Socialist Worker

Greek movement steps up pressure

Issue No. 2254

The European Union’s plans for new bailout conditions for Greece, which will lead to even harsher austerity and privatisation, have sparked new protests.

Europe’s elite is terrified that Greece will default on its debts, causing huge problems for the eurozone and the continent’s banks.

Austerity measures implemented last year in a bailout have pushed the economy further into crisis.

Protests inspired by the Spanish demonstrations swept Greek cities from Wednesday of last week, involving thousands.

People have gathered in the main squares, including Syntagma Square in Athens, to protest against the government and global capitalist institutions.

Workers are part of the fight. A big demonstration of power workers marched to the square on Wednesday of last week to join with the protesters there.

Workers at the Hellenic Postbank also occupied the firm’s Athens HQ last week against privatisation.

The Greek TUC has called a major rally for this Saturday and a further general strike for 21 June. Workers facing privatisation are planning a coordinated strike before then.

This struggle is putting huge pressure on the government.

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Tue 31 May 2011, 18:33 BST
Issue No. 2254
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