Affrontements à Athènes – 23 avril 2010
Grèce : Affrontements avec la police
cctv.com
04-24-2010
En Grèce, des affrontements ont éclaté entre des manifestants et les forces de l’ordre suite à la décision du gouvernement grec de demander une aide financière auprès du FMI et de l’Union Européenne. Quelque 2500 personnes sont descendues dans les rues d’Athènes. La manifestation a été organisée pour contester la décision du Premier ministre George Papandreou de recourir au mécanisme d’aide. La police a lancé du gaz lacrimogène sur de petits groupes de manifestants qui se dirigeaient vers les bureaux de l’UE. D’autres affrontements ont éclaté dans la ville avant l’arrivée d’escadrons de police et la dispersion des manifestants. La Grèce a été malmenée par les marchés qui lui proposaient des taux d’emprunt très élevés. Le pays faisait dès lors face à une incapacité d’emprunter de l’argent pour renflouer ses caisses.

Protesters clash with police in Athens
presstv.ir
Sat, 24 Apr 2010
Demonstrators protesting the Greek government’s decision to take an aid package from the European Union and the International Monetary Fund have clashed with police in
Athens.
About 2,500 people joined a march in the Greek capital organized after Prime Minister George Papandreou announced he would ask for the activation of an EU/IMF aid mechanism meant to pull Greece out of a debt crisis shaking the eurozone.
Police fired pepper spray to disperse the crowd, and a small group of protesters tried to break through a cordon stopping the march from reaching European Union offices in Athens, a police officer, who requested anonymity, told Reuters.
Workers unions fear that more tough measures may now be imposed on the economy.
The Greek government has announced austerity measures that include public sector wage and pension freezes, tax increases, and cuts to bonuses and benefits of civil servants.

Riots follow Greek bailout request
aljazeera.net
Saturday, April 24, 2010
Greek riot police have clashed with protesters in the capital Athens demonstrating over the government’s decision to request an aid package from the European Union and International Monetary Fund (IMF).
About 2,500 people marched in the capital on Friday after George Papandreou, the Greek prime minister, asked for the activation of an $60bn EU/IMF aid mechanism aimed at pulling Greece out of a debt crisis shaking the euro zone.
Papandreou’s announcement has sparked fears among workers unions that tougher measures than those already announced for the economy may be on their way.
Labour unions are planning protests against the government’s economic austerity measures next week, as part of ongoing demonstrations since the measures were announced.
They include public sector wage and pension freezes, a public sector hiring freeze, tax increases, and cuts to bonuses and benefits of civil servants.
Massive budget deficit
Financial data published on Thursday showed a worse-than-expected budget deficit of 13.6 per cent of gross domestic product (GDP).
« The moment has come as the market has not given us breathing space, » Papandreou said on Friday.
« It is a national and pressing necessity for us to formally ask our partners for the activation of the support mechanism, which we jointly created in the European Union. »
Papandreou said the markets had not responded positively to Greece’s austerity measures that were designed to pull the country’s disastrous finances into line.
George Papaconstantinou, the Greek finance minister, said that the country expects to receive the first tranche of the $60bn (€45bn) EU/IMF aid package before May 19.
« The request for aid removes uncertainty in the markets that Greece will not have funding, » he said.
Greece’s bailout could be the largest multilateral rescue of a country ever attempted and comes after months of markets pushing Greek borrowing costs ever higher, undermining the country’s efforts to cut its €300bn debt load.
Biding time
Angela Merkel, the German Chancellor, however has said that there will be no aid for Greece until talks with the IMF are finished.
« The European Commission, the European Central Bank and the IMF would have to determine whether there is a situation whereby the stability of the euro as a whole makes it necessary to provide an aid programme for Greece, » Merkel said.
Greece has covered its funding needs for this month, albeit at a high cost, and needs to borrow less than €10bn to cover next month when an €8.5bn government bond is due.
« Greece will go out to borrow from markets when conditions are appropriate, » Papaconstantinou said, who will meet with Dominique Strauss-Kahn, the IMF chief, in Washington this weekend.
Germany is furious that Greece has been able to borrow for years at rates close to German rates by virtue of being in the euro zone, but on mis-stated data which EU authorities let pass.
Germany remains central to the rescue, since it is reluctant to allow Greece steeply concessionary rates, of around five per cent.
The bailout will need approval by all 15 of the other governments that use the euro.
‘Painful process’
Al Jazeera’s Barnaby Phillips, reporting from Athens, said it seems as if Greece has no other option.
« This has been a long, slow, painful process that has dragged on for four to five months but in the last two weeks the endgame has looked sadly inevitable.
« It is a humiliating moment for Greece, it’s a traumatic moment for a country in the euro zone, it has to take the cheaper emergency money which is on offer whether it likes it or not, » he said.
On Thursday, borrowing costs spiralled to alarming and unsustainable levels, pushing interest rates for Greek 10-year bonds to nearly nine per cent.
The spike came after after Moody’s credit agency downgraded the country’s sovereign rating and the European Union’s statistics agency Eurostat revised Greece’s budget deficit in 2009 to 13.6 per cent of GDP from 12.9 per cent, and said it could be further revised by up to 0.5 percentage points.
The level is more than four times the EU limit set for the 16 countries that use the euro, which has been badly hit by the Greek financial crisis.
Greece has insisted its target of reducing its deficit by at least four percentage points in 2010 remained unchanged.










