head of the ADEDY civil servants union, after meeting with Papandreou:
We find ourselves before the most savage, unprovoked and unjust attack. The answer will be given in the street.
EU and the IMF want Greek budget cuts of around 24 billion euros ($32 billion). Greek unions want cuts of 0.

Retailers plan to shut their stores on May 5, joining a strike organized by the GSEE, another union, the country’s largest.

Sixty-five percent of Greek voters polled by researcher Alco for the Proto Thema newspaper last week said Papandreou must reject any measures that lead to more wage and pension cuts, according to Bloomberg.

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