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48 hour general strike starts in Greece



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Whether this will impact the decision to buy into the latest bailout/austerity plan is up for debate. What's less debatable is the issue of the bailout actually working. The bailout is only pushing the problem out for another day and giving hope that the country won't default. BBC News:

Trade unions in Greece have begun a 48-hour general strike, hours after PM George Papandreou urged parliament to back an austerity package.

Huge crowds of protesters are expected on the streets of Athens, while public transport is set to grind to a halt.

On Monday, Mr Papandreou said only his 28bn-euro (£25bn) austerity programme would get Greece back on its feet.

If the government loses, the EU and IMF could withhold 12bn euros of loans and Greece could run out of money in weeks.


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