Uncertain times for Greece

After a day of violent protest against a new wave of austerity measures, Greeks are unsure that a fresh government will resolve the county's problems.

By REUTERS
June 16, 2011 16:55
1 minute read.
Greeks protests austerity measures

Greek protests June 2011 311 R. (photo credit: REUTERS)

 
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Thousands of Greeks gathered in Syntagma Square on Wednesday to protest a new wave of austerity measures, which ended with masked youths attacking the finance ministry.

Beleaguered Greek prime minister George Papandreou has now announced he will form a new government to resolve the country's dire economic problems.

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In the square this morning there were mixed reactions to the news.

"Definitely he is making an effort. The question for us is whether there will be any result, whether he will succeed in his efforts," said a Greek protester named Nikos, in reaction to his prime minister's statement.

Another protester, Amalia Stinga, added, "He is afraid. He is not making the effort he needs to make. I have the impression that unfortunately he is afraid, or else, he should have done a lot of things by now. He should have done a lot of things a year ago."

Athens is teetering on the brink of default as it struggles to meet terms to win a second bailout from the EU and International Monetary Fund.

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Senior European Union officials now say it is unlikely the country's second bailout will be agreed by Monday, as originally planned.

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