Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
European Debt Crisis

Greek workers protest latest austerity push

Marketplace Contributor Nov 5, 2012
HTML EMBED:
COPY
European Debt Crisis

Greek workers protest latest austerity push

Marketplace Contributor Nov 5, 2012
HTML EMBED:
COPY

Workers are back on strike this morning in Greece, where the government is scheduled to vote on a new round of austerity this week.

Totalling at least $17 billion, the latest round of austerity measures aims to implement new taxes, cut government spending, and decrease payrolls for the police, military, and other national security jobs.

A failure to pass this week’s austerity package could cost Greece its bailout funds, which are largely propping up the country’s economy, and put the goverment at risk of default.

 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.