*BREAKING NEWS* Greece Financial Crisis
Breaking news on the Greece financial crisis! Check out this video too – www.youtube.com Greek Prime Minister Lucas Papademos told members of his government they must back deeper budget cuts needed to prevent financial collapse or quit, as political dissension threatened to unwind the country’s second bailout. Papademos said failure to secure the 130 billion-euro (1 billion) rescue package that’s under negotiation threatened 11 million Greeks with a default that would halt the payment of wages and pensions and shut down schools, hospitals and businesses. He spoke after five ministers resigned in two hours and protesters clashed with police in Athens. “Some say default would be preferable,” Papademos told a Cabinet meeting in Athens this evening, according to an e-mailed transcript from his office. “They are woefully mistaken. What is of the essence right now is to do whatever we can to approve the new plan and let the loan accord proceed.” Concerns the bailout might unravel mounted after euro-area finance ministers yesterday kept back approval of Greece’s austerity measures, one of the Greek governing coalition parties pushed back against German demands for deeper cuts, and police used tear gas to counter demonstrators in the capital. Papademos met his ministers to discuss the bill detailing the measures, amounting to 7 percent of gross domestic product to 2014, which will be put to a parliamentary vote this weekend. The Cabinet gathered after one minister and three …
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even more population fury thn from last year
This is what happens when big banks take over your government and country. These rich powerbrokers are ruthless and the whole system is insane.
Applause for the Greeks! Fuck the European Union! Greetings from Polish, we are with you!
this is very sad
i think that this will also affect the other countries who are full of credits and debts
This is what happens when socialism runs out of other peoples money.
This video is misleading…
Greek people are WIMPS. Just pay for damn taxes you pathetic whining babies
LONG LIVE THE EU
@RonPaulNo are you fucking stupid or what
LONG LIVE THE GREEK´S..!!!
Show the bureaucrats who invented democracy
Foreign people who has a problem with their money being used on this, should criticise the people behind this, and those who made the decisions that will make it spread abroad.
Greek’s is the victims, and they are being punished?!?
Support from Denmark
Now if the lazy, dummied down, American did this back in 09 the U.S. would be in a real recovery by now.
PEOPLE OF GREECE!
GERMANY HAS DECLARED WAR ON YOUR NATION!
TAKE TO ARMS AND DEFEND YOURSELF!
OTHERWISE THE REST OF US ARE NEXT!
Where are all the Spartans?
Shouldn’t you be defending your country?
@hawkermustang
that is part of the reason, but more to this than just socialism.
nazis as fallen ,now here come zionist ,NAtional ZIonisme
The German people are scum of the world.
This whole Greece issue is nothing compared to what trouble the US is going through. Look at our $16 trillion debt. Also, with tensions rising in Syria, the so called ‘GREECE Headline’ is to mask the real financial and political terror happening. Of course, all this happens in election year. It really says a lot.
I don’t understand why the citizens of greece punish the policemen who are in the same bag? How is this going to end?
@marchal12 its because the police are protecting the bank cartels and corrupt politicians..sad that their(police) are to dumb to see that
Greece fell yesterday by the crows…The crows we call politicians…
I did my best..I protested.Tear gas disabled me many times but i kept going.In the end the police surrounded us and broke as apart.They unleashed policemen in civilian clothes to start violent actions so that the police could throw tear gas on US.We are in war with our own goverment.
Your counties are next.The banks will invade and take your homes.Rich want to become richer…Dont fail.
WAKE UP PEOPLE.THIS IS WAR.
The wealth of Greece is the target.They just want to make us economic slaves and exploit all the minerals we have,oil and the gas.Just do a research on the internet and you will understand what I’m talking about.It’s time for people to wake up.All around the world to fight for their rights.Yesterday I couldn’t breath.But I stayed there till very late in the night to protest.The media said that we were 30k.But I promise you we were more than 500k.Close the tv.Use the web.
PEOPLE OF GREECE SERBIA IS WITH YOU!!!
Greeks will have to get jobs now