Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Riyadh Metro to begin partial operations next Wednesday: Report    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Al Qadsiah hands Al Nassr their first defeat in the Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Downing Street indicates Netanyahu faces arrest if he enters UK    London's Gatwick airport reopens terminal after bomb scare evacuation    Civil Defense warns of thunderstorms across Saudi Arabia until Tuesday    Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Slovak president meets Saudi delegation to bolster trade and investment ties    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Sixth foreign tourist dies of suspected methanol poisoning in Laos    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Several thousand rally in Athens against austerity
Published in Saudi Press Agency on 21 - 06 - 2015

Thousands of people rallied in front of parliament in Athens on Sunday, urging Greek Prime Minister Alexis Tsipras to resist pressure from international creditors to accept more austerity in exchange for unlocking billions of euros in bailout funds, according to Reuters.
The demonstration by supporters of Tsipras's ruling Syriza party and others opposed to the euro, was the second anti-euro rally in a week in central Athens and came a day before a vital summit meeting in Brussels to try to break the deadlock that has left Greece on the brink of default.
Singing, waving Greek flags and banners with slogans such as "No to the euro", "The People will not be blackmailed" and "The country's not for sale", several thousand people filled the street in front of parliament.
"They want to humiliate us, why else do they insist on all these measures? We will not tolerate it any more," said 65-year-old former teacher Yiota Kananakari.
With speculation over Greece's future in the euro intensifying, a counter-rally urging the country to remain in the single currency was held last week, with another scheduled to be held on Monday.
Like the earlier anti-austerity and pro-euro rallies over the past week, Sunday's demonstration was far smaller than the mass protests of tens of thousands that have filled Syntagma Square in central Athens at other points during the crisis.
Opinion polls show broad support for Greece remaining in the euro, but there has also been deep resentment at the cuts to pensions and wages imposed on Greece during years of recession that have left an unemployment rate of more than 25 percent.
"The people have said no to the measures and the lenders must understand this, they must listen to us," said 65-year-old pensioner Fotis Mavroudis. "How can someone get by on 400 euros ($450) month, with all these taxes, with all the bills we have to pay?"
After a weekend spent with close aides working out Greece's proposals to lenders, Tsipras is due to meet the heads of the European Commission, the European Central Bank and International Monetary Fund, the main creditors, before a broader meeting of euro zone leaders on Monday.
Officials say he is ready to make concessions in some areas but has resisted cuts to pensions that the lenders have demanded to shore up Greece's battered public finances.
Greece needs a deal to unlock bailout funds frozen during months of wrangling before a June 30 deadline when a 1.6 billion euro payment to the IMF falls due. If it fails to meet that payment, it risks losing ECB support that its banking system relies on to continue operating.


Clic here to read the story from its source.