Greeks must protest at austerity package

Several media have reported that the Greek government plans to make its creditors an offer to exchange their old government bonds for new ones in a bid to secure a new rescue package from the EU and IMF. The Greeks must once again demonstrate against further austerity measures, the left-leaning daily Avgi urges: "The decisions that will be made in the next few days in a swift and undemocratic process will have an impact on the future of entire generations. Involving the private sector in the planned debt restructuring and the second rescue package from the EU and IMF will drive Greece even further into recession and turn it into a state with limited sovereignty. ... It's time the citizens of Greece returned to the streets. If the country now stages demonstrations like those of last June the political class that has always supported these rescue packages would be defeated. The political carnival would come to an end, and the blackmailing would be ineffectual."

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More from the press review on the subject » EU Policy, » Fiscal Policy, » Social movements, » Greece, » Europe
Who's saying what » Greece in dire straits

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