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Greeks protest troika visit

Thursday, September 29, 2011 - 01:52

Sept.29 - Greek civil servants tell EU and IMF inspectors to ''take your bailout and leave'' as Greece comes close to running out of cash and Greeks run out of patience with austerity. Kirsty Basset reports

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Greek civil servants occupy Greece's finance building, sending a clear message to international inspectors - they've had enough austerity. (SOUNDBITE)(Greek) YANNIS ARKADIS, REPRESENTATIVE OF THE EMPLOYEES' UNION AT THE FINANCE AND DEVELOPMENT MINISTRIES SAYING: "The political demand is that the austerity plan should be abolished and the troika should leave Greece. They support these measures that are driving us into poverty, both civil servants and private sector workers." The protest coincides with a visit by inspectors from the EU, ECB and IMF, known as the 'troika.' They will spend at least a week deciding whether Greece has introduced enough cost-cutting measures to qualify for 8 billion euros of aid. If they don't - Greece will default next month, potentially wrecking the balance sheets of many banks across Europe and unleashing a global financial crisis. The next bailout cheque is expected to be approved, despite the prospect of even more Greek anger and hardship. (SOUNDBITE) (Greek) STAMOS, PROFESSOR OF LANDSCAPE ENGINEERING SAYING: "We want them to cooperate and to take into account the pain of the Greek people. I no longer trust anyone in Greece or outside Greece." And there's been plenty of pain - a property tax was passed by parliament earlier in the week, taxi drivers continue striking over plans to make their industry more competitive and hospital workers have walked off the job over pay cuts. Many civil servants are also facing the prospect of possible redundancy in the next 12 months. As Greeks suffer, other euro zone governments face the equally difficult task of convincing their taxpayers the bailout is essential to prevent the crisis spreading even further. Kirsty Basset, Reuters.

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Greeks protest troika visit

Thursday, September 29, 2011 - 01:52