As riots paralyse Athens and the debt crisis threatens to bring down George Papandreou's government, we look at a growing threat to the eurozone itself
With the Greek government on the verge of collapse, and financial markets sliding, we look at the causes of a crisis that could threaten the stability of the eurozone.
Q: Greece has already received a rescue package, so why is there still a crisis?
Greece was handed a €110bn (£95bn) bailout deal just over a year ago. That was agreed after the financial markets lost faith in the country's ability to repay its debts, forcing European leaders and the International Monetary Fund (IMF) to step in and guarantee funding for the next few years. In return, Greece committed to wide-ranging public-sector cutbacks to bring its deficit into line.
But, just a year on, the picture has turned bleak: the austerity programme has hurt economic growth and sent unemployment up sharply. Greece has missed some of the financial targets agreed in return for the bailout, triggering another round of cuts.
Graeme Wearden and Phillip Inman
guardian
