Greece set for another bailout

The nation’s government is bracing itself for fresh protests, writes Anthee Carassava in Athens

4th June, 2011

Senior European officials were hammering out the final details of an extra rescue loan to Greece this weekend, as Athens’ beleaguered government braced for a tidal wave of protests precipitated by a new rash of austerity measures pledged by prime minister Georgios Papandreou in exchange for the added aid.

‘‘I expect the euro group to agree to additional financing to be provided to Greece,” said Luxembourg prime minister Jean-Claude Juncker, after exhausting talks with...

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