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Political tempers frayed over Greece bailout

Political tempers frayed over Greece bailout
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Another day of protest in Greece with people gathering outside the Labour Ministry in Athens.

Additional austerity cuts will have to be made if ministers want to finally assure the 130 billion euro bailout loan from the EU and IMF.

“It is unfair and a mistake to put an end to social support in Greece because this will end up being applied all over the European Union,” said one protester who thought making more cuts would lead to a slippery slope.

As the wranglings over the bailout loan continue, British Conservative Party leader in the European Parliament, Martin Callanan, wants a plan tp be made for Greece’s ‘orderly withdrawal’ from the single currency.

Angry at insinuations that his country might go bankrupt, 82-year-old President of Greece and Nazi resistance veteran, Karolos Papoulias, lashed out at Germany’s finance minister Wolfgang Schaeuble.

Meanwhile, with Greek citizens having to endure harsh cuts, people protesting outside NATO headquarters in Athens were angry at the idea that Greece should continue with the same level of NATO contributions, despite the country’s budget cuts.