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Greece: more ministers resign over austerity
The Dow Jones industrial average closed down 89.23 points, or 0.7 percent, at 12,801.23. The broader Standard & Poor's 500 finished down 9.31 points to 1,342.64. It was the first losing week for S&P this year.
10 Feb 2012, 10:56 PM IST 
Irate passengers at a closed Kingfisher Airlines counter, Mumbai airport - Source: AP
Two more Cabinet members have resigned in Greece, bringing the total to three on Friday, to protest European Union demands for more austerity in exchange for a bailout.
The right-wing LAOS party's transport minister and the deputy minister of the merchant marine resigned Friday.
Hours earlier, the deputy minister of agriculture had quit and a junior party leader in the country's coalition government had said he would vote against the new austerity measures.
The moves add pressure on Prime Minister Lucas Papademos' government, which has vowed to push through the unpopular reforms to get the rescue loans and avoid bankruptcy.
Also Friday, violent clashes broke out in central Athens during a 48-hour general strike called by unions.