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Yesterday:General Strike! Greek people reject Austerity

The impending fire sale of historic treasures of the people of Greece to pay the billionaires bar bill at Club Euro has infuriated a broad cross section of the Greek people. People from as far away as the outer isles of Greece are converging at Syntagma square in front of the Greek Parliament to protest tomorrow and Wednesday.


The Greek government's plans to surrender the Palace of Corfu (Image: tourist's photo in public domain) to German bankers has infuriated the well to do as well as the working class.

Spiros Avramiotis. a local olive oil producer is furious at the idea of losing one of Corfu’s prime locations and angrily stated. “We have to stand up and send a message to the politicians in Athens that Corfu is not for sale, not one inch of it. Full stop.” He added, “Greece may be on the verge of bankruptcy, but surely it’s not a good idea to sell off the family silver,” a belief that is held by a great number of citizens in Greece. Behind Spiros Avramiotis stands hoardes of islanders who are preparing to join mainland workers in protests against the government in their bid to raise €50 billion from the auctioning of state assets. The Palace is one of several state-owned properties said to be up for sale. Other locations are beaches, casinos, airports and marinas around Greece.
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Greek general strike and austerity debate - Tuesday 28 June

Here's a summary of events today:

• Tens of thousands of Greeks have taken to the streets to voice their opposition to a new wave of austerity measures which will be subject to a vote in parliament on Wednesday and Thursday. A two-day strike called by unions began today. Transport, schools and other services as well as many private businesses were shut as a result of the strike called by ADEDY, the union representing half a million civil servants and GSEE, which represents 2 million private sector workers. Hundreds of flights have been cancelled or rescheduled and protesters have blockaded the port of Piraeus.

• A minority of protesters were involved in running battles with the police. Many of them wore crash helmets or bandanas over their faces. They brandished wooden staves, hurled missiles including bricks and molotov cocktails and started fires. Two communications trucks were set on fire and shops were vandalised. The troublemakers, believed to consist mainly of anarchists, also threw smoke grenades and firecrackers. Police fired rounds of teargas leaving the air in central Athens acrid. Police said 18 people were detained, with formal arrest charges laid against five of them, and that four policemen were injured and transferred to a military hospital. There were reports of dozens of people being treated for the effects of teargas in Syntagma Square, which has been the focal point of the protests.MORE



Showdown in Greece: Interview with Panos Petrou



THE MEDIA analysis of the crisis in Greece claims the same thing that we hear in this country--that working people have been living beyond their means, and now they have to sacrifice. Is this really the source of the crisis?

THIS CLAIM is a total inversion of reality. During the recent past, the economy was booming, and gross domestic product was growing. But working people, the ones who created this wealth, have been living in a state of constant austerity since 1985--with governments implementing one austerity plan after another, while capitalists keep the whole pie for themselves.

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Greece: Is the media part of the problem?


As Greece battles economic collapse, protests in the country have been getting louder, bigger and more heated. Greeks on the streets have been demonstrating against the squeeze on their wages and pensions, but the media covering those protests have found some hostility directed at them as well.

The protesters accuse the media of stereotyping them, of being voices of the economic and financial elite and not reflecting the reality of the Greek worker. In our News Divide this week, we look at the Greek protests and how the media covered them.See awesome video which won't allow me to embed at the source



DEBTOCRACY: Causes of Greece's debt crisis and solutions, hidden by the government and the dominant media [full length documentary]


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The struggle in the squares

Greece's Prime Minister George Papandreou and his PASOK party government survived a June 21 confidence vote in parliament, but he will face continued mass protests as he pushes for yet more devastating austerity measures.

Greece is in the grips of a desperate economic crisis. The government has needed massive bailouts engineered by the European Union and International Monetary Fund, but they have come with the demand that the government slash spending, cut the wages and benefits of workers, and privatize public enterprises.

But a new mass movement has arisen to give voice to the anger of the mass of the population. Following the example of youth and workers in Spain--and before that, the Egyptian revolutionaries of Tahrir Square--the Greek "aganaktismenoi" ("indignants") have occupied public squares. On June 27 and 28, the so-called "movement of the squares" will demonstrate alongside the labor movement during a 48-hour general strike called as parliament is set to vote on yet more cutbacks.

Panos Petrou, a member of the socialist group Internationalist Workers Left (DEA) and a participant in the occupation in Athens' Syntagma Square, explains how this powerful new movement developed.

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the_future_modernes: a yellow train making a turn on a bridge (Default)
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via: [personal profile] ginny_t Democracy vs Mythology: The Battle in Syntagma Square



I have never been more desperate to explain and more hopeful for your understanding of any single fact than this: The protests in Greece concern all of you directly.

What is going on in Athens at the moment is resistance against an invasion; an invasion as brutal as that against Poland in 1939. The invading army wears suits instead of uniforms and holds laptops instead of guns, but make no mistake – the attack on our sovereignty is as violent and thorough. Private wealth interests are dictating policy to a sovereign nation, which is expressly and directly against its national interest. Ignore it at your peril. Say to yourselves, if you wish, that perhaps it will stop there. That perhaps the bailiffs will not go after the Portugal and Ireland next. And then Spain and the UK. But it is already beginning to happen. This is why you cannot afford to ignore these events.

The powers that be have suggested that there is plenty to sell. Josef Schlarmann, a senior member of Angela Merkel’s party, recently made the helpful suggestion that we should sell some of our islands to private buyers in order to pay the interest on these loans, which have been forced on us to stabilise financial institutions and a failed currency experiment. (Of course, it is not a coincidence that recent studies have shown immense reserves of natural gas under the Aegean sea).

China has waded in, because it holds vast currency reserves and more than a third are in Euros. Sites of historical interest like the Acropolis could be made private. If we do not as we are told, the explicit threat is that foreign and more responsible politicians will do it by force. Let’s make the Parthenon and the ancient Agora a Disney park, where badly paid locals dress like Plato or Socrates and play out the fantasies of the rich.MORE
the_future_modernes: a yellow train making a turn on a bridge (Default)
[personal profile] the_future_modernes
Inside Story: Greece protests at austerity measures


Inside Story with presenter Teymoor Nabili discusses with guests: Vagelis Agapitos, independent economist; Yanis Varoufakis, professor of economics at the University of Athens; and Fotis Boblas, an activist and protester.


The Economy of Greece (Wikipedia)

Analysis: In Greece, it's all about 'solidarity'

Solidarity is probably a word that you would not associate with Greece following the events of the past few days.

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Millions strike in Greece over austerity plans

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June 13 The crisis in Greece intensifies

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June 16 Greece reaches the brink: Eric Ruder explains the issues underlying the massive protests shaking Greece.

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the_future_modernes: a yellow train making a turn on a bridge (Default)
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Whats going on:
Greek protests turn deadly


Why'd that happen?

Teh short version

The longer version

Continuing fallout of the crisis

Europe's days of anxiety

The fear that haunts Europe's leaders is contagion. Axel Weber, a member of the European Central Bank's governing council, said today there is a serious threat of Greece's problems spilling over and spreading to other parts of the eurozone. The head of the IMF, Dominique Strauss-Kahn, also indicated there was a risk of the crisis spreading. In early trading the euro was down again.

So what are the dangers in the days and weeks ahead?

Firstly, although Greece now has enough funds to stave off default, fears remain that further down the road it will have to restructure its debt.

The bigger question is whether the Greek government will fully implement the austerity measures it has agreed in exchange for being bailed out.

Despite the sound and fury on the streets of Athens it is unclear what a majority of Greeks feel. A couple of days ago I spoke to the head of the civil service union, Adedy, which is striking today. The union's argument was not with the bail-out; it was with the terms of the rescue. The unions are aggrieved they were not consulted and what they are after is a reworking of the terms and conditions.

The Greek government, however, has very little room for manoeuvre. Any indication that it was retreating from the deal it has signed would set off alarm signals, particularly in Germany. Austerity is the price for the German billions being loaned. MORE


Greek protesters urged to retreat from 'abyss'

Greece is "on the brink of the abyss", President Karolos Papoulias has warned, after three people died during protests over planned austerity measures.

"We are all responsible so that it does not take the step into the void," the president said in a statement.

It followed a day of violence during which protesters set fire to a bank, killing three employees.

Greece's government has vowed to pursue the spending cuts - a condition of its 110bn euro ($142bn; £95bn) bail-out.

"We are prepared to pay the heavy political cost," Finance Minister George Papaconstantinou told parliament during Wednesday's debate on the bill.

"We will not take a single step backwards."

The euro hit a fresh 13-month low against the dollar and European stock markets were also hit, amid concerns over Greek bail-out plans. MORE


We will continue to watch developments, and hope that it works out with as little damage as can be managed at this point.

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