Greece, Europe struggle to contain its debt crisis

Greece, Europe struggle to contain its debt crisis

Protesting cab drivers burn a mock coffin, with a picture of Greek Prime Minister George Papandreou, during a protest Tuesday outside the parliament in Athens. About 5,000 taxi drivers gathered in protest, angry at government plans to open up their licensed profession to more competition. The reforms were demanded by Greece’s rescue creditors as part of an effort to cut government spending and regulatory control of the private sector. German Chancellor Angela Merkel said no single measure could ease the eurozone’s financial crisis.

Greece, Europe struggle to contain its debt crisis

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Protesting cab drivers burn a mock coffin, with a picture of Greek Prime Minister George Papandreou, during a protest Tuesday outside the parliament in Athens. About 5,000 taxi drivers gathered in protest, angry at government plans to open up their licensed profession to more competition. The reforms were demanded by Greece’s rescue creditors as part of an effort to cut government spending and regulatory control of the private sector. German Chancellor Angela Merkel said no single measure could ease the eurozone’s financial crisis.
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