Greek police on Friday fought protesters angered by tough new austerity measures, as European heavyweight Germany rebuffed suggestions cash-strapped Athens needed a financial bailout.
Strikes disrupted air and ground transport, as well as schools and hospitals, hitting economic activity hard two days after the government unveiled sweeping tax hikes and spending cuts that parliament approved on Friday.
A demonstration by several thousand protesters was marred by clashes after the head of Greece’s main union, Yiannis Panagopoulos, was beaten by unknown assailants as he delivered a speech.
PHOTO: EPA
Panagopoulos’ union, the General Confederation of Greek Workers, later said it was an “organized” attack and that some of the assailants carried the flags of a small leftist group.
Another prominent protester, 87-year-old war resistance hero and former deputy Manolis Glezos, was hospitalized with breathing problems after a riot policeman sprayed tear gas in his face.
Five people were arrested in Athens and a handful of shops and banks along with a ministry building had their front windows smashed, police said. Around a dozen protesters and police were injured, reports said.
Several dozen interior ministry staff occupied the Greek National Printing House to prevent the latest austerity measures from being published in the government gazette, police said.
Parliament meanwhile approved a third round of austerity measures aimed at reining in the country’s gaping budget deficit and restoring trust in its solvency on financial markets.
However, government hopes to secure more tangible European backing for its 4.8 billion euro (US$6.5 billion) belt-tightening package were dashed by German Chancellor Angela Merkel.
“Greece has not asked for financial assistance,” she said after talks in Berlin with Greek Prime Minister George Papandreou.
“The stability of the eurozone is assured today. As a result, the question [of aid to Greece] is not being asked ... I am even optimistic that it will not be asked,” Merkel said.
While praising the latest austerity measures, she said Greece “must do more than rein in its budget deficit,” such as modernizing its economy. Europe’s biggest economy, Germany is widely seen as the most likely candidate to help prevent a Greek default, which would be disastrous for the eurozone.
However, there is huge opposition in Germany against such a move, with angry editorials slamming alleged Greek corruption and wasteful spending.
Papandreou earlier told Germany’s Frankfurter Allgemeine newspaper he was “not asking for money” but other forms of solidarity, warning he might otherwise go to the IMF.
“We need support from the European Union and our partners to obtain credit on the markets at better conditions. If we do not receive this aid, we will not be able to enact the changes we foresee,” he said.
Greece’s credit ratings have been lowered and it must now borrow money at rates far above those of other eurozone members.
Luxembourg’s Jean-Claude Juncker, the formal head in finance matters for the 16 nations that share the euro, said Greek measures taken so far meant that Athens would not need EU aid.
“The commitments taken by the Greek government are clearly paving the way towards an exit” from its debt and deficit crisis, Juncker said.
There is however consternation in EU circles that Greece managed to amass a debt of nearly 300 billion euros despite having received major funding from Brussels for decades.
Papandreou was to travel to Paris to meet French President Nicolas Sarkozy today. He will then fly to Washington to meet US President Barack Obama.
OPTIMISTIC: A Philippine Air Force spokeswoman said the military believed the crew were safe and were hopeful that they and the jet would be recovered A Philippine Air Force FA-50 jet and its two-person crew are missing after flying in support of ground forces fighting communist rebels in the southern Mindanao region, a military official said yesterday. Philippine Air Force spokeswoman Colonel Consuelo Castillo said the jet was flying “over land” on the way to its target area when it went missing during a “tactical night operation in support of our ground troops.” While she declined to provide mission specifics, Philippine Army spokesman Colonel Louie Dema-ala confirmed that the missing FA-50 was part of a squadron sent “to provide air support” to troops fighting communist rebels in
PROBE: Last week, Romanian prosecutors launched a criminal investigation against presidential candidate Calin Georgescu accusing him of supporting fascist groups Tens of thousands of protesters gathered in Romania’s capital on Saturday in the latest anti-government demonstration by far-right groups after a top court canceled a presidential election in the EU country last year. Protesters converged in front of the government building in Bucharest, waving Romania’s tricolor flags and chanting slogans such as “down with the government” and “thieves.” Many expressed support for Calin Georgescu, who emerged as the frontrunner in December’s canceled election, and demanded they be resumed from the second round. George Simion, the leader of the far-right Alliance for the Unity of Romanians (AUR), which organized the protest,
ECONOMIC DISTORTION? The US commerce secretary’s remarks echoed Elon Musk’s arguments that spending by the government does not create value for the economy US Secretary of Commerce Howard Lutnick on Sunday said that government spending could be separated from GDP reports, in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn. “You know that governments historically have messed with GDP,” Lutnick said on Fox News Channel’s Sunday Morning Futures. “They count government spending as part of GDP. So I’m going to separate those two and make it transparent.” Doing so could potentially complicate or distort a fundamental measure of the US economy’s health. Government spending is traditionally included in the GDP because
Hundreds of people in rainbow colors gathered on Saturday in South Africa’s tourist magnet Cape Town to honor the world’s first openly gay imam, who was killed last month. Muhsin Hendricks, who ran a mosque for marginalized Muslims, was shot dead last month near the southern city of Gqeberha. “I was heartbroken. I think it’s sad especially how far we’ve come, considering how progressive South Africa has been,” attendee Keisha Jensen said. Led by motorcycle riders, the mostly young crowd walked through the streets of the coastal city, some waving placards emblazoned with Hendricks’s image and reading: “#JUSTICEFORMUHSIN.” No arrest