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February 19th, 2012 
FAKE NEWS for the Zionist agenda The Sunday rally was the latest in a wave of strikes and protests gripping the country after parliament passed new austerity measures needed to secure a EUR 130 billion bailout package from the European Union and the International Monetary Fund.
The latest measures include 300 million euros in pension cuts and a 22 percent reduction in minimum wages from about 750 euros a month.
Greece’s private and public sector unions have rejected the measures saying they are “unacceptable demands” as they violate workers’ rights and collective agreements.
Several hundred riot police were also on guard for the latest protest after demonstrations last Sunday ended with looting and torching of buildings in central Athens.
Eurozone finance ministers will meet on Monday in Brussels to finalize the bailout in a deal which they hope will also quell suggestions that Athens could be pushed out of the euro currency bloc.
The deal is vital for the Greece’s coalition government led by Prime Minister Lucas Papademos to pay off a 14.5 billion euros bond redemption payment on March 20 or become the first country in the 13-year history of the euro to default. It would also write off 100 billion euros of Greece’s debt.
Greece has the highest debt burden in proportion to the size of its economy in the 17-nation eurozone. Despite austerity cuts and the bailout funds, the country has been in recession since 2009.
PG/JR/HGH
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