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.

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