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    Greece surveys riots damage after austerity vote

    ATHENS, Greece (AP) — Firefighters doused smoldering buildings and cleanup crews swept rubble from the streets of central Athens on Monday following a night of rioting during which lawmakers approved harsh new austerity measures demanded by bailout creditors to save the nation from bankruptcy.

    Rioters destroyed or seriously damaged 93 buildings, the Athens municipality said, while police said at least 45 were burned. They included nine listed as national heritage buildings, mostly in the neoclassical style, while dozens of stores and cafes were smashed and looted.

    Smoke still rose from the gutted remains of an 1870 building which had housed one of the capital's most loved cinemas, the Attikon, since 1916.

    "Criminals targeted all that was best in the city of Athens, its neoclassical monuments," said Thanassis Davakis, the Conservatives' cultural policy chief. "The damage must be swiftly redressed and the city's memory restored."

    The stench of tear gas still hung in the air on Monday morning, choking passers-by, while traffic lights at many major intersections were out after being smashed. The municipality said cleanup crews had gathered an estimated 40 tons of broken marble and rocks from the streets of the center, while railings, drainage covers and paving stones from sidewalks also suffered extensive damage.

    More than 170 people were hurt in the rioting which also broke out in other Greek cities. Authorities said 106 police needed medical care after being injured by gasoline bombs, rocks and other objects hurled at them, while at least 70 protesters were also hospitalized.

    Police arrested at least 74 people and detained a further 92, while in several cases they had to escort fire crews to burning buildings after protesters prevented access.

    Athens Traders' Association head Panaghis Karellas demanded the dismissal of Public Order Minister Christos Papoutsis, and said afflicted shopowners should receive state compensation.

    "Once again, those in positions of responsibility, even though they should have been prepared, were unable to fulfill their duty and secure the well-being of citizens and visitors, cultural landmarks and historic buildings, public and private property and our country's international image," the association said in a statement.

    The ESEE national commerce confederation said at least 40 shops were burnt or badly damaged.

    "Most will most likely never open again," an ESEE statement said. "The center of the capital looks as if it has been bombed."

    The rioting began Sunday afternoon after more than 100,000 protesters marched to the parliament ahead of a vote on drastic austerity measures that include axing one in five civil service jobs over the next three years and slashing the minimum wage by more than a fifth.

    Lawmakers approved the bill in a 199-74 vote, to the relief of investors who pushed the Athens stock index up 4.7 percent.

    The vote was crucial for the country to secure euro130 billion ($172 billion) in new rescue loans and avoid a potentially catastrophic default next month — bankruptcy could push Greece out of Europe's euro currency union, drag down other troubled eurozone countries and further roil global markets.

    The new bailout deal, which has not yet been finalized, will be combined with a massive bond swap deal to write off half the country's privately held debt, reducing Greece's debt load by about euro100 billion.

    However, it could take time before the country receives any of the cash. For both deals to materialize, Greece has to persuade deeply skeptical creditors it has the will to implement spending cuts and public sector reforms that will end years of fiscal profligacy and tame gaping budget deficits.

    Eurozone finance ministers meet on Wednesday to discuss the issue, after refusing to approve the plan during a meeting last week, saying Athens had to first approve the new austerity measures.

    But German Finance Ministry spokeswoman Marianne Kothe said the ministers will not make a final decision on the second aid package Wednesday. She said the bond swap agreement must be finalized first, and the ministers will focus on measures "necessary for the second Greek package."

    Before signing off on the bailout, the eurozone ministers also want Greek political leaders to commit in writing to uphold the austerity plan even after the general election in April. Government spokesman Pantelis Kapsis said the written guarantees are needed by Wednesday.

    Although the bill passed the Parliamentary vote, there was strong dissent among the majority Socialists and rival Conservatives who make up Greece's interim coalition government. The Socialists and Conservatives expelled the 22 and 21 lawmakers respectively, reducing their majority in the 300-member parliament from 236 to 193.

    Germany gave the vote result a cautious welcome, with Foreign Minister Guido Westerwelle describing it as "a first significant step along the right road."

    "However, the actual difficult work with implementing the reforms that have been agreed on is only just starting now," he said. "That is the decisive precondition for Germany and the other euro partners being able to stand by Greece with a further rescue package."

    The new austerity comes after two years of deep spending cuts and repeated tax hikes that have sent unemployment soaring to more than 20 percent and left the country struggling through a fifth year of recession.

    Those measures were taken in return for a first, euro110 billion ($145 billion) package of rescue loans, but despite the cutbacks, Greece repeatedly failed to meet its targets in reducing its debt and deficit and increasing economic competitiveness.

    ____

    Geir Moulson and Juergen Baetz in Berlin and Nicholas Paphitis in Athens contributed to this report.

     
    • Thomas  •  3 mths ago
      To all the people in the world, never trust your government to take care of you .... Take care of yourself anyway you can .... Any decision you make to the contrary is wrong and destructive .... It's your family, not the governments - Your only either it's cash cow or slop hog, WAKE UP !!!
    • Buckwheat  •  3 mths ago
      This is only the warm-up ... Colossal World Depression on its' way !!!
      • D. N 3 mths ago
        Especially if Obama gets re-elected. He'll finish wrecking the American economy and military and the rest of the world will crash economically as a result.
    • michael  •  Phoenix, Arizona  •  3 mths ago
      Shoot all rioters that are putting people and businesses in harms way and then this will stop. Otherwise, be politically correct and pay the price..........
      • Dr. Sir 3 mths ago
        Typical Arizona #$%$ answer. You make America look stupid. You are the reason America and You, look stupid. That comes from love, love of my heart to you. :-))
    • Soft  •  3 mths ago
      OK I have what will be seen as a stupid question, but I am serious in asking it. Why can't everyone say ok...enough..no one owes anyone anything anymore, lets start over and no more lending to otherr countries? What would happen? I mean everyone is already broke, and no one has money to pay anyone back....so....can't we say lets start over and forget the past? I know stupid question, but does anyone have a serious answer? And in english please I am not an economist
      • timt 3 mths ago
        They can't pay their bills that is why. Okay say that happened, well they still don't collect enough money to pay all the public sector workers and benifits to the people that they have promised. So this is why they borrowed money in the first place.
      • Stavros 3 mths ago
        Germany was forgiven ALL of its debts three times in the last century, but now the German banks are demanding their pound of flesh from the Greeks at 36% interest. How quickly some people forget.
      • Soft 3 mths ago
        ok Timt...I think I get what you are saying...it's like say...susan owes me 50 dollars, and I plan on paying my cable bill with that 50.00, but if she does not pay me back, i in turn can not pay my cable bill, resulting in the cable being turned off, and that non payment then shorts the cable company who uses my 50.00 to pay their bills, so they can't pay for services they owe and the company they owe can't pay the company THEY owe, and so one down the line....i get it. wow so complicated, how can this all be fixed. Where is all the money? Who has it?
    • dgrubb67526  •  Wichita, Kansas  •  3 mths ago
      lol, Just love that ole saying, It ain't over till its over. Passed, not passed it makes no differance. Loan payment still won't be paid. The people will see to that. Additionally with the cuts, it also reduces the amount which can be produced by that country. The sprial downwards continues. That Arab spring is hitting the world. Freedom come in many forms. This time it is big money wishes vs the little mans wishes. My money is on the lil man.
      • othergroutman 3 mths ago
        It's the money. It takes any real value out of the trade of goods and services. If I say it costs more all I'm doing is getting more money. If I had to hold out for a physical item or service I would have to wait until my trade partner was able to bring more to the transaction. Money itself is the root of all these problems. It's only money that you can lend, not cheese, not haircuts, so now the world finds itself tied to debt, monitary debt, for generations. All because of the free flow of money, a soon to be worthless piece of paper, or numbers deminished by inflation.
        Will you be taking gold for your next paycheck?
        Will Mitt buddie be the man to handle it? Or Obstructoboy? Maybe Warren can get extra for his billions and save us all.
    • D. N  •  3 mths ago
      The "Handout Mentality" at its best. The spoiled little brats just don't get it that there is NO more money. Coming soon to America near you - especially if Obama gets re-elected..
    • Rogue  •  Flagstaff, Arizona  •  3 mths ago
      And here is a shining example of a socialist progressive government and it's inevitable demise.
    • Rogue  •  Flagstaff, Arizona  •  3 mths ago
      In a news conference today 0bama announced he will be making an emergency trip to Greece to offer his leadership during this crisis. He will be bringing much needed gasoline and tires.
    • Roy & Ruby  •  Cottonwood, Arizona  •  3 mths ago
      why are they burning there country down? That just seems dumm.
    • none  •  Anchorage, Alaska  •  3 mths ago
      The so-called ''rioting'' was the co'ordinated mayhem of the proverbial "International Socialist Workers "Party".(( and not your everyday Greeks )) ..Like the parasitics they are, they're out fan embers into conflagrations in an ill hope to re'enact the Commie-Nazi arisen delusions of the past Stalinist/Hitlerite/Jihadist psycho-bullshitters-on-acid..
    • termlimitsNOW  •  Detroit, Michigan  •  3 mths ago
      This is what's heading our way folks! We are broke and continue to spend what we don't have!
    • G.O.  •  Ventura, California  •  3 mths ago
      Democracy originated in Greece and it means Rule of the People.
    • john  •  3 mths ago
      So these anarchists decide that they are with the eurozone ministers and inflict more pain on the already opressed Greek people. These hooligans should do some hard time in prison, something like at least 5 years.
    • CHRIS  •  Altoona, Pennsylvania  •  3 mths ago
      "Criminals targeted all that was best in the city of Athens..."
      The legislators brought the country on it's knee and blame others.
      A view of world crisses on display.!
    • old guy  •  3 mths ago
      Living high off the hog has big disadvantages. Labor unions take the most and yell the loudest when their gravy train ends.
    • GORT  •  Newark, New Jersey  •  3 mths ago
      Welcome to a glimpse of the US in 2018 if Obama gets another term. The future president will have to either have people who already pay taxes pay at least 70% of their income to keep the US afloat or cut the programs and handouts. Today 45% of the US population receives a check from the goverment. How long can this go on?
    • Ron  •  3 mths ago
      The world stock markets don't care if Greece burns, only if the debt game continues uninterrupted.
    • trekatch  •  3 mths ago
      So they put how many of their fellow citizens out of work? Not to mention the loss in tourism dollars. Its like cutting their own throats...
    • willr  •  3 mths ago
      Take the funds to rebuild out of the pension funds. Americas future.
    • CLIVE  •  Anatoli, Greece  •  3 mths ago
      The Goldman Sachs employees running countries now were not elected, the MPs who voted against the measures and now evicted however were?
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