STOCK MARKET WATCH -- Monday, 1 October 2012

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50. Thousands march in Paris against 'austerity'

http://www.france24.com/en/20120930-france-paris-thousands-march-austerity-economic-crisis-eu-fiscal-treaty-hollande-protest

Chanting "resistance", demonstrators took to the streets of Paris on Sunday to protest against austerity policies and Europe’s new budget treaty, in the first major demonstration since President François Hollande took power four months ago.

Tens of thousands of people marched through the sunny streets of Paris on Sunday to protest against an EU fiscal treaty requiring governments to commit to stricter economic practices, in the latest in a string of anti-austerity rallies across Europe.

The march, which organisers say drew 80,000 people, weaved its way across the east of Paris, near the historic Place de la Bastille, with demonstrators chanting “resistance, resistance”, while hundreds of flags and protest signs bobbed above the crowd. Others sang, “Hollande, do you know where we’re going to stick your treaty?”

Noé, who declined to give his last name, said he had made the five-hour journey from the southern city of Toulon by bus in order to protest against Europe’s new budget treaty.