Saturday, 1 October 2011

World held to ransom by Greek civil servants as 'wildcat' strikes stall vital bailout talks

Vital talks on a lifeline bailout for Greece were stalled again yesterday by 'wildcat' strikes, adding yet more misery to an already dire market. 


Angry civil servants blocked Greece's government buildings preventing bureaucrats from finalising next year's budget figures and the release of fiscal aid to the tune of 8billion euros.

A potential Greek default and sluggish recovery in the global economy has already led to one of the worst three months for financial markets.   Read More

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