Tuesday, May 1, 2012

Thousands protest austerity measures in Greek May Day rallies - Dow Jones

ATHENS (Dow Jones)--Several thousand Greeks protesting austerity measures that have pushed their country deep into recession marched through the streets of Athens on Tuesday, just days before national elections that are shaping up as a de facto referendum on those cutbacks.

The demonstration was one of many taking place across Europe on May Day, a holiday in many countries for celebrations and protests for workers. This year it is serving as a rallying cry against the harsh diet of spending cuts and tax increases prescribed for the region's debt woes.

The demonstrators, drawn from labor groups and leftist organizations, carried ...

ATHENS (Dow Jones)--Several thousand Greeks protesting austerity measures that have pushed their country deep into recession marched through the streets of Athens on Tuesday, just days before national elections that are shaping up as a de facto referendum on those cutbacks.

The demonstration was one of many taking place across Europe on May Day, a holiday in many countries for celebrations and protests for workers. This year it is serving as a rallying cry against the harsh diet of spending cuts and tax increases prescribed for the region's debt woes.

The demonstrators, drawn from labor groups and leftist organizations, carried ...

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