austerity measures

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Greek riot police facing anti-austerity demonstrators (George Laoutaris/Flickr)

Greece’s austerity measures create volatile social climate

By Theodora Oikonomides The austerity measures adopted by the Greek government are meant to prevent it from defaulting on its national debt. Instead, they are bringing the middle class to its knees even as the poor become increasingly desperate. With approximately 20 percent of the population unemployed, a loss of faith in democracy and rapidly…

By +972 Magazine October 4, 2011