AVE MARIA - by Helene Fischer - video ~ link
Greek Parliament passes latest austerity vote ~ link ~ The Greek parliament just passed the latest proposed austerity plan with a majority voting Yes. Judging by the reaction of the EURUSD, which experienced a modest 40 pip short covering squeeze in the last few minutes, one would imagine that today's Greek vote outcome is surprising. It isn't: after all, all Greece has done is promise to do something it won't do in hope it can get another bailout package, this time amounting to €210 billion (of which its people will pocket a de minimis 19%). As we said earlier: "The only real questions are i) what the Greek population may do in response to this latest selling out of a population "led" by an unelected banker, which if history is any precedent, the answer is not much, and ii) how Germany will subvert this latest event, and put the bail [sic] back in Greece's court once again." Sure enough, to paraphrase what we said before, the question now is what the popular Greek response will be having learned its politicians sold it out yet again, which will likely be nothing much, as it is 1 am local time, and as everyone knows revolutions in heavily socialist countries only start between 9 am and 5 pm, with a 2 hour break for siesta.
Violence flairs up in Greek protests ~ link ~
More than 80,000 angry protesters had on Sunday gathered outside the parliament’s building in the capital as officials debated whether to approve more austerity cuts to unlock a new EUR-130-billion bailout package from the troika of the European Union, the European Central Bank, and the International Monetary Fund.
Authorities had earlier in the day dispatched more than 6,000 police officers to the city to stop any escalation of the violence. The riots, however, spread across central Athens during the evening after the police began using teargas and stun grenades against the protesters, who responded by throwing petrol bombs.
Athens By Night - photo ~ link ~ One hell of a photo...you have got to see this! Stirling
Athens Parliament - video ~ link
Greece passes new austerity deal amid rioting ~ link