Riots and Labor Strikes Rock GreeceLate last night the Greek government approved several austerity measures that include increased taxes and pension cuts. As a part of the agreement, they will receive a 900 million euro loan to temporarily shore up their economy, while they discuss the possibility of accepting a three-year, 85 billion euro loan. Contrary to previous claims that their banks may be closed for another month, the emergency loan will have banks opened by next week (or so they say anyway). In response, thousands of citizens took to the streets of Athens to protest the debate last night, many whom started to smash storefronts and burn cars. It was the first major riot to be reported since the Syriza government was elected, and police report that 50 people were arrested. Civil servants have since protested the agreement with a 24-hour strike that disrupted transportation, medical care, and other services across the country. Several government officials have also resigned over the agreement, and the Syriza party may be ousted in the next election. (See how the financial crisis could cause a civil war in Greece). Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshuas reports at Facebook or on his personal Twitter. Joshuas website is Strange Danger. 