THE leaders of Greece's power-sharing government on have agreed
on most of the cost-cutting measures for the next two years, in line
with demands set by the troika of foreign lenders, the chief of a junior
coalition member said.
“We reached an agreement on the main
points. There are still some outstanding issues. We are going to seek
for a four-year extension [of the Greek fiscal adjustment program], said
Democratic Left leader Fotis Kouvelis after the meeting. Prime Minister Antonis Samaras of conservative New Democracy party was also meeting with PASOK leader Evangelos Venizelos.
Finance
Minister Yannis Stournaras, who was present at the meeting of the three
leaders, described the agreement as a “basis for strong negotiation”
with the country's creditors.
Stournaras said the proposed
measures will first have to be approved by the troika envoys, expected
in Athens during the weekend, before they are voted upon in Parliament. The cuts are essential if Greece is to continue receiving funds from international emergency loans.
The
meeting came a day after tens of thousands of demonstrators took to the
streets of the capital in protest at the anticipated cuts. It was not clear whether a new leaders' meeting will take place.
Tens of thousands of protestors shouting "enough is enough" took
part in trade union rallies and marches organised in central Athens on
Wednesday, as part of a 24-hour nationwide strike in protest against a
new package of austerity measures.
The main protest was called by the General Confederation of Greek
Labour (GSEE) and the civil servants' union federation ADEDY. Pame, the
Communist Party-backed trade union, organised its own protest.
Estimates of the size of protest marches varied greatly between
organisers and police, with the former claiming over 100,000 took part
and the latter estimating participation to have been in the region of
50,000.
The march went as far as Syntagma Square, where a delegation from
the trade unions presented a resolution outlining the demands of
Wednesday's nationwide general strike to parliament. There were more clashes with police by a small group, who threw petrol bombs at the police, and these were the images shown on tv around the world. While the majority of the rally was peaceful, and one can understand their reasons for the really, the clashes were mainly at the end of the day, but nonetheless pictures that nobody wants to see.