Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts

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?

Wednesday, January 11, 2012

Greek Children Dumped in the Streets by Parents

Due to the mounting financial problems and austerity measures taken by the Greek government, parents who can no longer afford to take care of their children are dumping them in the streets.

A four-year-old child, Anna, was found by a teacher clutching a note that simply read: "I will not be coming to pick up Anna today because I cannot afford to look after her. Please take good care of her. Sorry."

Anna is just one of the youngsters who have been abandoned by their parents who are struggling to make ends meet.

In addition to the children being abandoned, the country is running out of medicine. Pharmacists stated that the country had almost run out of aspirin.