General strike paralyzes Greece

Life in Greece has come to a halt today in 24-hour general strikes against austerity.

General strike paralyzes Greece

World Bulletin / News Desk

Flights, transport, schools and hospitals have been disrupted as workers in Greece hold a 24-hour general strike over continuing cuts.

As one of the hardest hit countries of the Eurozone crisis, Greece face 28% unemployment rates as the austerity measures put in place as a condition of two bailouts totaling about 240bn Euros have led to massive job cuts.

Although Greece has forecast an emergence from recession in 2014, economic experts predict it will take many years to see any improvements on the grass-roots level.

"Workers, pensioners and the unemployed are going through an endless nightmare…the government and the troika is destroying this country," port workers said in a statement.

The troika refers to the European Commission, the European Central Bank and the International Monetary Fund.

Last year, Greece barely salvaged a last minute deal to form a coalition government which agreed upon the bailout, thus avoiding bankruptcy and a default from the Euro.

Last Mod: 06 Kasım 2013, 15:59
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