Meanwhile in Greece

By HT Correspondent

Updated On Feb 23, 2012 10:03 pm IST

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Health workers shout slogans during a demonstration against the government's austerity measures in central Athens as Greek parliament met to approve laws needed for a historic debt write down with private creditors, a key condition for a new eurozone bailout designed to avoid default. AFP PHOTO / ARIS MESSINIS

Updated on Feb 23, 2012 10:03 pm IST

Health workers shout slogans during a demonstration against the government's austerity measures in central Athens as Greek parliament met to approve laws needed for a historic debt write down with private creditors, a key condition for a new eurozone bailout designed to avoid default. AFP PHOTO / ARIS MESSINIS

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Deutsche Telekom CEO Rene Obermann is seen on a large screen during the annual news conference in Bonn February. Deutsche Telekom suffered a net loss of 1.3 billion euros ($1.7 billion) in the fourth quarter as a cash payment for the collapsed T-Mobile USA deal failed to offset accounting charges on its activities in the United States and Greece. REUTERS/Ina Fassbender

Updated on Feb 23, 2012 10:03 pm IST

Deutsche Telekom CEO Rene Obermann is seen on a large screen during the annual news conference in Bonn February. Deutsche Telekom suffered a net loss of 1.3 billion euros ($1.7 billion) in the fourth quarter as a cash payment for the collapsed T-Mobile USA deal failed to offset accounting charges on its activities in the United States and Greece. REUTERS/Ina Fassbender

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A man rides his bicycle in front of the Greek parliament during a demonstration against the government's austerity measures in central Athens as Greek parliament met to approve laws needed for a historic debt write down with private creditors, a key condition for a new eurozone bailout designed to avoid default. AFP PHOTO / ARIS MESSINIS

Updated on Feb 23, 2012 10:03 pm IST

A man rides his bicycle in front of the Greek parliament during a demonstration against the government's austerity measures in central Athens as Greek parliament met to approve laws needed for a historic debt write down with private creditors, a key condition for a new eurozone bailout designed to avoid default. AFP PHOTO / ARIS MESSINIS

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A woman and her child beg in central Athens. AFP PHOTO / ARIS MESSINIS

Updated on Feb 23, 2012 10:03 pm IST

A woman and her child beg in central Athens. AFP PHOTO / ARIS MESSINIS

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Health workers shout slogans during an anti-austerity rally in front of the parliament in Athens. Doctors and health workers joined the wave of public anger on Thursday, launching a 24-hour strike over pay cuts and calling a protest outside the Health Ministry. REUTERS/John Kolesidis

Updated on Feb 23, 2012 10:03 pm IST

Health workers shout slogans during an anti-austerity rally in front of the parliament in Athens. Doctors and health workers joined the wave of public anger on Thursday, launching a 24-hour strike over pay cuts and calling a protest outside the Health Ministry. REUTERS/John Kolesidis

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A man speaks with an employee at the reception desk of the Goethe-Institut in Athens. The rush among Greeks to learn German may seem odd after the war of words between the two countries, with Athens fuming at German accusations of financial mismanagement and some Greek media playing on Nazi caricatures of Berlin politicians. Yet for institute director Ruediger Bolz, who has run the Institut for the last six years, there is no mystery: his Greek pupils are happy to side-step politics and face up to harsh economic realities by acquiring new skills. REUTERS/Yiorgos Karahalis

Updated on Feb 23, 2012 10:03 pm IST

A man speaks with an employee at the reception desk of the Goethe-Institut in Athens. The rush among Greeks to learn German may seem odd after the war of words between the two countries, with Athens fuming at German accusations of financial mismanagement and some Greek media playing on Nazi caricatures of Berlin politicians. Yet for institute director Ruediger Bolz, who has run the Institut for the last six years, there is no mystery: his Greek pupils are happy to side-step politics and face up to harsh economic realities by acquiring new skills. REUTERS/Yiorgos Karahalis

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Greek finance minister Evangelos Venizelos (C) talks during a parliament debate in Athens. Greek parliament went into overdrive to approve necessary laws needed for an unprecedented debt write down with private creditors, a condition for a new eurozone bailout to avert a looming default. Parliamentary committees began debating a pressing law setting up rules and procedures for debt restructuring with private creditors (PSI) which is expected to be voted later in the day. AFP PHOTO/ LOUISA GOULIAMAKI

Updated on Feb 23, 2012 10:03 pm IST

Greek finance minister Evangelos Venizelos (C) talks during a parliament debate in Athens. Greek parliament went into overdrive to approve necessary laws needed for an unprecedented debt write down with private creditors, a condition for a new eurozone bailout to avert a looming default. Parliamentary committees began debating a pressing law setting up rules and procedures for debt restructuring with private creditors (PSI) which is expected to be voted later in the day. AFP PHOTO/ LOUISA GOULIAMAKI

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A homeless person sleeps at Omonoia square in central Athens. Greek lawmakers debated emergency legislation to approve a massive bond swap that would wipe euro 107 billion ($142 billion) off the country's privately-held debt, as new projections showed the economy will suffer the worst contraction in Europe this year.(AP Photo/Petros Giannakouris)

Updated on Feb 23, 2012 10:03 pm IST

A homeless person sleeps at Omonoia square in central Athens. Greek lawmakers debated emergency legislation to approve a massive bond swap that would wipe euro 107 billion ($142 billion) off the country's privately-held debt, as new projections showed the economy will suffer the worst contraction in Europe this year.(AP Photo/Petros Giannakouris)

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