Greece in austerity vote as the rioting continues
Greece’s lawmakers yesterday approved the key austerity bill needed to avert default next month, despite a second day of rioting on the streets of Athens that left dozens injured.
The passage of the bill was a decisive step for the country to get the next batch of bailout loans from international creditors.
A Greek default could potentially trigger a banking crisis, particularly in Europe.
The bill to cut spending and raise taxes has provoked widespread outrage, coming after a year of cuts that saw public sector salaries and pensions slashed and unemployment rising above 16 percent.
While deputies voted, stun grenades echoed across the square outside the Parliament building and acrid clouds of tear gas hung in the streets.
Emergency services said 26 police and 15 protesters were injured and taken to hospital.