The auto factory Pinault proposed to replace had been a site of labor demonstrations.

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Istanbul (CNN) -- Riot police gassed and fired water cannons at dozens of demonstrators trying to get to Istanbul's Taksim Square for May 1 Labor Day demonstrations.

CNN: Turkish police tear gas Labor Day protesters

Greece has already agreed to a harsh austerity program and labor market reforms, which have led to violent street demonstrations and crippling unemployment.

CNN: Greeks pushed to work more to pay debt