Link to this page: http://www.socialistparty.org.uk/issue/622/9452
From The Socialist newspaper, 27 April 2010
Greek crisis
PUBLIC SECTOR workers in Greece staged another strike last Friday against the savage austerity measures being imposed on workers by the beleaguered Pasok government.
Faced with financial collapse, Greece's PM George Papandreou has been forced to go cap-in-hand for a 45 billion euro European Union/International Monetary Fund loan.
The terms of the loan will be completed by 6 May and trade unionists rightly fear that the IMF will demand a further squeeze on workers' living standards with a slashing of spending on healthcare and pensions and attacks on workers' rights. This likelihood has prompted the trade unions to threaten the government with further resistance.
The financial turmoil in Greece is also impacting on the stability of other Eurozone countries and may yet serve as a trigger that blows apart the whole monetary union project.
See: Eurozone crisis, capitalist conflicts and class struggles, at www.socialistworld.net/doc/4228
Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.
In The Socialist 27 April 2010:
Vote for a socialist alternative
Socialist Party Marxist analysis
Heading for a coalition government?
Socialist Party news and analysis
Fund a political alternative to the establishment parties
Socialist Party election campaign
A 'beacon of hope' in Gateshead
Press try to gag socialists in Walthamstow campaign
Debt balloons go up in Brighton Kemptown
Extremes of rich and poor in Swansea
TUSC: 'Hear your candidate' meetings
Socialist Party feature
Socialist Party election analysis
Can the Greens help provide a left alternative?
Socialist Party feature
Housing in crisis: Bankers rob people
Socialist Party workplace news
Nottingham city council: Shocking new cuts!
Glasgow CSG workers fight pay freeze
Three years of wage cuts for council workers
Strike at Northumberland College
Home | The Socialist 27 April 2010 | Join the Socialist Party
Join us today!
Printable version
email to friend
