Thursday, May 06, 2010

riots in Greece

Greece is facing social unrest as the people get more frustrated with the government and this could change the way society work throughout Europe. The government faced riots as large groups of people attacked government building and security forces killing workers at a bank which caught fire during the riot.

Greek is facing a financial crisis and the timing of the social unrest could not be worse as the financial situation only adds to the frustration of the people.

“This really represents a game change in what’s happening in Greece, Greeks and the rest of the world will ask, ‘Why on earth are you firebombing your own?’” said Jens Bastian of the Hellenic Foundation for European and Foreign Policy in Athens.

“I think Greece will rise up against these people, because now the conversation isn’t about austerity measures, but about a murderous rampage against innocent people,” Bastian added.

The strike for the paralysis for public transportation saw a large part of the city gather for the protest. The crowd was ddressed in black, mostly the youth, with masks, helmets and other tools. The crowd tried to take their protests into the Parliament shouting “thieves, thieves.” The crowd attackedsecurity personel and were stopped with tear gas by the police.

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Stock markets around the world took a beating today due to fears about Greece’s latest financial and credit woes. The Dow Jones Industrial Average plummeted roughly 1,000 points and snapped back; other financial indicators are shaky, as well.

As riots explode in Greece, pictures and videos are flying around the social web, shared from news sources and folks on the ground. The images and videos we’re seeing are nothing short of otherworldly and terrifying. Riot police don gas masks, violent protesters take over the streets, gun shots ring out and open flames burn in the streets.

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