onsdag 22 februari 2012

Greek Junk: Condemned to slow death

Greece has just been thrust further into junk status by the Fitch credit rating agency, which is predicting a Greek default very soon. That as the government in Athens rushes through its most punishing package of cuts yet. They're a precondition for the next 130 billion Euro bailout - which will be handed over once Athens yields to the last of the EU's demands. But unions, weary of years of austerity, are already mobilising for new rallies. Today and tomorrow - it's expected that thousands will surround the Greek Parliament. For more on what they may, or may not achieve, RT talks to George Katrougalos, lawyer and professor of constitutional law, live from Athens.

Inga kommentarer: