Greek government announces further austerity

Just over a week after the European Union summit, at which the government leaders spoke of growth and an end to austerity, all European governments are preparing to implement massive cuts across the continent along Greek lines. In Greece itself, despite the deep recession, further cutbacks are being pushed through.
Last Friday, Andonis Samaras delivered his first substantial parliamentary speech as the new Greek prime minister. He not only assured the so-called troika—the European Commission, European Central Bank (ECB) and the International Monetary Fund (IMF)—that Greece would fulfill all previously agreed cuts, which include cutting 150,000 public sector jobs. He also announced further privatizations and structural measures.


Author: Intercultural Resources

Intercultural Resources is a forum for research and political intervention on issues related to the impacts and alternatives to destructive development. Our effort draws upon the social, cultural, material and intellectual resources that have been generated in the course of dialogues between people of different cultures on questions of social justice, development and self-rule. We are of the view that dialogue can sustain plurality and open possibilities for recovery of the ground lost on account of inter-cultural alienation, which is manifest in a variety of forms of violence that we encounter everyday at different levels of social life. Intercultural Resources is based in Delhi, India. Email:

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