Anti-austerity protests: Spain, Germany, Portugal Thousands of anti-austerity protesters march in Madrid, Frankfurt, Lisbon
MADRID (AP) -- Anti-austerity protesters on Saturday took to the streets of dozens of European cities, including Madrid, Frankfurt and Lisbon, to express their anger at government cuts they say are making the financial crisis worse by stifling growth and increasing unemployment.
Thousands marched peacefully toward Madrid's central Neptuno fountain near Parliament, chanting "Government, resign."
Around 15,000 people gathered outside the International Monetary Fund's headquarters in Lisbon shouting "IMF, out of here."
Many protesters were carrying banners saying, "No more cuts" and "Screw the Troika," a reference to the European Commission, the European Central Bank and the International Monetary Fund, the three-member group that bailed out the governments of Greece, Ireland, Portugal and Cyprus.
The bailout loans were given on the understanding that governments enact stringent austerity measures to rein in their heavily indebted finances.