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Wednesday, 05 October 2011 09:06 | 
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Today’s 24-hour strike in Greece is due to the government’s recent announcement of an emergency property tax and the suspension of 30,000 public sector staff.
Transport links are expected to be cancelled, schools will be closed, and hospitals will be working with reduced staff.
The tight austerity measures have been implemented so that Greece can secure its next instalment of bailout funds from the EU.
Eurozone finance ministers have refused an immediate bailout for Greece, despite recognising that the Athens government has made considerable progress in cutting the country’s debts.
Euro-group chairman Jean-Claude Juncker, and EU economic and monetary affairs commissioner Olli Rehn, said that the Athens government had to be more stringent about structural reforms.
Mr Juncker said that if Greece could meet all its financial obligations, the bailout fund would be paid in November.
However, the austerity measures, enforced in order to receive this fund, are hugely unpopular and have led to strikes and protests.
Greece’s biggest unions are hoping for a huge strike turnout, to prove that resistance is still strong. They believe that the austerity measures are actually stunting the growth of Greece’s economy and deepening the recession.
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