September 26, 2011
The spectre of bankruptcy is hanging over Greece , with the prospect of hundreds of thousands of civil servants going unpaid next month, as eurozone finance ministers refused to put a date on the release of a crucial €8bn (£6.9bn) cash infusion for the country.
The Greek prime minister, George Papandreou, is holding critical talks with Angela Merkel over dinner in Berlin tonight, while another cliffhanger looms as Greek MPs vote on a property tax announced by his administration in a desperate bid to plug a €2bn budget black hole. In an atmosphere of growing uncertainty, the beleaguered government also faced a barrage of strikes launched by transport unions fiercely protesting against further austerity measures.
Anger with Greece over its failure to properly implement reforms in return for a €110bn bailout from the International Monetary Fund, European commission and European Central Bank in May 2010 led inspectors from the "troika" to abruptly suspend a visit to Athens this month.
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