Cuts Leads To Athens Riots As Deficit Increases
March 5, 2010
The measures are an attempt to reign in the massive debt from various financial setbacks over the last few years.
The newest proposition would see steep hikes in sales, tobacco and alcohol taxes, as well as cuts in pension funds and salary drops by as much as 8%.
The policy was being argued today in parliament, and sparked violent riots in the streets.
Youths in masks threw stones at police and guards, and tried to storm several government buildings.
This comes a day after Germany suggested Greece should sell some of its’ uninhabited islands to close the gap in funding.