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Thousands in protest against ECB Governing Council meeting in Cyprus

Xinhua, March 5, 2015 Adjust font size:

Several thousand people gathered outside the venue of a meeting of the Governing Council of the European Central Bank (ECB) in Cyprus on Wednesday to protest austerity policies imposed by international lenders.

Police estimated the crowd of trade unionists and other protest groups at over 3,000. They said that Cypriot protesters were joined by groups from Greece, Portugal, Austria, Serbia, Italy and France.

But organizers, who came from 20 trade unions and groups and had the support of Cypriot opposition parties, said they had expected many more thousands to join the protest rally.

The protesters carried banners reading "Society Reacts and Demands," and chanted slogans such as "No more austerity and cuts" and "No to troika and its policies," as teams of ECB technocrats held a preparatory meeting for an important Governing Council session on Thursday. Endit