Greece acts to ease debt worries
Government seeks to assure citizens that the country will not default on its debt.
Published On 4 Jan 2010
With the global economy still struggling, the Greek government insists there is no danger of the country defaulting on its debt and needing a bail-out from partners in the euro zone.
It comes after panic hit the Athens stock exchange in December, when leading agencies downgraded Greece’s credit rating after a sharp rise in the deficit.
In an attempt to restore confidence, the government has announced a freeze on wages in the public sector.
Barnaby Phillips reports from Athens.
Source: Al Jazeera