Discussion of the bailout in Parliament on 11 February 2012

By @IrateGreek

The second bailout agreement between Greece and its international lenders was discussed in the Financial Affairs Committee of parliament on 11 February, one day before it was voted upon in the plenary session of parliament. Below is the intervention of E.Panaritis, MP for the governing party PASOK, during the discussion. Mrs Panaritis voted in favour of all provisions of the bill.

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Greece: the morning after PSI in international media

By @IrateGreek

Wall Street Journal
Greece defaults, and Tries to Move On, by Charles Forelle

"The biggest immediate benefit to Greece is that its problems are put off until another day. It has a €14.5 billion bond due March 20, and it doesn't have money to pay it. That bond in its entirety has been forced into the swap, and Greece's first principal payment on it will now be in 2023."

Guardian
Greek deal is not the end of the story by any means, by Larry Elliot
"This, then, was a triumph for Greece but only in the way that Dunkirk was for Britain."

LIVE BLOG on anti-austerity protests: Feb 10-11 & 12

By @inflammatory_ 

FEB 12 TIMELINE

01:00 Recap of the day's main events 

"Greece en rage", might be an accurate description of what happened today.

• Several preventive detentions in Athens took place before even the demo starts. 
• Massive turnout as expected.The crowd was dispersed very early though, around 17:30-18:00 when tensions aroused on the front side of the demo and riot police officers started hurling teargas to repel demonstrators on the lower side of the square.
• The demo was split, but protesters remained en masse in the nearby roads, to avoid clouds of tear gas filling the air...which was literally unbearable. With sheer determination they attempted to get back on the spot but riot squad tactics were aimed at halting the demo. This cat-and-mouse chase kept for 3,5 hours.
• There were reports by journalists of policemen attacking on random people, protesting peacefully.
• Paul Mason, the BBC correspondent was attacked by a bunch of far right protesters as they thought he was German. The worst was prevented thanks to other people's intervention.
• Clashes spread across the city, with banks and retail outlets set on fire. Estimated number of arsoned buildings at 10  45.
• 100 people suffered injuries, while 74 have been arrested and 92 detained.
• In Thessaloniki 28.000 people demonstrated (including PAME members) and clashes broke out between protesters and riot police as well.



Feb 12, 2012 Demonstrators flooding the streets outside the parliament before clashes pic @Jaquou Utopie