BREAKING NEWS

Thousands march in Frankfurt against austerity measures

By REUTERS

MAY 19, 2012 16:39

FRANKFURT - At least 20,000 demonstrators marched through Frankfurt on Saturday in a peaceful protest against austerity measures implemented to tackle the intensifying euro zone debt crisis.

Police closed off main roads in the center of Frankfurt and set up check points on highways around the city as part of a heavy security operation to protect Germany's financial capital.

The protesters are angry at the misery they say governments are inflicting on people with their response to the crisis, which has intensified since inconclusive elections in Greece this month fueled concerns about its future in the euro zone.

"We're protesting against the Europe-wide policy of impoverishment by the troika," said a spokeswoman for the 'Blockupy' anti-capitalist movement, who put the number of protesters at 25,000. Police said there were 20,000.

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