Greece government stuck between protesters and troika

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Greece government stuck between protesters and troika

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Another wave of protests has erupted in Greece as the government cannot seem to please the people or the eurozone finance ministers.

There were angry scenes in Athens on Friday as protesters threw missiles at police during the first day of another general strike – this time for 48 hours.

The coalition government thought it had made an deal with the troika of IMF and EU negotiators that would allow the release of the 130 billion euro rescue package.

However, the administration’s agreement to austerity measures that would reduce the minimum wage, pensions and cut public sector jobs is not enough.

People already fed up may have to brace themselves for even harsher austerity as the troika demand Greece find a further 325 million euros in savings.