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Page last updated at 07:09 GMT, Wednesday, 11 May 2011 08:09 UK

Greece at 'a very difficult stage'


A year on from the Greek financial bail-out, their economy is even weaker than expected, says economics editor Stephanie Flanders, and doubts are being raised about their austerity plan.

Greece has to prove it can "push through" the problems in order to secure more support from the IMF and eurozone, she says.

"All of the interest groups are at that stage where they're complaining that the government is not getting more money from other interest groups."

But Greek union leader Vassilis Xenakis says that after one year of austerity "there is no growth, no productivity, and no-body invests".

"The government comes again asking for more measures. Who can accept once again all these austerity measures without results," he says.

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