Strikes are expected to take place in Greece where almost 48% of Greeks are angry and may go for a public protest ahead of the EU and IMF meeting next week in Athens as Greeks predict more austerity measures from the IMF through wage cuts and tax increase after the 45 billion euros aid. The incline in Greece's financial costs called for an emergency meeting that was supposed to start today but was delayed due to ash clouds spilling over European skies. The debt-laden economy will need nearly 12 billion euros in May after raising 10 billion for to cover debt in April. Greece is struggling to cut its sovereign debt to 8.7% this year from 12.9% then to 3% ceiling set by the EU by 2012.
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