
Greek unions launched a two-day general strike on February 10 against new extreme austerity measures the “troika” of the International Monetary Fund, European Central Bank and European Union is seeking to impose on the southern European nation.
Greek unions launched a two-day general strike on February 10 against new extreme austerity measures the “troika” of the International Monetary Fund, European Central Bank and European Union is seeking to impose on the southern European nation.
The savage austerity in Greece has affected people’s lives in many different ways. The hardship faced by Greek people has been directly reflected in their psychological condition.
“There is money.” That was the major election campaign slogan of the Panhellenic Socialist Movement (PASOK) in October 2009.
A victory was achieved by the anti-memorandum, anti-government movement on October 28. It was commemoration day of the resistance to the German occupation of Greece, which started in 1940.
A 50% cut of part of Greece’s debt was decided on by a summit of European leaders on October 26. The deal will entail long-term austerity measures being enforced on the Greek people.