Rioters Set Fire to 45 Buildings in Athens Austerity Protest
This article is for subscribers only.
Rioters set fire to as many as 45 buildings during violent street protests against government austerity measures in central Athens late yesterday and overnight, Greek police said.
Prime Minister Lucas Papademos won parliamentary approval early today for the spending cuts needed to secure an international bailout of 130 billion euros ($172 billion). The measures equal about 7 percent of gross domestic product over three years and include a debt swap that would shave 100 billion euros off more than 200 billion euros of privately held debt. Greece was granted its first aid package of 110 billion euros in May 2010.