Economic crisis in Greece and Britain


This video is called Greek workers refuse to pay for crisis.

With financial markets pressuring Athens and Greek workers preparing for an April 22 strike, commentators are discussing the possibility of state bankruptcy, huge social cuts, and the end of the common European currency: here.

With the international financial institutions demanding that Britain rein in its ballooning debt, all the main political parties are committed to deep-going cuts in public expenditure to pay for the bank bailout and further enrich their corporate backers: here.

Britain: Trade union leaders have warned that disastrous unemployment figures make it imperative to resist the Tory policy of immediate spending cuts: here.

The US-dominated International Monetary Fund have tried to head off increasing global criticism of rapacious financial institutions with a “radical” proposal for an international tax on banks’ profits and bosses’ pay: here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.