Bankruptcy

Greece Faces Strike, Will Riots Follow?

By mcbride

?Stock markets sank Thursday in Greece, Portugal and Spain amid worries over the European Union’s debt woes, with Greek customs and tax officials walking off the job in opposition to cutbacks aimed at digging the government out of a budget crisis that has shaken the entire EU.

The 48-hour Greek customs strike is expected to choke imports until next week, with fuel supplies the most likely to suffer. Lines of trucks were already forming at the country’s borders, with customs workers allowing through only those carrying perishable goods or pharmaceuticals.?

Here is a link: http://apnews.myway.com/article/20100204/D9DLDI680.html

Michael

Full post as published by Texas Lawyer Blog on February 05, 2010 (boomark / email).