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Backgrounder: Major events in eurozone debt crisis

Backgrounder: Major events in eurozone debt crisis
European Union (EU) leaders are expected to endorse a plan in Brussels on Thursday to strengthen budgetary discipline and improve economic governance in the eurozone.
Read more on People’s Daily

the Global Report — May 16, 2010 — Greek citizens held a silent sit-in protest outside the parliament building in Athens this past weekend over the governments austerity plan, which foresees cuts to public spending and tax increases. The protesters were also demonstrating against the governments decision to resort to the European Union and International Monetary Fund for a financial rescue plan. Copyright the Global Report 2010 Greek Greece citizens silent protest sit-in protesters Athens government austerity plan budget cuts tax increases eu European union imf loan bailout rescue plan riots anger grows pigs Portugal italy spain Ireland Iceland piigs euro eurozone euro-zone

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