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Greek Union Warns of Austerity "Death Spiral"

Reuters @ Common Dreams - Greece risks sliding into a "death spiral" if the government continues to slash salaries and lay off workers instead of cracking down on tax evasion and raising money from the rich, the head of the biggest public sector union said Tuesday.

Speaking ahead of a 48-hour general strike called to protest tough new austerity measures, due to be approved this week, Costas Tsikrikas, head of the 500,000-strong ADEDY union, accused Prime Minister George Papandreou's Socialist government of blindly pursuing austerity measures that would plunge Greece deeper into recession.  Read more.

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