Perilous
Times
Tens of Thousands of protesters take to Athens' streets as
Greek coalition buckles
AFP
February 11, 2012 1:09AM
GREECE'S ruling coalition reeled today amid protest violence, with
the far-right party that supports the Government rejecting tough
conditions demanded by the eurozone for a debt rescue.
As the prospect of a chaotic default reapeared over the country,
far-right leader George Karatzaferis said his deputies would not
approve a new round of wage and pension cuts heading to a
parliament vote tomorrow.
Greek unions unleashed a 48-hour strike yesterday against the new
austerity measures, which are required by the European Union and
the IMF in exchange for badly needed aid.
Clashes broke after tens of thousands of protesters took to the
streets in central Athens.
"We are not going to vote," Mr Karatzaferis, leader of the small
LAOS party, told a news conference, adding: "Humiliation was
imposed on us. I do not tolerate this. And I do not allow it, no
matter how hungry I might be."
Blasting Berlin's line on debt, Mr Karatzaferis said, "Greece must
not and cannot be outside the EU. But it can do without the German
boot."
Greece is running out of time to finalise additional budget cuts
to secure a eurozone bailout worth 130 billion euros ($161
billion).
The country risks bankruptcy on March 20 when it must repay nearly
14.5 billion euros in maturing debt, if it does not get financial
assistance.
Prime Minister Lucas Papademos summoned a cabinet meeting
yesterday as clashes erupted on the sidelines of union
demonstrations against the new cuts, which had caused a junior
labour minister to resign on Thursday.
Television footage showed youths in hoods and motorcycle helmets
breaking masonry around central Syntagma Square and throwing
stones at police, who responded with bursts of tear gas. At least
one person was injured.