Friday, March 5, 2010

Clashes in Athens as Greek PM seeks EU debt help

Masked youths attacked the leader of Greece's biggest union and stoned police in Athens Friday in an outbreak of violence over cutbacks proposed by Prime Minister George Papandreou, who was abroad seeking European leaders' support for his efforts to defuse the country's debt crisis.

Maintain the status quo is a function of maintaining social order. History suggests that things such as abrupt, assymmetrical austerity measures, devaluation, taxation without representation, etc. tend to elicit responses.

Source: finance.yahoo.com

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