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Kuporomoka kwa uchumi, WAGIRIKI wapanga foleni kupata chakula cha msaada

Discussion in 'International Forum' started by Tume ya Katiba, Jun 20, 2012.

  1. T

    Tume ya Katiba JF-Expert Member

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    Jun 20, 2012
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    This comes as the recession-bound country is hit hard by rising unemployment and crippling austerity measures.

    Native Greeks, immigrants, the elderly and children stood in a queue on Wednesday to receive vegetable handout from a coalition of farmers in Athens.

    “We won’t solve any feeding problems, but we’re starting to show solidarity, a display of Greek solidarity that shows we’re united in these tough times,” Euronews quoted one charity worker as saying on Wednesday.

    This is while earlier in the day, leader of the socialist Pasok party Evangelos Venizelos announced that a deal has been clinched for a coalition government in Greece in a bid to tackle the country’s financial crisis.

    Also on Wednesday Antonis Samaras, the country’s new prime minister, said that he will ask for the new government to be formed on Thursday and pledged to “work hard” to “give hope” to Greeks.

    Greece is at the epicenter of the eurozone debt crisis and is experiencing its fifth year of recession because of the government-introduced harsh austerity measures, which have left about half-a-million people without a job over the past years.

    One in every five Greek workers is currently unemployed, banks are in a shaky position, and pensions and salaries have been slashed by up to 40 percent.

    Greek youths have also been badly affected and more than half of them are unemployed.

    There are worries that more delays in resolving the eurozone debt crisis, which began in Greece in late 2009 and infected Italy, Spain and France last year, can push not only Europe, but also much of the rest of the developed world back into recession.

    MR/JR /AZ
     
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