Greeks Riot: Big Government Convenes for Vote

Washington Times - ATHENS — Youths hurled rocks and firebombs at riot police in central Athens on Tuesday as a general strike against new austerity measures brought the country to a standstill. Lawmakers were embarking on their second day of debate on austerity measures that must be passed in votes Wednesday and Thursday if Greece’s international creditors are to release another batch of bailout funds to see it beyond the middle of next month. The package must be passed so the European Union and the International Monetary Fund (IMF) can release the next installment of Greece’s $156 billion bailout loan. Without that $17 billion installment, Greece faces the prospect of a default next month — a potentially disastrous event that could drag down European banks and hurt other financially troubled European countries. The austerity drive is hugely unpopular in Greece, and the demonstration in central Athens soon degenerated into violence. Read full story here: News New Mexico

Greeks Riot: Big Government Convenes for Vote