Hard times


THREE people died last week in Athens as protesters threw a Molotov cocktail into a bank during last week’s general strike. Elsewhere riot police used teargas as demonstrators tried to storm the parliament.  The UK, Spain, Portugal and Italy – all with huge deficits – should beware: spending cuts and higher taxes balance books but turns consensus upside down.

THREE people died last week in Athens as protesters threw a Molotov cocktail into a bank during last week’s general strike. Elsewhere riot police used teargas as demonstrators tried to storm the parliament.  The UK, Spain, Portugal and Italy – all with huge deficits – should beware: spending cuts and higher taxes balance books but turns consensus upside down.

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