Economic Problems Threaten Greece's Place In EU

News & Features Sylvia Poggioli · ·
A firefighter holds a flare as others chant slogans outside the Greek parliament during a protest in central Athens last month. About 2,000 firefighters demonstrated against planned spending cuts by the center-left government, which is struggling to reform Greece's debt-ridden economy and plug a vast budget deficit. Prime Minister George Papandreou has ruled out pay increases for most civil servants this year, citing the state of the public finances, and says public sector hirings will be limited.