Greek Parliament Resumes Negotiations on Savings Plan

The Greek parliament resumed the details regarding the savings program that was approved last Wednesday. However thousands of demonstrators took the streets to complaint about this program, during the demonstrations almost 150 people were wounded.

The first package of cutbacks from the Prime Minister Giorgos Papandreu might save up to 78,000 million of euro until 2015, through higher taxes and cutbacks as well as the selling of companies and real states from the Estate. The approval of this bill is essential for the country to receive help in loans and assistance from the European Union and the International Monetary Fund (IMF).

Today Athens woke up quieter after the riots in the centre of the Greek capital, however over 500 people attended hospitals due to respiratory issues. Authorities informed that the morning air was mixed with the tear gas used by the police on Wednesday. Hooded thugs roamed the streets near the Syntagma Square were they confronted the police until dawn afterwards they retreated. (AV)

Source: DPA