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The Guardian is providing ongoing live coverage of the day's events, already reporting that riot police have attempted to clear Syntagma Square, firing off toxic teargas cannisters. Some protesters have responded with molotov cocktails and petrol bombs.
"Enough is enough. They've dug our graves, shoved us in and we are waiting for the priest to read the last words," Konstantinos Balomenos, a 58-year-old worker at a water utility whose wage has been halved to 900 euros and has two unemployed sons, told Reuters.
"This austerity is making all of Europe's south rebel, the euro will be destroyed," he said.
Reuters adds:
Greece is stuck in its worst downturn since World War Two and must make at least 11.5 billion euros of cuts to satisfy the "troika" of the European Commission, European Central Bank and IMF, and secure the next tranche of a 130-billion-euro bailout.
"Agreeing to catastrophic measures means driving society to despair and the consequences as well as the protests will then be indefinite," said Yannis Panagopoulos, head of the GSEE private sector union, one of two major unions that represent about 2 million people, or half of Greece's workforce.
In Brussels, a centerpoint of debate will be around proposals by Germany that would give the EU more robust and interventionist authority over the national budgets of member countries.
"We have made good progress on strengthening fiscal discipline with the fiscal pact but we are of the opinion, and I speak for the whole German government on this, that we could go a step further by giving Europe real rights of intervention in national budgets," Merkel told the Bundestag, Germany's lower house of parliament.
Merkel's largest adversary on this point--not counting the thousands of people who have marched in the streets in Portugal, Greece, Spain, Italy, and elsewhere--is newly-elected president of France, Francois Hollande, who in an interview with European newspapers this week, argued that Merkel's push for a more centralized European system would be an erosion of democracy in the Eurozone.
# # #
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |

The Guardian is providing ongoing live coverage of the day's events, already reporting that riot police have attempted to clear Syntagma Square, firing off toxic teargas cannisters. Some protesters have responded with molotov cocktails and petrol bombs.
"Enough is enough. They've dug our graves, shoved us in and we are waiting for the priest to read the last words," Konstantinos Balomenos, a 58-year-old worker at a water utility whose wage has been halved to 900 euros and has two unemployed sons, told Reuters.
"This austerity is making all of Europe's south rebel, the euro will be destroyed," he said.
Reuters adds:
Greece is stuck in its worst downturn since World War Two and must make at least 11.5 billion euros of cuts to satisfy the "troika" of the European Commission, European Central Bank and IMF, and secure the next tranche of a 130-billion-euro bailout.
"Agreeing to catastrophic measures means driving society to despair and the consequences as well as the protests will then be indefinite," said Yannis Panagopoulos, head of the GSEE private sector union, one of two major unions that represent about 2 million people, or half of Greece's workforce.
In Brussels, a centerpoint of debate will be around proposals by Germany that would give the EU more robust and interventionist authority over the national budgets of member countries.
"We have made good progress on strengthening fiscal discipline with the fiscal pact but we are of the opinion, and I speak for the whole German government on this, that we could go a step further by giving Europe real rights of intervention in national budgets," Merkel told the Bundestag, Germany's lower house of parliament.
Merkel's largest adversary on this point--not counting the thousands of people who have marched in the streets in Portugal, Greece, Spain, Italy, and elsewhere--is newly-elected president of France, Francois Hollande, who in an interview with European newspapers this week, argued that Merkel's push for a more centralized European system would be an erosion of democracy in the Eurozone.
# # #

The Guardian is providing ongoing live coverage of the day's events, already reporting that riot police have attempted to clear Syntagma Square, firing off toxic teargas cannisters. Some protesters have responded with molotov cocktails and petrol bombs.
"Enough is enough. They've dug our graves, shoved us in and we are waiting for the priest to read the last words," Konstantinos Balomenos, a 58-year-old worker at a water utility whose wage has been halved to 900 euros and has two unemployed sons, told Reuters.
"This austerity is making all of Europe's south rebel, the euro will be destroyed," he said.
Reuters adds:
Greece is stuck in its worst downturn since World War Two and must make at least 11.5 billion euros of cuts to satisfy the "troika" of the European Commission, European Central Bank and IMF, and secure the next tranche of a 130-billion-euro bailout.
"Agreeing to catastrophic measures means driving society to despair and the consequences as well as the protests will then be indefinite," said Yannis Panagopoulos, head of the GSEE private sector union, one of two major unions that represent about 2 million people, or half of Greece's workforce.
In Brussels, a centerpoint of debate will be around proposals by Germany that would give the EU more robust and interventionist authority over the national budgets of member countries.
"We have made good progress on strengthening fiscal discipline with the fiscal pact but we are of the opinion, and I speak for the whole German government on this, that we could go a step further by giving Europe real rights of intervention in national budgets," Merkel told the Bundestag, Germany's lower house of parliament.
Merkel's largest adversary on this point--not counting the thousands of people who have marched in the streets in Portugal, Greece, Spain, Italy, and elsewhere--is newly-elected president of France, Francois Hollande, who in an interview with European newspapers this week, argued that Merkel's push for a more centralized European system would be an erosion of democracy in the Eurozone.
# # #