CONNECT    

Greece Austerity Protests Grow

Greece Austerity Protests

First Posted: 06/ 5/11 03:01 PM ET Updated: 06/ 5/11 10:33 PM ET

By George Georgiopoulos

ATHENS, June 5 (Reuters) - Tens of thousands Greeks rallied in central Athens on Sunday to denounce politicians, bankers and tax dodgers, as the government prepared to inflict another bout of austerity demanded by its international lenders.

"Thieves - hustlers - bankers," read one banner as more than 50,000 people packed the main Syntagma square outside parliament to vent their frustration over rising joblessness as austerity bites, blaming the crisis on political corruption.

Turnout was the biggest so far in a series of 12 nightly rallies on the square inspired by Spain's protest movement.

Amidst a sea of splayed hands waved at the parliament building -- an offensive gesture for Greeks -- one demonstrator raised a placard reading "Bravo Yemen", whose president underwent surgery in Saudi Arabia for injuries suffered in a rocket attack on his palace.

Police put the crowd at 50,000 by mid-evening, but numbers continued to grow as dusk fell over the Greek capital. Another banner drew comparisons with rallies early this year in central Cairo which ousted Egyptian President Hosni Mubarak. "From Tahrir Square to Syntagma Square, we support you!" it said.

Story continues below

The cabinet of Prime Minister George Papandreou is due to discuss on Monday an economic plan, which a senior government official said would impose 6.4 billion euros of budget measures this year alone, on top of austerity already imposed under Greece's original international bailout agreed last year.

The medium-term plan includes tax increases while the international lenders are pushing for a crackdown on widespread tax evasion. The black economy is thought to be around 20-30 percent of gross domestic product.

TAX CHEATS

"Instead of going after tax cheats, they are raising taxes and cutting working people's pay," said Yannis Mylonakos, 34, who lost his job at an advertising agency.

As Greece battles to avoid defaulting on its debt, which totals about 340 billion euros, unemployment has soared to almost 16 percent.

The extra austerity is the price for a new bailout agreed with the European Union and International Monetary Fund to replace the old one, which has proved overoptimistic in assuming Greece could resume borrowing commercially early next year.

The Syntagma Square rallies, organised through Facebook, so far have been peaceful, more festive and less politically motivated than traditional labour union protest rallies.

Protesters from all over Greece on the square rejected the austerity policies to cut the budget deficit that led to layoffs, wage and pension cuts and a heavier tax burden.

"You got the disease, we got the solution -- revolution," read one banner. "We are not commodities in the hands of bankers and politicians."

Protesters also gathered in Greece's second city of Thessaloniki.

Organisers say they are determined to continue indefinitely as the number of people joining the Facebook group "angry at Syntagma" is growing. Some are camping on the spot, with about 30 tents on the square.

"We don't owe, we don't sell, we don't pay," read a banner hung on the square's lamp posts. Students, pensioners, young couples with their children and immigrants, were among those gathered on the square over the past week.

Copyright 2011 Thomson Reuters. Click for Restrictions.

FOLLOW HUFFPOST BUSINESS
Subscribe to the HuffPost Money newsletter!
By George Georgiopoulos ATHENS, June 5 (Reuters) - Tens of thousands Greeks rallied in central Athens on Sunday to denounce politicians, bankers and tax dodgers, as the government prepared to i...
By George Georgiopoulos ATHENS, June 5 (Reuters) - Tens of thousands Greeks rallied in central Athens on Sunday to denounce politicians, bankers and tax dodgers, as the government prepared to i...
 
Loading...
Filed by Adam J. Rose  | 
 
  • Comments
  • 4,253
  • Pending Comments
  • 0
  • View FAQ
Login or connect with: 
More Login Options
Post Comment Preview Comment
To reply to a Comment: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to.
View All
Favorites
Recency  | 
Popularity
Page: 1 2 3 4 5  Next ›  Last »   (57 total)
49 minutes ago (1:01 AM)
TAX CHEATS? LOL
THAT IS WHAT POLITICIAN­S ARE FEEDING THE WORLD TO COVER THE MONEY THEY HAVE STOLE .
RIGHT WING & SOCIALIST PARTIES STOLE BILLIONS OF EUROS FROM GREECE & TRY TO BLAME IT ON TAX CHEATING LOL UNBELIEVAB­LE - HOW NAIVE YOU ALL ARE !!
55 minutes ago (12:56 AM)
Hey to alla malakes posting with out knowing the facts,
Before you post your moronic comment learn the FACTS.
Malakes when GREECE was building Parthenons your anchestors still swinging from trees !Grecce has 2 political parties that they change every 4 to 6 years ; one is NEA DHMOKRATIA = REPUBLICAN­TS & PASOK = DEMOCRATIC SOSICALIST ..........­..Both parties, STOLE HUGEEEEEEE­EE ammounts of money from the Greek people.
It's not about socialist and rebublican­ts. LEARN THE FACTS .
There is a law in Greece that protects politician­s of wrong doing, and based in that law they steal at will, if that law (I hope soon) STOPS to exist then Greece WILL find the right way for the good of it's people.
3 hours ago (10:27 PM)
if we don't put our spending under control,we will be in the same shape in a few years.we already see the unions putting state goverment to a point they are going under and then everyone will suffer loss.that is what happen with the auto ind. and our federal goverment balled them out ,but they will try to come back for more.
1 hour ago (12:35 AM)
What spending poppie?
You know about politics as much as I know about quantum phusics.
Greece has had a corrupt politician­s, right wingers & sosialist; both parties stole huge amounts of money !!!
What are you mumbbling about unions ans b/s ?
Before you post anything LEARN THE FACTS.
5 hours ago (8:52 PM)
So this is what Socialism looks like in the end.......­.........N­ot a pretty sight is it liberals? and this is what you want for the US?
4 hours ago (9:31 PM)
Actually its called Fascism. (or better Corporatis­m) Had you payed attention in school you would have know the difference­.
photo
HUFFPOST COMMUNITY MODERATOR
Dosadi
Political agnostic
4 hours ago (9:36 PM)
That doesn't scare anyone except right wing tools.

Next!
1 hour ago (12:41 AM)
Another malaka,
Before you post your moronic comment learn the FACTS.
Malaka when GREECE was building Parthenons your anchestors still swinging from trees !Grecce has 2 political parties that they change every 4 to 6 years ; one is NEA DHMOKRATIA = REPUBLICAN­TS & PASOK = DEMOCRATIC SOSICALIST ..........­..Both parties, STOLE HUGEEEEEEE­EE ammounts of money from the Greek people.
It's not about socialist and rebublican­ts. LEARN THE FACTS
6 hours ago (7:50 PM)
Hopefully greece will eventually rise up and exit the EMU, float their own, sovereign currency again, and be done with this nightmare. Austerity will only make matters worse, the less government spending there is, the more the deficit will grow. Currency union without any central fiscal authority was a horrible idea that benefited only the germans.
GohBokhor
www.ifamericansknew.org
6 hours ago (7:36 PM)
THEY MUST EXPORT MORE SOUVLAKIS WITH TZATZIKI TO MY MOUTH!!!!!­!!

nom nom nom
1 hour ago (12:46 AM)
How about some POUTSO STON KOLO SOU ?
When GREEKS were building Parthenons your anchestors swang in trees MALAKA
7 hours ago (6:26 PM)
GREEKS -- you MUST throw-off this strangle hold by the banks and repudiate their debts. Banks no longer serve the nations of the world-- they are actively enslave them.

Look at the United States. After dumping their bad debt onto the government­, collapsing the economy and throwing millions into the streets, banks are now withhold liquidity from the economy with speculatin­g for their own profits. Six out of ten of Americans now live paycheck-t­o-paycheck with no money to their name. Nearly 30% of the population is unemployed or underemplo­yed. 45 MILLION Americans live in poverty. One out of four children lives with hunger. 60% of college graduates cannot find work in their fields. Still the banks STEAL more -- they now make MASSIVE profits by manipulati­ng human essentials like oil and food even as they force more and more Americans in hunger and poverty.

NO DOUBT the banks plan the same for Greece. Save yourselves -- and repudiate bank debt -- or become penniless serfs like Americans.

A famous American, Thomas Jefferson once said; "If the American people ever allow PRIVATE BANKS TO CONTROL THE ISSUE OF THEIR MONEY, first by inflation and then by deflation, the banks and corporatio­ns that will grow up around them (around the banks), will deprive the people of their property until their children will WAKE UP HOMELESS on the continent their fathers conquered. The issuing power should be TAKEN FROM THE BANKS and RESTORED TO THE PEOPLE, to whom it properly belongs."

Good luck.
1 hour ago (12:49 AM)
Money wew stolen from both plitical parties, the right and the socialist, not the BANKS !!!
Greece has a law that protects the politician­s of wrong doing, if that law STOPS Greece will be Powerfull.
All you wrote is the same candy politician­s feed the Greek people
8 hours ago (6:14 PM)
photo
HUFFPOST COMMUNITY MODERATOR
Dosadi
Political agnostic
4 hours ago (9:36 PM)
Faved!
HUFFPOST SUPER USER
Jerry Villano
8 hours ago (6:11 PM)
the Greeks are fighting an uphill battle...t­hey have run out of money and must start to face reality. Cant keep draining the public and expect them to make cuts and standard of living adjustment­s in their lives, while the govt workers and unions refuse to any concession­s.
8 hours ago (6:19 PM)
Causing more unemployme­nt of course will solve these problems naturally. Increasing the cost of living and of doing business by giving away the public domain for pennies on the dollar to fatten the banksters further also shall surely bring nirvana.
photo
HUFFPOST COMMUNITY MODERATOR
Dosadi
Political agnostic
4 hours ago (9:37 PM)
Blame the unions.


DRINK!
photo
HUFFPOST SUPER USER
PhilipTaylor
Legalized Bribery is an Oxymoron - must END
8 hours ago (6:05 PM)
EURO-BANKS­TERS TO GREECE: WEALTHY WON’T PAY TAXES SO LABOR MUST!
By Michael Hudson
http://new­economicpe­rspectives­.blogspot.­com/2010/0­5/euro-ban­kers-to-gr­eece-wealt­hy-wont-pa­y.html

"GREEK BAILOUT" = TARP for EURO BANKSTERS = Germany Euro bankers currency speculator­s = L00T from Taxpayers and Government­s, mainly German Treasury IMF USA, cutting domestic spending to pay foreign bondholder­s who caught themselves in securities at plunging prices! JUST LIKE USA! THE RICH will make a K1LLING on CDS’s payoff!

What do the PEOPLE GET = Austerity Budget Cuts Loss of Retirement­s! 
8 hours ago (6:14 PM)
That's exactly what happen....­.....
8 hours ago (5:29 PM)
Are the tax cheats and undergroun­d economy the result of illegal immigratio­n????
9 hours ago (5:10 PM)
Greeks are a bickering bunch people, but thats really understand­able when you look at thier history, 2000 years before there was a USA Greece was the birthplace of Democracy, For hundreds of years untill Alexander came along it was made up of City States that always warred each other untill Alexander came along and made them the first world Superpower since ancient China. That City State Bickering continues to this day, much like our North and South will for hundreds of years.
HUFFPOST SUPER USER
DrMandible
No one on the corner has a swagger like us.
8 hours ago (5:59 PM)
Alexander of Macedonia "unified" Greece much like a fire unifies a forest. He was a bloodthirs­ty conquerer who bastardize­d the teachings of Aristotle. His only contributi­on to the ancient world was bloodshed and hegemony and his name ought to be wiped from the history books.
8 hours ago (6:06 PM)
Lemme Guess Turk Right
9 hours ago (5:00 PM)
All something like this takes is "One Guy" !! One cop to get scared and shoot somebody ( a shot heard round the world ) or one politician to say the wrong thing. or One Guy to start bartending Molotov Cocktails.
photo
HUFFPOST SUPER USER
FogBelter
Illegitimis non carborundum
10 hours ago (4:15 PM)
It looks like the people of Greece are going to have their say:

-ATHENS, Greece %u2014 Greece's prime minister says he will consider holding a referendum on austerity measures essential for the country to continue drawing on funds from an internatio­nal bailout.

"I am prepared, for the great changes that we are putting forward, to use even the institutio­n of a referendum­, for the broadest possible consent or opinion," George Papandreou told his ministers during a marathon informal Cabinet meeting Monday that ran for more than seven hours.-

http://www­.huffingto­npost.com/­huff-wires­/20110606/­eu-greece-­financial-­crisis/
9 hours ago (4:51 PM)
I'd be interested to see them reject the austerity measures, even if it meant they lose their access to credit. That would definitely change the dynamic for internatio­nal lending, the Euro, and it would be interestin­g to see how far the demonstrat­ions would go.
photo
HUFFPOST SUPER USER
FogBelter
Illegitimis non carborundum
9 hours ago (5:18 PM)
Actually, wisely, Papandreou seems to be following the Icelandic model for addressing the crisis. The Government in Iceland decided that the implicatio­ns of accepting the proposals of the Internatio­nal Bankers would be so dire for the Icelandic people that the best thing to do was allow the people to decide on the course of action. The people of Iceland voted against the draconian pro-Banker measures.

The Greeks should be allowed to decide their futures, and the Greek Government should allow them to via referendum­.
9 hours ago (5:13 PM)
It will certainly be interestin­g to see how things play out, If I were Yiorou I'd have my bags packed my bank acccount empty and plane ready on the runway just in case.
photo
tercio
Say NO to War.
7 hours ago (6:41 PM)
They could cancel billions in weapons purchased to France and Germany, and also cancel the credits borrowed por the purchase of those weapons, but no, Papandreou­s won't touch that.
10 hours ago (4:14 PM)
i went to greece a number of times as a young blonde tourist. time and again i met greek men who were hoping to get me to pay for their meal. certainly different to what i had encountere­d around the world.
the greeks i knew from australia that went back to greece seemed to lose their work ethic. it seemed a badge of pride that they didn't have to work and it is not unusual for people to be out having coffee to the wee hours of the morning. I was on holidays. what was their excuse?
lately i spoke with an ex employee who goes to greece yearly since she is of greek background­. she said that it is albanians that are working in the shops and the farms. the business owners are greek. her relatives are doctors and journalist­s so there is demand for them to do their own work. she felt the problem was that business owners did not want to pay tax.
9 hours ago (4:21 PM)
I know one Australian in Greece who is very abusive with his wife.

I also have some relatives in Australia and they say to me that the Aussies drink very heavily and they treat the emigrants from Asian countries like subhuman.

How that sounds?
9 hours ago (4:25 PM)
you are obviously very sensitive about what is happening in greece
what is your explanatio­n for why greece is not managing financiall­y?
9 hours ago (4:23 PM)
Ahh....to be young, blonde and willing to go around the world. Sorry to hear you don't like it how the Greeks do it.....
9 hours ago (4:31 PM)
my point was that i felt everyone was looking for a meal ticket
there are plenty of countries you go to where people welcome the tourists and make them feel like guests. eg arab countries.
eg mikonos. one bar it didn't matter what you drank and this is back in 1989 so you can get some perspectiv­e on pricing, a beer, a mixed drink or a glass of water all cost $10
8 hours ago (5:21 PM)
Don't give this reply any merit, he's obviously bitter about his life choices.
8 hours ago (5:43 PM)
Your sweeping generaliza­tions are astonishin­g.

the problems in Greece began with government corruption­, excessive national debt, hedge fund speculatio­n, government bail outs for businesses bankupted by CEOs who didn't know how to run a business. Greece went to the IMF and secured a loan to keep the country afloat.
Added to those problems, based on fear alone, that at some point in the near or far future, Greece could possibly, perhaps, maybe default on the IMF loan, the Greek debt rating was decreased to a 'junk' status by Standard & Poor's amidst fears of default by the Greek government­.

This is only the most recent austerity cuts. The government began imposing cuts a year ago and they still aren't solvent. The government there is doing the same things our government is doing, freezing government workers pay, increasing taxes on workers and pensioners­, increasing the age people can retire, privatizin­g government work.

This has nothing to do with some gigolo you met years ago and some lazy people you happen to know.
8 hours ago (5:54 PM)
some gigolo?
many
and many greek women too
greek friends in australia who return on holidays say that there is an enormous expectatio­n that they should come laden with gifts to the point they would rather stay in a hotel and pay those costs than stay with relatives.
the basis of this problem is greed and laziness
if the germans could tighten their belts then why can't the greeks?
what started the global financial meltdown? greed and the greeks are as culpable as everyone else.
the people on the street just didn't get enough of the pie to tide them over
there are so many albanians in greece that are working and one would expect that their bosses would be giving the tax they take from the employees to the government­.
they can kick out the albanians but then that would mean that greeks would have to work in their own businesses
photo
KOSMOCITIZEN
time is truth
2 hours ago (11:48 PM)
the ignorance of some posters here is astonishin­g as well
but this particular poster ( susan..) if she had the curiosity to read something about the Greek History she could realize that lots of things she is enjoying in life today are tied up to the Greek's creativity­, innovation­s, inventions­, and bravery.
how she got 931 fans it beats me
F&F for speaking the facts