Nationwide Strike Tests Greece

Millions of Greek workers were expected to participate in the strike called by Greece’s two major umbrella unions, private-sector GSEE and public-sector Adedy, amid widespread discontent over the measures.

In a statement, GSEE President Yannis Panagopoulos called on workers, retirees and youth to vigorously resist the “harsh and antisocial measures.”

The strikes are a key test for Prime Minister George Papandreou as he tries to turn around his economically beleaguered country. Greece’s fiscal problems have forced Athens to pay six percentage points more than Germany to borrow money, and they have sparked fears of similar problems in other weak European economies.

Some political analysts said the strikes are unlikely to shake the government’s resolve to push through the cuts, at least for now.

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Posted in * Economics, Politics, * International News & Commentary, Economy, Europe, Greece, Politics in General

3 comments on “Nationwide Strike Tests Greece

  1. DonGander says:

    Do the Greek strikers think that Greece is too big to fail??

    Don

  2. Br. Michael says:

    This is what happens when a welfare state tries to be fiscally responsible haveing, as Greece did and we are doing. It is easy to hand out the goodies and very difficult to cut them back.

  3. David+ says:

    Wecome to the future of the USA!