Violent protests in Greece have added to tensionsover the debt crisis affecting Europe.(SOUND: Protests)Tens of thousands of peoplemarched in Athens Wednesdayto protest the government'slatest proposals for budget cuts.The deep spending cuts have been demandedby the nation's creditors.Many government workers and union activistsoppose the measures, which include plansto cut thirty thousand government jobs.Greece also wants to cut wagesfor government workers and increase taxes.Socialist Prime Minister George Papandreouhas struggled to win support from his own partyto pass the unpopular legislation.And public anger has been widespread.The two largest labor unions in Greecehave called for another strike on October nineteenth.This week, the Greek governmentannounced that it would not meetthe deficit reduction targets it had promised its lenders.This increased doubts that Greecewill be able to pay its creditors.And it has European bankers worried.Many European banks hold Greek debt securities.Finance Ministers from countriesusing the euro met in Luxembourg early this weekto discuss issues including the Greek debt crisis.European Union Monetary Affairs Commissioner Olli Rehn saidit is important to examine the measuresthat Greece has in place.OLLI REHN: ""It seems that Greece is likelyto miss the target this year,next year and concrete measures agreed to so farare going a long way to meet all the fiscal targets.As I said, it is essential nowthat we will assess the measures,we will review the figures."Olli Rehn says it is too early to tellif Greece will be able to meetits deficit reduction targets.European finance ministers put off a decisionon whether to provide an eleven billion dollar loan to Greecethat is part of a rescue plan agreed to last year.The Greek debt crisis has alreadyseverely hurt the French-Belgian bank Dexia.The bank has lost more than four hundred million dollarsbecause of Greek debt.But those losses could increaseif Greece fails to pay on its debts in the coming months.Dexia is one of Belgium's biggest lenders.Now French and Belgian officials are discussinghow to split the bank upand create a so called "bad bank"that would hold its worst assets.Dexia is not alone.Two big banks in France,BNP Paribas and Societe Generale,have reported losses of more than one billion dollars.On Thursday, the European Central Bank saidit would offer new emergency loans to Europe's banksto help them deal with losses from Greek debt.And that's the VOA Special English Economics Report.Find more business news along with transcriptsand MP3s of our reports at 51voa.com.