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Sunday, May. 20, 2012 |  Syndicate content

Greece heads for reshuffle amid strikes, EU diktat

Page last updated at 15:00 GMT, Friday, February 10, 2012 - 20:00 EST

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AFP:

A petrol bomb explodes in front of riot police during protests in Athens today
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Greece's ruling coalition was headed for an emergency reshuffle on Friday with the country gripped by a two-day general strike and violent protests in Athens as a chaotic debt default looms closer.

The far-right LAOS party that is part of the coalition said it would not support further austerity cuts demanded by the EU, the IMF and the European Central Bank, and three of its members in government later submitted their resignations.

A government source noted that debt dissenters would be replaced but did not specify whether this would happen at a cabinet meeting expected later on Friday.

"Whoever does not agree with the government policy will be replaced," the source told AFP.

The deputy foreign minister, a socialist, has also resigned.

Greece was explicitly told by its eurozone partners this week that approval of the austerity measures is a condition for the release of further loans to Greece under a 130-billion-euro ($171-billion) bailout pending since October.

Read the whole story: AFP

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Greece-World News