Anti-EU protests in Greece

Violent protests happened in Athens, where hundreds of people fought with the police. Clashes began after the demonstrators tried to cross the gendarmes and enter the building where a meeting of European Union finance ministers was taking place.

The violence came amid the growing discontent of the population. Greece faces an unemployment rate of about 27%. Recently, the Greek parliament passed the retail sector reform, which would contribute to increased market competition. The opposition argues, however, that the only result will be that of an inflation on imported goods.

The Euro zone Finance Ministers approved on Monday a new loan of €6.3 billion for Greece. Other two tranches worth €1 billion, would be granted for Athens in June and July.

Greece borrowed money in the last attempts of the World and European Financial Institutions to restore confidence in the economy of this country. The International Monetary Fund (IMF) has recently confirmed that it will continue to pay the installments for the loans made ​​by the government in Athens for a few more months.