EU to Discuss Strengthening Euro; Greeks Strike
时间:2012-10-19 05:23:58
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(单词翻译)
EU to Discuss Strengthening Euro; Greeks Strike
Members of the European Union are meeting in Brussels Thursday to discuss how to strengthen the ailing1 euro currency.
Germany is expected to press for the EU to play a stronger role in the economies of its member states, but it faces
opposition2 by some member states reluctant to
relinquish3 control over their finances.
The two-day meeting is seen as an
incremental4 one, with no major decisions expected.
Meanwhile, Greeks are staging a general strike Thursday, walking off the job in the transport industry, hospitals, offices, and shops.
They are protesting austerity measures demanded by the European Central Bank, European Commission, and International
Monetary5 Fund, in exchange for bailout funds.
This is the second general strike in Greece in less than a month. Security in Athens is high, as recent anti-austerity
demonstrations6 have turned violent.
The Greek economy is near
bankruptcy7. It is expected to receive a new
infusion8 of loans next month from the European Union.
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