Wednesday, April 4, 2012

Greek Tragedy

Thousands of protesters gathered in Athens' Syntagma square after a cash-strapped Greek pensioner shot and killed himself today, saying he refused to scrounge for food in the rubbish. The public suicide of the 77-year-old retired pharmacist triggered an outpouring of sympathy in a country where one in five is jobless and a sense of national humiliation has accompanied successive rounds of salary and pension cuts.    http://online.wsj.com/article/BT-CO-20120404-711634.html 
Spot where Greek retiree committed suicide/Yorkgos Karahalis

See following link for up-to-date news on the continuing Eurozone crisis:
http://www.guardian.co.uk/business/2012/apr/04/eurozone-crisis-spain-bond-sale

 ....and will Spain (with increased borrowing costs, decreased demand, treacherously high unemployment) be the next Greece?
http://www.reuters.com/article/2012/04/04/markets-bonds-idUSL6E8F4BPU20120404

Madrid by night. Photograph: GUARDIAN/Corbis


 

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