Friday, May 7, 2010

New clashes as Greece OKs austerity bill

Subject: txt intl mny -
Athens, Greece - Protesters clashed with police outside Greece's parliament on Thursday after lawmakers passed a new austerity bill that will secure vital loan aid for the near-bankrupt country. Riot police in Athens fired tear gas to drive off stone-throwing youths.

Tens of thousands took to the streets, a day after extensive rioting marred a protest during a nationwide general strike against the new cutbacks. Lawmakers approved the austerity bill in a 172-121 vote allowing Greece to tap into euro110 billion ($140 billion) in bailout loans...

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