Tuesday, 16 February 2010

Civil Servant Strikes

Civil Servants protested in Athens last week against the implications of their current financial crisis. Under the pressure of other European Union countries, Greece cut its budget deficit by freezing salaries and raising taxes hoping not to fall $28 billion dollars in debt in the next couple months. The protest, held by people employed in a civil service, was very mild considering the direct implications of these budget cuts. These citizens are frustrated that their income has to be compromised for this financial crisis that they did not cause. Implications such as the salary freezing and tax raising put upon the strikers will be beyond necessary to save the financial standing of the country unless another European Union country decides to help Greece out.

Though the other European countries say that they will aid Greece in order to protect the Euro, none of these countries have given any details as to what their bailout strategy will be. Germany, the European country with the best economic standing, is becoming more and more reluctant to come to Greece's side. Until a bailout plan is set in motion, Greece is left to fend for themselves.

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