Greece in aus­ter­ity vote as the ri­ot­ing con­tin­ues

Shanghai Daily - - FRONT PAGE -

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.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.