Wednesday, May 26, 2010

Hundreds Protest Greek Austerity Measures


Everyone's furious at Greece about its debt -- even it's own people.  It's amazing that the government allowed Greece to live in luxury for so long, allowing their deficit to skyrocket.

Now the EU and the IMF must bail out Greece or the country will default.  But along with the bailout, Greece must abide with the requests of the EU, and that is a series of austerity measures that includes a reduction in pay as much as 25%, raising  of retirement age by several years and a massive consolidation of municipalities.

I had met so many young people all around Athens who told me that they were ashamed.  Despite their degrees, they didn't have a job.  There was no hope; their country had no future.

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