nick venedi

Sunday 4 November 2012

More strikes in Greece

Finance Minister Stournaras is in desperate discussions with the two partner parties in the Greek government coalition trying to convince them to agree the austerity measures that he has agreed with the Troika.

In the meantime the Greek TUC announces more strike action for next week. The country has suffered a lot because there are in a treble recession and the economy has contracted by 4.3% unless Greece finds a way to make the economy grow a default at some stage will be inevitable... It don't look good and Syrizas dream of reinventing Argentina in the middle of norther Mediterranean could become real...

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