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La Repubblica - Italy | Monday, December 8, 2008

The first storms of the economic crisis

The left-liberal daily La Repubblica ascribes the riots in Athens to the economic crisis, and warns of renewed violence. "The storm of riots that has convulsed Greece for the past two days is the first violent reaction in the West to the economic crisis and the inadequacy of government measures to combat it. ... The tragic episode on Saturday ... must be seen in the context of the crisis and the fears it has stoked among weaker segments of society. In addition, the explosion of violence is taking place against a background of extremely weak institutions. Kostas Karamanlis has a majority in parliament of just one vote, and has been suspected in recent months of numerous severe financial delicts. The unions have called for a general strike on December 10 to protest the steady decline of working conditions. This Wednesday could be a decisive day for Greece: the first major gale with which the economic storm has hit the West."

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