Greece faces New Year debt woes - 04 Jan 10

Greece faces New Year debt woes - 04 Jan 10

With the global economy still struggling, the Greek government insists there is no danger of the country defaulting on its debt and needing a bail-out from partners in the euro zone.br  br It comes after panic hit the Athens stock exchange in December, when leading agencies downgraded Greeces credit rating after a sharp rise in the deficit. br  br In an attempt to restore confidence, the government has announced a freeze on wages in the public sector. br  br Barnaby Phillips reports from Athens.


User: Al Jazeera English

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Uploaded: 2012-05-31

Duration: 02:54