Unions to protest cuts, Greece debates more measures

By Tatiana Fragou

(Reuters) - Greek unions, the unemployed and communists will protest on Wednesday against spending cuts introduced to secure a multi-billion-euro bailout, and lawmakers will debate a debt swap to avoid imminent bankruptcy.

Motorcycle groups and striking journalists are also expected to converge on the capital's central Syntagma square in front of parliament at 4 p.m. (1400 GMT) to protest against the cuts, vital to securing the new 130 billion euro ($172 billion) rescue package but certain to prolong a deep recession in Greece.

Euro zone finance ministers approved the rescue deal on Tuesday after forcing Greece to make cuts and commit to reforms to make the economy more competitive and by agreeing private bondholders would have to take larger losses.

Read more: http://www.reuters.com/article/2012/02/22/us-greece-idUSTRE8120HI20120222