Chaos erupts in Greece, sending stock markets into a tailspin
Posted May 6, 2010 6:26 pm.
This article is more than 5 years old.
The violence in Greece flared up almost as quickly as the markets plunged.
Major protests broke out again in Athens as Greek legislators approved a crucial cost-cutting bill.
It will allow the government to access $140 billion in bailout loans from other European countries as well as the International Monetary Fund.
It’s been a scene of police, tear gas, and out-of-control crowds throughout the streets of Athens
The clashes erupted at the end of a main protest that drew tens of thousands of people.
The violence was quickly contained though, and no injuries are reported; this comes just a day after similar protests that left three people dead.
Greek law-makers have gone ahead and approved the austerity measures despite the protests – saying without them, the country would be thrown into the deepest recession it has ever known.
