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Greek backsliding sparks euro exit talks

Thursday, September 08, 2011 - 01:50

Sept.8 - Germany warns that Greece it won't be possible to give Greece more aid unless it complies with austerity measures as people in Athens once more take to the streets in protest. Penny Tweedie reports

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Greece - and another day of strikes and chaos in Athens . This time doctors at public hospitals took to the streets in protest at the government's vow to speed up economic reforms. The reforms include sweeping changes to the health system with hospitals closed and doctors wages cut . Dr Ilias Sioras said the austerity programme would hurt everyone. (SOUNDBITE)(Greek) DOCTOR AND UNION REPRESENTATIVE ILIAS SIORAS, SAYING: "The health minister is an obedient servant of those offering aid and the austerity program and if these measures are implemented people will suffer, not just us doctors." Across the city and still in the busy tourist season taxi drivers had walked out, parking their cars all over central streets in protest. But such activity was getting a dim reception in Germany. German Finance Minister Wolfgang Schaeuble, told the lower house of parliament that Greece couldn't be helped unless the Greek people accepted the cuts. (SOUNDBITE) (German) GERMAN FINANCE MINISTER, WOLFGANG SCHAEUBLE, SAYING: "The situation is serious in Greece. At the moment the aid mission is suspended. There can be no illusions here. Until this mission can confirm that Greece has fulfilled the conditions, the next aid instalment cannot be paid. There is no wiggle room here. This is in the contracts and in our law. Everyone must know this. That's why we are in a serious situation." And for the first time a senior German politician has suggested publicly that Greece might eventually be forced to leave the single currency. Sources say he was expressing what many lawmakers and ministers in Germany had been whispering for weeks. . But in Greece workers were gearing up for a large demonstration on Saturday as the government vowed to move faster on reforms. Penny Tweedie , Reuters.

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Greek backsliding sparks euro exit talks

Thursday, September 08, 2011 - 01:50