VOICED: Greek unions vow to fight austerity cuts

Greece faces a spiraling public deficit and debt, prompting the government to implement radical cost-cutting measures. While a poll indicates some public support, specific proposals like bonus cuts for civil servants are unpopular, leading to union strikes. Greece's economic woes stem from decades of mismanagement and tax avoidance, costing the state 30% of GDP. The opposition supports austerity but questions its effectiveness in fostering growth. Upcoming strikes by private sector unions raise concerns of prolonged unrest.

What new insight or understanding did you gain from this video?