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Wednesday, November 30, 2011

Markets& Masses wait for Merkel to blink

"We're entering a period of severe social unrest," said Vassilis Xenakis, a leading member of a union representing about 750,000 civil servants. "They must realize the pain permeating society. Austerity is ripping through the social fabric of the country."......


"...angry citizens are thronging Europe's streets to put politicians on notice of their intent to fight the harsh austerity measures that the markets and international finance officials have demanded. Governments or leaders of six European countries have fallen within the last year because of the debt crisis."


In Europe debt crisis, markets and masses wait for Merkel to blink - latimes.com