Greece hit by nationwide strike over austerity measures

Public sector workers in Greece have launched a nationwide strike in protest at government measures to tackle the country’s huge budget deficit.

Flights have been grounded, many schools closed, and hospitals are operating an emergency-only service.

The government wants to cut pay, reduce pensions and revise the tax system.

EU leaders will discuss the issue during a summit in Brussels on Thursday amid concern the Greek crisis could threaten the credibility of the euro.

Financial markets around the world and politicians from across Europe will be watching the situation carefully.

Greek Prime Minister George Papandreou has already faced down a three-week protest by farmers demanding higher government subsidies.

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