Greece hit by new 24-hour general strike over austerity

A 24-hour general strike is under way in Greece in protest at the nation's austerity measures.

Flights and ferry services have been cancelled, schools, government offices and tourist sites closed, and hospitals are working with reduced staff.

At least 16,000 people have joined protests organised by the main unions in central Athens.

The European Commission is discussing ways of propping up banks in Europe to protect them from the Greek crisis.

Meanwhile, in its latest report on the European economy, the International Monetary Fund (IMF) has warned that economic growth is in danger of petering out and a global recession in the coming year cannot be ruled out.   Read More

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