Loukanikos — the word means sausage in Greek — has showed up for numerous demonstrations in Athens over the last few years. Here are some photos taken of him. More…
According to the Wall Street Journal, the financial markets, Greece’s bedgraggled bonds are getting wacked as Eurocrats continue to bicker over how to rescue Greece once more. The cost to insure against a Greek debt default has also risen to fresh records. It now costs $1.725 million a year to insure $10 million of Greek debt, according to data provider Markit.
An estimated 20,000 protestors took to the streets in uproar over the market. Description in the Occupied London blog:
People were trampled over tents, gassed like ants, fainting all over. By the time that the Delta motorcycle police tried to come into play, people had learnt the rules of the game — and they pushed them off. Twelve hours of nearly uninterrupted beating, tear-gassing, running, fighting.