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Oil pares losses as traders anticipate Israel's response to Iranian attack

Greece: Austerity and Unrest

  • Two women pass among piles of garbage amassed during successive strikes by municipal workers in the northern Greek port city of Thessaloniki.
    1/30

    Greece: Austerity and Unrest

    Two women pass among piles of garbage amassed during successive strikes by municipal workers in the northern Greek port city of Thessaloniki.
    AP Photo
  • Municipal workers take part in a protest march to the ministry of Administrative Reform in central Athens.
    2/30

    Greece: Austerity and Unrest

    Municipal workers take part in a protest march to the ministry of Administrative Reform in central Athens.
    AP Photo
  • A worker cleans graffiti off the Bank of Greece logo, outside the central bank's headquarters in Athens.
    3/30

    Greece: Austerity and Unrest

    A worker cleans graffiti off the Bank of Greece logo, outside the central bank's headquarters in Athens.
    AP Photo
  • An employee of the Stock Exchange is reflected in a chart displaying stock prices in Athens.
    4/30

    Greece: Austerity and Unrest

    An employee of the Stock Exchange is reflected in a chart displaying stock prices in Athens.
    AP Photo
  • Supporters from the Independent Greeks party hold Greek flags as Presidential guards performs the changing of the guards ceremony outside the Greek parliament during an anti- austerity rally in central Athens.
    5/30

    Greece: Austerity and Unrest

    Supporters from the Independent Greeks party hold Greek flags as Presidential guards performs the changing of the guards ceremony outside the Greek parliament during an anti- austerity rally in central Athens.
    AP Photo
  • A woman passes a pile of garbage during on-going mobilizations by municipal workers in the northern Greek port city of Thessaloniki.
    6/30

    Greece: Austerity and Unrest

    A woman passes a pile of garbage during on-going mobilizations by municipal workers in the northern Greek port city of Thessaloniki.
    AP Photo
  • Agriculture ministry workers are seen at the entrance to the ministry headquarters in Athens, which was occupied by protesting employees.
    7/30

    Greece: Austerity and Unrest

    Agriculture ministry workers are seen at the entrance to the ministry headquarters in Athens, which was occupied by protesting employees.
    AP Photo
  • A homeless begs as he is reflected on a mirror in central Athens.
    8/30

    Greece: Austerity and Unrest

    A homeless begs as he is reflected on a mirror in central Athens.
    AP Photo
  • A woman walks past a group of suspected illegal immigrants detained during a police roundup in central Athens.
    9/30

    Greece: Austerity and Unrest

    A woman walks past a group of suspected illegal immigrants detained during a police roundup in central Athens.
    AP Photo
  • Protesters clash with police before a conference of Greek and German mayors in the northern Greek port city of Thessaloniki. Dozens of anti-austerity protesters broke into a conference and clashed with police to demonstrate against the presence of a German government official.
    10/30

    Greece: Austerity and Unrest

    Protesters clash with police before a conference of Greek and German mayors in the northern Greek port city of Thessaloniki. Dozens of anti-austerity protesters broke into a conference and clashed with police to demonstrate against the presence of a German government official.
    AP Photo
  • Left-wing German lawmaker Annette Groth speaks to the protesters outside a conference hall where Greek and German mayors hold a conference in the northern Greek port city of Thessaloniki.
    11/30

    Greece: Austerity and Unrest

    Left-wing German lawmaker Annette Groth speaks to the protesters outside a conference hall where Greek and German mayors hold a conference in the northern Greek port city of Thessaloniki.
    AP Photo
  • Protesters clash with police before a conference of Greek and German mayors in the northern Greek port city of Thessaloniki.
    12/30

    Greece: Austerity and Unrest

    Protesters clash with police before a conference of Greek and German mayors in the northern Greek port city of Thessaloniki.
    AP Photo
  • A protester with the brown jacket punches the German consul in Thessaloniki, Wolfgang Hoelsche-Obermaier, center with the blue shirt, who arrives to attend a conference of Greek and German mayors as police and organizers try to protect him in the northern Greek port city of Thessaloniki. Dozens of anti-austerity protesters broke into a conference and clashed with police to demonstrate against the presence of a German government official.
    13/30

    Greece: Austerity and Unrest

    A protester with the brown jacket punches the German consul in Thessaloniki, Wolfgang Hoelsche-Obermaier, center with the blue shirt, who arrives to attend a conference of Greek and German mayors as police and organizers try to protect him in the northern Greek port city of Thessaloniki. Dozens of anti-austerity protesters broke into a conference and clashed with police to demonstrate against the presence of a German government official.
    AP Photo
  • Protesters clash with police before a conference of Greek and German mayors in the northern Greek port city of Thessaloniki.
    14/30

    Greece: Austerity and Unrest

    Protesters clash with police before a conference of Greek and German mayors in the northern Greek port city of Thessaloniki.
    AP Photo
  • Thousands of protesters converged peacefully on the Greek capital's main square outside the Parliament as lawmakers debated the 2013 budget, which includes pension and salary cuts demanded by the country's international creditors in order for them to approve the next vital batch of rescue loans.
    15/30

    Greece: Budget Crisis and Austerity

    Thousands of protesters converged peacefully on the Greek capital's main square outside the Parliament as lawmakers debated the 2013 budget, which includes pension and salary cuts demanded by the country's international creditors in order for them to approve the next vital batch of rescue loans.
    AP Photo
  • Greece's Prime Minister Antonis Samaras, centre rear, delivers a speech during a vote for the new austerity measures at the Greek parliament in Athens.
    16/30

    Greece Debt Crisis: Protest and Unrest

    Greece's Prime Minister Antonis Samaras, centre rear, delivers a speech during a vote for the new austerity measures at the Greek parliament in Athens.
    AP Photo
  • Greece's Prime Minister Antonis Samaras attends a parliament meeting for vote on 2013 country's budget in Athens.
    17/30

    Greece: Budget Crisis and Austerity

    Greece's Prime Minister Antonis Samaras attends a parliament meeting for vote on 2013 country's budget in Athens.
    AP Photo
  • A picture of German Chancellor Angela Merkel symbolically hangs from a gibbet in front of the Parliament. The writing on the noose reads in Greek: 'Rascals'.
    18/30

    Greece: Budget Crisis and Austerity

    A picture of German Chancellor Angela Merkel symbolically hangs from a gibbet in front of the Parliament. The writing on the noose reads in Greek: 'Rascals'.
    AP Photo
  • A man walks past a poster in central Athens that reads "Yes to Work. No to the Euro" .
    19/30

    Greece: Budget Crisis and Austerity

    A man walks past a poster in central Athens that reads "Yes to Work. No to the Euro" .
    AP Photo
  • Greek riot police officers, right, push the last remaining protesters off the street, following an anti-austerity rally in front of the Parliament in central Athens.
    20/30

    Greece: Budget Crisis and Austerity

    Greek riot police officers, right, push the last remaining protesters off the street, following an anti-austerity rally in front of the Parliament in central Athens.
    AP Photo
  • Protesters gather in front of the Finance Ministry in Athens.
    21/30

    Greece Debt Crisis: Protest and Unrest

    Protesters gather in front of the Finance Ministry in Athens.
    AP Photo
  • Engulfed by tear gas thrown by police, protesters walk for cover during clashes with police, near the parliament in Athens.
    22/30

    Greece Debt Crisis: Protest and Unrest

    Engulfed by tear gas thrown by police, protesters walk for cover during clashes with police, near the parliament in Athens.
    AP Photo
  • A protester shouts anti-government slogans during a demonstration outside the parliament in Athens.
    23/30

    Greece Debt Crisis: Protest and Unrest

    A protester shouts anti-government slogans during a demonstration outside the parliament in Athens.
    AP Photo
  • A petrol bomb thrown by protesters explodes near riot police in front of the parliament during clashes in Athens.
    24/30

    Greece Debt Crisis: Protest and Unrest

    A petrol bomb thrown by protesters explodes near riot police in front of the parliament during clashes in Athens.
    AP Photo
  • A protester holds Greek, Spanish, Irish and Portuguese flags during a demo in front of the parliament in Athens.
    25/30

    Greece Debt Crisis: Protest and Unrest

    A protester holds Greek, Spanish, Irish and Portuguese flags during a demo in front of the parliament in Athens.
    AP Photo
  • Fire fighters sprays water onto a burning bus ticket kiosk near the parliament, seen in background, during clashes in Athens.
    26/30

    Greece Debt Crisis

    Fire fighters sprays water onto a burning bus ticket kiosk near the parliament, seen in background, during clashes in Athens.
    AP Photo
  • Disable protesters demonstrate in front of the Parliament in Athens.
    27/30

    Greece Debt Crisis: General Strike and Austerity

    Disable protesters demonstrate in front of the Parliament in Athens.
    AP Photo
  • Protesters take part in a rally on the first day of the 48-hour nationwide general strike, in Athens.
    28/30

    Greece Debt Crisis: General Strike and Austerity

    Protesters take part in a rally on the first day of the 48-hour nationwide general strike, in Athens.
    AP Photo
  • Tourists carry their luggage as their pass in front of docked ships at the port of Piraeus, near Athens during a 48-hour nationwide general strike.
    29/30

    Greece Debt Crisis: General Strike and Austerity

    Tourists carry their luggage as their pass in front of docked ships at the port of Piraeus, near Athens during a 48-hour nationwide general strike.
    AP Photo
  • Protesters on a quad bike hold signs reading ''Endless strikes until we win'' in front of the Greek parliament.
    30/30

    Greece Debt Crisis: General Strike and Austerity

    Protesters on a quad bike hold signs reading ''Endless strikes until we win'' in front of the Greek parliament.
    AP Photo
Two women pass among piles of garbage amassed during successive strikes by municipal workers in the northern Greek port city of Thessaloniki.
Municipal workers take part in a protest march to the ministry of Administrative Reform in central Athens.
A worker cleans graffiti off the Bank of Greece logo, outside the central bank's headquarters in Athens.
An employee of the Stock Exchange is reflected in a chart displaying stock prices in Athens.
Supporters from the Independent Greeks party hold Greek flags as Presidential guards performs the changing of the guards ceremony outside the Greek parliament during an anti- austerity rally in central Athens.
A woman passes a pile of garbage during on-going mobilizations by municipal workers in the northern Greek port city of Thessaloniki.
Agriculture ministry workers are seen at the entrance to the ministry headquarters in Athens, which was occupied by protesting employees.
A homeless begs as he is reflected on a mirror in central Athens.
A woman walks past a group of suspected illegal immigrants detained during a police roundup in central Athens.
Protesters clash with police before a conference of Greek and German mayors in the northern Greek port city of Thessaloniki. Dozens of anti-austerity protesters broke into a conference and clashed with police to demonstrate against the presence of a German government official.
Left-wing German lawmaker Annette Groth speaks to the protesters outside a conference hall where Greek and German mayors hold a conference in the northern Greek port city of Thessaloniki.
Protesters clash with police before a conference of Greek and German mayors in the northern Greek port city of Thessaloniki.
A protester with the brown jacket punches the German consul in Thessaloniki, Wolfgang Hoelsche-Obermaier, center with the blue shirt, who arrives to attend a conference of Greek and German mayors as police and organizers try to protect him in the northern Greek port city of Thessaloniki. Dozens of anti-austerity protesters broke into a conference and clashed with police to demonstrate against the presence of a German government official.
Protesters clash with police before a conference of Greek and German mayors in the northern Greek port city of Thessaloniki.
Thousands of protesters converged peacefully on the Greek capital's main square outside the Parliament as lawmakers debated the 2013 budget, which includes pension and salary cuts demanded by the country's international creditors in order for them to approve the next vital batch of rescue loans.
Greece's Prime Minister Antonis Samaras, centre rear, delivers a speech during a vote for the new austerity measures at the Greek parliament in Athens.
Greece's Prime Minister Antonis Samaras attends a parliament meeting for vote on 2013 country's budget in Athens.
A picture of German Chancellor Angela Merkel symbolically hangs from a gibbet in front of the Parliament. The writing on the noose reads in Greek: 'Rascals'.
A man walks past a poster in central Athens that reads "Yes to Work. No to the Euro" .
Greek riot police officers, right, push the last remaining protesters off the street, following an anti-austerity rally in front of the Parliament in central Athens.
Protesters gather in front of the Finance Ministry in Athens.
Engulfed by tear gas thrown by police, protesters walk for cover during clashes with police, near the parliament in Athens.
A protester shouts anti-government slogans during a demonstration outside the parliament in Athens.
A petrol bomb thrown by protesters explodes near riot police in front of the parliament during clashes in Athens.
A protester holds Greek, Spanish, Irish and Portuguese flags during a demo in front of the parliament in Athens.
Fire fighters sprays water onto a burning bus ticket kiosk near the parliament, seen in background, during clashes in Athens.
Disable protesters demonstrate in front of the Parliament in Athens.
Protesters take part in a rally on the first day of the 48-hour nationwide general strike, in Athens.
Tourists carry their luggage as their pass in front of docked ships at the port of Piraeus, near Athens during a 48-hour nationwide general strike.
Protesters on a quad bike hold signs reading ''Endless strikes until we win'' in front of the Greek parliament.

Greece's economy has shrunk by 20 percent since its crisis began in 2009 and unemployment has risen to a record 25 percent. The country is expected to enter a sixth year of recession as investors pull money out of the country and the government keeps cutting spending and raising taxes to comply with the demands of its international bailout.

It has avoided imminent bankruptcy after its international creditors finally agreed to give it the money it urgently needs, but the cash-strapped country's economic distress is likely to drag on for years to come.