Protestors clash with police in Athens over spending cuts
September 27 , 2012
Greek police fired tear gas to disperse protestors throwing petrol bombs near parliament in Athens on Wednesday.
Dozens of demonstrators were arrested during the rally against planned spending cuts of $15 billion.
The protests were the first union-led action since a conservative-led coalition came to power in June.
The cuts are a pre-condition to Greece receiving its next instalment of bailout funds, without which the country would be bankrupt within weeks.
Greece requires the next payment of $39.6 billion in order for it to continue servicing its debts. . A default could lead to the country leaving the euro zone.
Greece was given a $138 billion package in May 2010 followed by a further $163 billion package in October 2011 as well as a $126 billion debt write-off.