Anti-austerity strikers in Greece paralyze the country

Depite promises to the EU, IMF, and European Central Bank that they would stick with their austerity program, it appears the the Greek government is about to cave in to unions demanding that cuts in the public payroll be rescinded and other budget cutting measures be eased. Reuters: "The (strike) is our answer to the dead-end policies that have squeezed the life out of workers, impoverished society and plunged the economy into recession and crisis," said the private sector union GSEE, which is organizing the walkout with its public sector sister union ADEDY. "Our struggle will continue for as long as these policies are implemented," it said. Prime Minister Antonis Samaras's eight-month-old coalition government has been eager to show it will implement reforms it promised the European Union and International Monetary Fund, which have bailed Athens out twice with over 200 billion euros. It has taken a tough line on striking workers, invoking emergency law twice this year to...(Read Full Post)