Greece's active and retired armed forces unions protest austerity cuts on November 1, 2012 in Athens.
Greece's active and retired armed forces unions protest austerity cuts on November 1, 2012 in Athens. - 
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Workers are back on strike this morning in Greece, where the government is scheduled to vote on a new round of austerity this week.

Totalling at least $17 billion, the latest round of austerity measures aims to implement new taxes, cut government spending, and decrease payrolls for the police, military, and other national security jobs.

A failure to pass this week's austerity package could cost Greece its bailout funds, which are largely propping up the country's economy, and put the goverment at risk of default.

 

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