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Greece has been brought to a standstill as angry workers stage a general strike over planned austerity measures.
All flights are grounded and no trains or ferries are running as transport workers join public sector staff who began a 48-hour strike on Tuesday.
Flights in and out of Greece stopped at midnight, and trains and ferries were not running. Schools, hospitals, and many offices are shut. The BBC's Malcolm Brabant in Athens says anger is mounting as people realise how much they stand to lose under the austerity plan.
Below is a possible timetable of key events until May 19, when Greece has to pay back 8.5 billion euros in maturing debt.
MONDAY-FRIDAY, MAY 3-7
Greek parliament is likely to debate and vote on any additional austerity measures that are to be announced under the bailout package. The government also plans to submit to parliament a pension reform law, but the exact date or provisions of law are not known.
according to AFP (via Bloomberg TV) there are 20 people inside of a burning Athens bank. Reuters is also reporting people likely trapped inside of a building. We're not clear if it's the same one
Originally posted by order in chaos
If the Greek government approves the new set of austerity plans by the end of this week, I don't think that Greek citizens would take that lightly. One possible scenario could be that the Greek citizens force the existing government to resign for its role in the debt crisis.
Originally posted by kozmo
This is quagmire, a conundrum... In one sense, the country is broke and CANNOT continue with its socialist programs. The money simply doesn't exist. The government is being forced to make some tough financial decisions and the austerity measures are necessary. The rioters are acting like a bunch of children who have had cartoon privledges revoked.
Instead of acting out because daddy government won't be there to attend to their every need, they should be using this opportunity to shed the governmental chains that have entered them into slavery to begin with.
Folks don't confuse what is happening in Greece with a "Revolution", it isn't! Again, these are children acting out because they are losing their government handouts. Expect to see this in every country where the government has a glut of "Social welfare programs" that they cannot continue to pay for.
Originally posted by kozmo
Originally posted by order in chaos
If the Greek government approves the new set of austerity plans by the end of this week, I don't think that Greek citizens would take that lightly. One possible scenario could be that the Greek citizens force the existing government to resign for its role in the debt crisis.
What about the people's role in the debt crisis? You can't have it both ways. When people "Vote themselves money" by electing politiicans who offer a wealth of hand-outs thus putting the country in debt, they share the blame as well
This will be arriving on the shores of the United States before too long as the US is quickly going bankrupt (again) and will no longer be able to afford to continue many of these same programs.