Greece is in deep trouble and has been for the last 6 months, but it seems to be coming to a cross roads. Greece’s creit status was reduced to one level above junk status yesterday and this has probably resulted in the EU and IMF having to loan Greece even more billions of Euros to simply pay it’s debts. The Greek government has set in motion an action plan – tax hikes and massive spending cuts in the public sector – to reduce the national debt to acceptable levels, but the Greek populus is having none of it. Today thousands of people are protesting, rioting and on strike in Athens and other Greek cities. You reap what you sow I guess. If the Greeks wokred and paid taxes as much as they do going on strike and rioting their country would not be in this mess.
Riot police stand guard near the Greek parliament in Athens as the guard of honour march near the monument of the unknown soldier, June 15, 2011. Tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A demonstrator confronts riot police near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A demonstrator confronts riot police outside the Greek parliament in Athens June 15, 2011. Tens of thousands of grassroots activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
Protesters camp outside the Greek parliament in Athens June 15, 2011. Tens of thousands of grass root activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and sell-offs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis (GREECE - Tags: POLITICS BUSINESS CIVIL UNREST EMPLOYMENT IMAGES OF THE DAY)
A protester camps outside the Greek parliament in Athens June 15, 2011. Tens of thousands of grass root activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and sell-offs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
A protester walks in front of a police barrier outside the Greek parliament in Athens June 15, 2011. Tens of thousands of grass root activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and sell-offs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
A demonstrator confronts riot police outside the Greek parliament in Athens June 15, 2011. Tens of thousands of grass root activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and sell-offs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
Demonstrators confront riot police near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yiorgos Karahalis
A demonstrator carrying a Greek flag passes riot police near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yiorgos Karahalis
Demonstrators raise their hands in the traditional Greek insult gesture in front of the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
Demonstrators try to storm barriers surrounding the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A female demonstrator confronts riot police near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroots activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and sell-offs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A dog barks at a formation of riot police near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
Demonstrators and riot police clash near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A demonstrator confronts riot police near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A petrol bomb, thrown by unidentified protesters, flies towards police guarding outside the Greek parliament in Athens June 15, 2011. Greek police fired tear gas at demonstrators as tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
Protesters kick and push a police barrier outside the Greek parliament in Athens June 15, 2011. Greek police fired tear gas at demonstrators as tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
Demonstrators confront riot police near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yiorgos Karahalis
A protester shouts slogans through a police barrier outside the Greek parliament in Athens June 15, 2011. Greek police fired tear gas at demonstrators as tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
A protester kicks a police barrier outside the Greek parliament in Athens June 15, 2011. Greek police fired tear gas at demonstrators as tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
A protester armed with a wooden stick attacks police guarding outside the Greek parliament in Athens June 15, 2011. Greek police fired tear gas at demonstrators as tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
A protester armed with a wooden stick attacks police guarding outside the Greek parliament in Athens June 15, 2011. Greek police fired tear gas at demonstrators as tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
A protester shouts at police guarding outside the Greek parliament in Athens June 15, 2011. Greek police fired tear gas at demonstrators as tens of thousands of grassroot activists and unionists vowed to converge on Athens' central Syntagma (Constitution) Square on Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Yannis Behrakis
Demonstrators run near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/John Kolesidis
Molotov cocktails are thrown at riot police guarding the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/John Kolesidis
Demonstrators confront riot police guarding the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/John Kolesidis
Demonstrators throw rocks near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/John Kolesidis
Riot police grapple with a demonsrator near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/John Kolesidis
The Parthenon is surrounded by smoke from riots which started after a rally against austerity economic measures and corruption at Athens' Syntagma Square June 15, 2011. REUTERS/Pascal Rossignol
Tourists run from teargas in central Athens during anti-austerity protests, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/John Kolesidis
Demonstrators confront riot police guarding the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/John Kolesidis
Demonstrators confront riot police near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/John Kolesidis
A Moltov cocktail explodes near riot police guarding the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/John Kolesidis
A protester clashes with a police officer in Athens' central Syntagma (Constitution) Square June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yannis Behrakis
A protester clashes with a police officer in Athens' central Syntagma (Constitution) Square June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yannis Behrakis
Riot police take refuge from Molotov cocktails thrown by demonstrators during anti-austerity protests in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A protester kicks a tear gas canister back at policemen during clashes around Constitution (Syntagma) square in Athens June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yiorgos Karahalis
Youths hurl stones at policemen amidst thick smoke from tear gas during clashes around Constitution (Syntagma) square in Athens June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yiorgos Karahalis
A riot policeman dodges a Molotov cocktail thrown by demonstrators during anti-austerity protests in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A protester armed with a hammer (L) awaits for riot police officers behind a corner in Athens' central Syntagma (Constitution) Square June 15, 2011 during clashes. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yannis Behrakis
A protester clashes with a police officer in Athens' central Syntagma (Constitution) Square June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yannis Behrakis
A an injured demonstrator is aided during anti-austerity protests in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A protester throws a table at a fire in Athens' central Syntagma (Constitution) Square June 15, 2011 during clashes. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yannis Behrakis
Riot police detain a demnstrator during anti-austerity protests in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A protester armed with a wooden stick stands beside burning barricades in Athens' central Syntagma (Constitution) Square June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yannis Behrakis
Youths hurl stones at policemen during clashes around Constitution (Syntagma) square in Athens June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yiorgos Karahalis
A protester spreads her arms as policemen advance against other protesters during clashes around Constitution (Syntagma) square in Athens June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yiorgos Karahalis
A protester clashes with a police officer in Athens' central Syntagma (Constitution) Square June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yannis Behrakis
A bleeding protester flees during clashes around Constitution (Syntagma) square in Athens June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yiorgos Karahalis
A policeman throws a tear gas canister against protesters during clashes around Constitution (Syntagma) square in Athens June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yiorgos Karahalis
Policemen detain a protester during clashes around Constitution (Syntagma) square in Athens June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yiorgos Karahalis
Masked demonstrators and riot police clash near the Greek parliament in Athens, June 15, 2011. Tens of thousands of grassroot activists and unionists converged on Athens' central Syntagma (Constitution) Square Wednesday as Prime Minister George Papandreou prepared to push through a new five-year campaign of tax hikes, spending cuts and selloffs of state property to continue receiving aid from the European Union and International Monetary Fund and avoid default. REUTERS/Pascal Rossignol
A protester kicks a tear gas canister during clashes with riot police in Athens' central Syntagma (Constitution) Square June 15, 2011. Angry youths hurled petrol bombs at Greece's Finance Ministry and tens of thousands of protesters marched on parliament on Wednesday to oppose government efforts to pass new austerity laws for the debt-choked euro zone state. REUTERS/Yannis Behrakis
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