Greece is facing problem as anti-austerity strike extends

GreeceThere is no end of troubles for Greece. A strike protesting against planned tax rises and spending cuts has spread all over Greece. All the trains, flights and other transport media have been clogged. The transport workers have also joined in the strike with the public sector workers. There has been almost 48 hours strike in the country.

The austerity was applied to overcome the recent economic downturn of the country. But it had produced its adverse effect. It had spread much annoyance among the people of Greece.

So the Greece parliament will vote on this issue within this week. The topics to be discussed over there are the tax raise, pension cuts and wage freezes etc.

The Greece government is aiming to achieve a new budget of 30billion Euros over a period of three years.

At the same time they are also planning to issue a bail-out package for the country. The European Finance Ministers have also agreed to provide a good amount of financial aid to Greece in such downturn.