Wednesday, September 26, 2012

Protests And Riots Breakout In Spain And Greece Over Austerity Measures



European Markets Jolted Amid Protests in Greece and Spain -- New York Times

ATHENS — After a period of relative calm, European markets shuddered once again on Wednesday as protests erupted across Greece and demonstrators surrounded the Spanish Parliament for a second day to protest the austerity program of Prime Minister Mariano Rajoy.

Earlier this month, the European Central Bank announced its intention to buy unlimited quantities of debt from European nations, including the troubled economies of southern Europe. That kept the peace in the financial markets until Wednesday, when political instability spooked investors, with the Spanish stock market dropping 3.9 percent and even the German DAX falling by 2 percent. The interest rate on the 10-year Spanish bond, which had been declining, inched closer to the ominous 6 percent level.

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More News On Wednesday's Protests And riots In Spain And Greece

Anti-austerity protests erupt in Greece and Spain -- Financial Post/Reuters
Protests against budget cuts in Spain, Greece rock world markets -- USA Today
Anti-Austerity Protests Reignite on Streets of Greece and Spain
-- PBS Newshour
Greek workers strike; Spanish protests growing -- American Thinker
Exclusive: IMF, EU clash over Greece's bailout prospects -- Reuters
Athens descends into violence as 200,000 march against austerity -- The Guardian
Greece protests turn violent during general strike -- The Telegraph
Rage against austerity: Protesters in gas masks, helmets clash with Greek police -- NBC
Greek anti-austerity protesters clash with police in Athens -- L.A. Times
Thousands protest austerity measures in Greece -- CNN
Athens clashes as Greek police fire tear gas - -BBC
Spain's crisis flares again as AAA club scuppers bank rescue deal -- The Telegraph
Spain: rubber bullets fired at violent anti-austerity protest -- The Telegraph
Photos Of The Giant Protests Rocking Greece And Spain -- Business Insider

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