Nationwide strike in Greece

Officials of the public and private economic sectors of Greece are on strike over the government’s plans to increase taxes and cut salaries, Lenta.ru reports.Schools, hospitals (excluding ambulances) and railway and ferry transportation have been shut down. The organizers of the strike want to carry out a protest march towards the government and parliament building.Greece has been facing an economic depression since 2008. The GDP has dropped by over a quarter. Unemployment has reached 28%. Young people suffer from unemployment the most.The EU and the IMF granted Greece 200 billion euros. Private owners in Greece wrote off 75% of debts. Still, the governmental debt of Greece exceeds 130% of the GDP and the country needs new financial injections.

Officials of the public and private economic sectors of Greece are on strike over the government’s plans to increase taxes and cut salaries, Lenta.ru reports.

Schools, hospitals (excluding ambulances) and railway and ferry transportation have been shut down. The organizers of the strike want to carry out a protest march towards the government and parliament building.

Greece has been facing an economic depression since 2008. The GDP has dropped by over a quarter. Unemployment has reached 28%. Young people suffer from unemployment the most.

The EU and the IMF granted Greece 200 billion euros. Private owners in Greece wrote off 75% of debts. Still, the governmental debt of Greece exceeds 130% of the GDP and the country needs new financial injections.