There is still resistance of the Greek austerity plan_Steel News_News

despite Greece's new cabinet won a parliamentary vote of confidence, but the vote that night, more than 20World Steel Pipe ,000 people held protests before the Greek Parliament. They hold high the banners, shouting slogans, expressed dissatisfaction with the government to implement more aggressively tightening policy. At the same time, the Greek people have recently begun to withdraw all deposits in the bank, it seems to occur for the Greek sovereign default and may eventually lead to the possibility of the country's banks suffered a run in preparation.

heard that the Greek government is planning to sell billions of dollars worth of state-owned assets, including airports, highways, state-owned enterprises, banks, real estate and gambling license in order to meet the requirements for financing international creditors . Some analysts have said that Greece's new cabinet by a vote of confidence and fiscal austerity program is very different, the new cabinet trust does not mean that the new austerity plan passed in Parliament, the Greek market, ability to successfully weather the storm a lack of confidence . Gianni, Citigroup economist, pointed out that the Greek members of Congress are not dissatisfied with the new cabinet, but there are many objections to the contents of the austerity plan next week's voting results is full of uncertainty.

, according to the Government of Germany, the eurozone governments and the private sector creditors yesterday on the voluntary participation in Greece an aid program to discuss the German Ministry of Finance has invited banks and insurance companies to conduct negotiations, including the Allianz Group, Munich Reinsurance and WestLB.

the trust voting completely along party lines, all 300 members, 298 people participated in the vote, the new Greek cabinet is the ultimate support by 155 votes to 143 votes against to win a parliamentary vote of confidence.

Some analysts said the market of the Greek government has to release a signal that the government will make every effort to get 12 billion euros of aid. Greece's new cabinet to trust the voting results came after the euro against the U.S. dollar rose in response, but then fell back. Yesterday World steel pipe network editing , the Asia-Pacific stocks continue rebound, the MSCI Asia Pacific Index rose 0.9 percent, European stocks opened slightly lower.

substantial reorganization after

Greece's new cabinet yesterday morning to win a parliamentary vote of confidence, in order to avoid an early election, the buffer time needed to solve the debt crisis. Although the new cabinet in Greece temporarily through a crisis of confidence, but the Greek External and internal situation has not fundamentally changed, a new round of bailouts in Greece there are still many difficult issues identified.

in the Greek parliament before the vote, the EU has been to the States issued an ultimatum, requiring the implementation of the new austerity measures as soon as possible, otherwise we can not get 12 billion euros of aid.

in the new cabinet by a vote of confidence, Greek Prime Minister Papandreou began to make preparations for the vote of the austerity plan. New finance minister, Venizelos said that the vote of confidence debate the new government has the confidence of parliament passed a package of austerity programs and timely access to new loans to avoid the spread of the debt crisis in Europe.

in Greece, the new cabinet thrilling way through the trust vote off, the market focus shifted Papandreou next week whether to urge Congress to pass a series of austerity programs of the total 78 billion euros, to avoid Greece became the first euro-zone debt default countries.

austerity program into a stumbling block

Germany to negotiate with private investors