SUMMARY
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Violent protests erupted in Athens, Greece as tens of thousands of protestors clashed with police. They were linked to a 24 hour strikes called by the country’s two giant unions, the first test for the government from opposition to its cutbacks. They coincided with antiausterity protests in Madrid, Spain – both triggered by uncertainty and fear of new measures and budget cuts. The twin-protests affected markets, first in Europe where the Euro Stoxx 50 index went down 2.7%. Sentiment spread and weighed down other markets as well.
Read more on the Wall Street Journal.
Read more on the Wall Street Journal.
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