Wednesday, 7 November 2012

Athens is rioting again

While Angela Merkel is in London telling us we shouldn't leave the EU and cooking up the latest plan for avoiding a referendum whilst giving away as much power as possible to the EU, the Greeks are rioting once again.
The usual Syntagma Square webcam on a hotel has been taken down but there is a low quality video feed available that looks like it's being streamed off a mobile phone.
Greeks are protesting against EU-imposed austerity measures again with a vote being taken now in the Greek parliament on new crippling austerity measures which will further decimate the Greek economy and drive them further into depression.
The europhile Greek president, Antonis Samaras, says that the vote is to ensure Greece stays in the €urozone and that the alternative is to "return to the drachma and isolation".  Returning to the drachma is exactly what Greece needs - ditch the €uro for the drachma and devalue to drive up exports and domestic production.

Update:
The Greek parliament has passed the austerity bill by 153 votes to 147.
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