UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Merkel: Greece has made progress on debt

|
 
German Chancellor Angela Merkel. UPI/Brian Kersey
German Chancellor Angela Merkel. UPI/Brian Kersey 
License photo
Published: Oct. 9, 2012 at 3:38 PM

ATHENS, Greece, Oct. 9 (UPI) -- Chancellor Angela Merkel said Tuesday Germany and Greece will work "closely together" to solve the Greek debt crisis, as tens of thousands protested in Athens.

Merkel and Greek Prime Minister Antonis Samaras spoke with reporters as demonstrators protested Merkel's generally hard line on austerity measures following the International Monetary Fund and the European Union bailout of Greece.

The protests were peaceful for the most part, although riot police at one point fired tear gas in Syntagma Square, in front of the Parliament building, ekathimerini.com reported Tuesday.

Merkel acknowledged many people are suffering during a "very difficult phase" but said Greece has made progress in lowering its deficit and passing reforms, CNN reported.

"It's for this reason that I would like to say that a huge part of the journey has already been accomplished," Merkel said.

"Germany and Greece are going to work very closely together," she said.

Samaras' coalition government is required under terms of the bailout to cut the national budget by 11.5 billion euros ($14.49 billion) to trigger another bailout payment this month.

Greek President Karolos Papoulias said the Greek people "have nearly exhausted how much they can take," CNN reported.

"And of course we need to think of measures that will give hope to these people that are suffering."

Papoulis told Merkel steps must promote economic growth and spur hiring for women and younger workers, CNN said.

A spokesman for a labor union that helped organize the protests put the number of participants at 80,000.

At the demonstration, hooded youths could be seen breaking chunks of rock from the pavement to hurl at police, and another group of protesters attempted to break through a metal barricade near Parliament, ekathimerini said.

Topics: Angela Merkel
Recommended Stories
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional World News Stories
1 of 14
The 2013 Billboard Music Awards
View Caption
Singer Miley Cyrus arrives at the 2013 Billboard Music Awards held at the MGM Grand Hotel in Las Vegas, Nevada on May 19, 2013. UPI/Jim Ruymen
fark
Having to calm down the teller is sign No. 1 that your bank robbery is going badly
Chicken and ale theft. It's your Mugshot Roundup in the 1870s
The twelve most significant moments in the history of pizza. Missing from the list: the advent of...
The pope goes to Church to catch up on sleep, just like every other Catholic
Pro tip: If you're going to butt-dial someone, make sure it's not 9-1-1 while you are breaking into...
Photo of monster sized hailstones that fell out of the sky in Oklahoma City today