[QODLink]
INSIDE STORY
Greece's financial turmoil
We look at the root causes of Greece's woes and ask if the EU will save it or let it sink.
Last Modified: 28 Feb 2010 08:52 GMT
Angered by measures being imposed to save the economy, protesters have taken to the streets [AFP]

Thousands of protesters have clashed with police on the streets of Athens. They were rallying against the measures being imposed to save the Greek economy.

It is the second general strike in the last two weeks.

Flights, buses and ferries have all been cancelled. Schools and government offices are closed and hospitals are operating with emergency staff only.

The Greek government is being forced to act by the European Union.

Its growing public deficit is already over 12 per cent - which is four times what the EU allows for its members. Greece's national debt also stands at almost $420bn.

Just what are the root causes of the financial crisis in this EU member state? How is it going to affect other countries? And will we see the Union save Greece, or let it sink?
 
Inside Story, with presenter Imran Garda, discusses with guests: Kostas Ifantis, the president of the Hellenic Centre for European Studies (EKEM), John Sfakianakis, the chief economist and general manager at Banque Saudi Fransi, and Max Keiser, a financial analyst.

This edition of Inside Story can be seen from Wednesday, February 24.

Source:
Al Jazeera
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
Muslim volunteers face questioning and threat of arrest, while aid has been disrupted or blocked, charities say.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
ISIL combatants seeking an 'exit strategy' from Mideast conflict need positive reinforcement back home, analysts say.
European nation hit by a wave of Islamophobia as many young fighters join ISIL in Syria and Iraq.
Featured
Lacking cohesive local ground forces to attack in tandem, coalition air strikes will have limited effect, experts say.
Hindu right-wing groups run campaign against what they say is Muslim conspiracy to convert Hindu girls into Islam.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
Muslim caretakers maintain three synagogues in eastern Indian city, which was once home to a thriving Jewish community.
Amid fresh ISIL gains, officials in Anbar province have urged the Iraqi government to request foreign ground troops.