Thousands of angry Greek workers marched to parliament on Tuesday to protest against austerity, waving banners reading “EU, IMF out!” as Athens’ lenders arrived for talks in a race against the clock to avert a bankruptcy.
A team of EU, IMF and ECB officials start combing through Athens’ books on Tuesday as part of efforts to put together a 130-billion-euro rescue package the country needs, together with the debt swap deal, to stay afloat.
But ordinary Greeks, who have been hit hard by tax hikes and spending cuts which were part of a first bailout agreed in 2010, fear more austerity and wage cuts with the second bailout and say they cannot take more belt-tightening.