Monday, February 13, 2012

Greece Riots: Have Greeks Had Enough of Austerity?

Feb 13, 2012 7:07 AM EST

After yet another push for austerity, Greeks have finally had enough, staging massive riots. Barbie Latza Nadeau on how the euro zone’s other teetering economies are taking note.

The burnt-out shells of at least 45 buildings in central Athens were still smoldering on Monday morning after a weekend of angry protests reached its apex on Sunday night in what Greek Prime Minister Luca Papademos called the worst breakdown of violence since 2008. Broken glass, chunks of marble ripped from the public squares, and empty tear-gas canisters lined the streets after an all-night battle pitted protesters against security forces who say they were outnumbered by a 5–1 ratio. Hundreds of protesters and police officers were injured and local Greek Sky television reported that at least twice, security forces ran out of tear gas.
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