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Greece's economic downturn 'substantially worse than forecast' - live [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-11 09:20 AM
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Greece's economic downturn 'substantially worse than forecast' - live
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http://www.guardian.co.uk/business/blog/2011/oct/20/eu-crisis-emergency-talks

3.05 pm: The word from Athens is that, following violent clashes between rival groups of protesters (anarchists and communist party unionists), the streets are calmer.

There has again been heavy use of teargas and stun grenades, with the 'boom' of explosions echoing around the city, according to reports from the scene.

Theodora Oikonomides (who we interviewed yesterday) says ambulances have been arriving to pick up some of the wounded.

2.42pm: Afternoon all. Quick peek at the financial markets first. Wall Street has just opened for trading -- despite the gloomy news coming out of Europe today, the Dow Jones is up 27 points at 11,531.

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