Friday, September 2, 2011

DEMONSTRATORS IN ATHENS PROTESTED THE GOVERNMENT'S AUSTERITY M EASURES THAT HAS NOT ATTAINED THE REQUIRED GOAL.


Demonstration began yesterday in Athens the capital of Greece and early morning today by two groups of demonstrators that comprised of students and railway workers to protest the government austerity measures that has not attained the intended goal for the year's end as may have been expected by both the government and the citizens. This could mean addditional eight billion euros ($8,000,000,000.00 euros) in the mounting debt crisis that will further strain, depress, or make the Greek citizens victims of the Austerity measures that has not been working well, despite all the effort that has been placed on the Greek economic recovery measures by the government. However, the privatized sectors and possibly donors may not be able to contribute the required amount as required by the European Union bank for Greece to further qualify for the European Union debt crisis rescue package that has been expanded from $123 billion euros to $780 billion euros for mostly struggling European Union economies that have been qualified for the debt allocation.

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