Greece Riots as EU Nears Agreement on Bail-Out

Protesters stormed the office of the Greek Finance Minister to vent their anger at the austerity measures the government is imposing to address the nation’s debt crisis. EU Commission Chief Jose Manuel Barroso told a news conference that he is “confident” talks underway to arrive at a bailout package for Greece, will be approved in time to meet the May 19th deadline. The Greek government says it needs emergency funding to cover debt payments due on the 19th of more than $10 billion.

“I’m confident that the talks will be concluded soon, meaning in the next days,” Mr Barroso told a news conference following the clashes.

“We believe that these solutions will be conducive to our actions and will prevent further possible effects of the contagion.”

Source: BBC News

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