Greece Carves Deeper as Stunned Protesters March

November 11, 2012 from Al Jazeera English

Get ready for more angry Athens protests. The Greek parliament has passed a new round of harsh austerity measures in a bid for a new handout from the Eurozone. The measures include shaving $13.5 billion over the next two years, raising the retirement age from 65 to 67, and slashing pensions by as much as 15 percent.

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Parliament of Greece

The Hellenic Parliament, is the Parliament of Greece, located in the Parliament House, overlooking Syntagma Square in Athens, Greece. The Parliament is the supreme democratic institution that represents the citizens through an elected body of Members of Parliament. It is a uni... Explore this topic

Austerity

In economics, austerity describes policies used by governments to reduce budget deficits during adverse economic conditions. These policies can include spending cuts, tax increases, or a mixture of the two. Austerity policies may be attempts to demonstrate governments' liquidi... Explore this topic

Athens

Athens is the capital and largest city of Greece. Athens dominates the Attica region and is one of the world's oldest cities, with its recorded history spanning around 3,400 years. Classical Athens was a powerful city-state. A centre for the arts, learning and philosophy, home... Explore this topic

Anti-austerity protests

Anti-austerity protests, chiefly taking the form of massive street protests by those affected by them and some of them also involving a greater or lesser degree of militancy, have happened regularly across various countries, especially on the European continent, since the onse... Explore this topic

Economy of Greece

The economy of Greece is the 32nd or 37th largest in the world at $312 or $309 billion by nominal gross domestic product or purchasing power parity respectively, according to World Bank statistics for the fiscal year 2009–2010. Additionally, Greece is the 15th largest economy ... Explore this topic

Eurozone

The eurozone, officially called the euro area, is an economic and monetary union of 17 European Union member states that have adopted the euro as their common currency and sole legal tender. The eurozone currently consists of Austria, Belgium, Cyprus, Estonia, Finland, France,... Explore this topic

Greece

Greece, officially the Hellenic Republic, is a country in Southeast Europe. According to the 2011 census, Greece's population is around 11 million. Athens is the nation's capital and largest city, its urban area also including Piraeus. Greece is strategically located at the cr... Explore this topic

European Union

الاتحاد الأوروبي هو جمعية دولية للدول الأوروبية يضم 27 دولة، تأسس بناء على اتفاقية معروفة باسم معاهدة ماسترخت الموقعة عام 1992 م، ولكن العديد من أفكاره موجودة منذ خمسينات القرن الماضي. من أهم مبادئ الاتحاد الأوروبي نقل صلاحيات الدول القومية إلى المؤسسات الدولية الأوروبية. لكن ... Explore this topic

Angela Merkel

Angela Merkel is the current Chancellor of Germany and the head of the political party CDU in Germany. In addition to being the first female German Chanchellor, she is also considered by Forbes magazine to be the most powerful woman in the world. Explore this topic

Germany

Germany, officially the Federal Republic of Germany, is a federal parliamentary republic in western-central Europe. The country consists of 16 states, and its capital and largest city is Berlin. Germany covers an area of 357,021 square kilometres and has a largely temperate se... Explore this topic

Also See

Parliament of Greece

Austerity

Athens

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