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Greeks march in anti-austerity protest

Monday, November 17, 2014 - 01:41

Tens of thousands have marched in an anti-austerity protest in Athens to mark the anniversary of a bloody student revolt in 1973. As Amy Pollock reports the economy may be showing signs of improvement but anger over reforms remains a threat to stability.

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Every year thousands of Greeks remember the anniversary of a tragic protest. Scores of students were killed when the army opened fire in 1973. They'd been protesting against the military dictatorship which ran the country. Forty one years on they're still protesting about their government. The reasons are different but the anger still intense. (SOUNDBITE)(Greek) GREEK CITIZEN ASPASIA PAPADAKI SAYING: "The slogans are still the same today - then it was about "education, bread, and freedom". Today its autocracy, austerity, and freedom. It's just as relevant today, maybe even more relevant." (SOUNDBITE)(Greek) GREEK CITIZEN STAVROS SAYING: "Our lives are composed of three words, struggle, struggle, and more struggle. They don't want us to demand our rights, But what rights anyway? They have taken them all away." Greece is no longer in recession - it's seen three consecutive quarters of growth and hopes to exit its bailout next year. But after six years of tough austerity it still has plenty of problems to deal with. Rabobank's Jane Foley says the political situation is a worry. (SOUNDBITE) (English) SENIOR FX STRATEGIST AT RABOBANK, JANE FOLEY, SAYING; "It is quite possible that if there was an early election, we would have the far left get leadership and that really could see Greece being led by a political party whose aims were totally against those of EMU and that of course is potentially a big challenge for Greece and EMU next year." There's no let up in the economic pressure on many Greeks A new property tax has been introduced and Greece still has the highest rate of unemployment in the euro zone. A strong tourist season has helped - growth rates in the third quarter were better than anywhere else in the euro zone. But with the threat of yet more austerity measures - Greeks have had enough

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Greeks march in anti-austerity protest

Monday, November 17, 2014 - 01:41