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#Videocrux - Greek unions vow to fight austerity cuts Greek unions vow to fight austerity cuts
Greek unions are calling for massive public sector strikes on Wednesday to protest against severe public spending cuts. The government hopes to save more than one billion euros this year as the country confronts a grave debt crisis.
Greece faces the greatest economic crises
A spiralling public deficit, and debt expected to top 290 billion euros this year. In response, the government has embarked on a radical cost-cutting plan -- and a recent poll showed three out of five Greeks ready to embrace it.
Public sector unions to go on strike
so far specific proposals, such as bonus cuts for civil servants, have been poorly received. Now public sector unions have called a massive strike on Wednesday.
Greece's mismanagement costing it 30% of GDP
Greece's current problems are the legacy of decades of economic mismanagement -- but also a culture of tax avoidance, which is costing the state the equivalent of 30 percent of GDP.
Opposition party backing govt. austerity plan
Since the start of the crisis, the opposition has backed the Socialist government's austerity plan. But for some, the reforms don't go far enough.
Unions plan more strikes in coming weeks
In addition to Wednesday's strike, a grouping of private sector unions is planning similar action in two weeks' time. All of which is raising fears that Greece could be entering a long winter of discontent.

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