Sunday, February 12, 2012

Athens Ablaze as Greek Parliament Approves Austerity Bill

Cafes, movie theaters, shops and banks in central Athens were set afire by masked protesters as the Greek parliament passed the widely unpopular austerity bill in order to get a second EU/IMF bailout. The goal is simple. The Greek government is looking to stop the meltdown our their economy and avoid a national bankruptcy.

The question that remains on the minds of financial analysts around the world is very simple. Will this be enough?

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