The Greek crisis has now reached the point of a pre-revolutionary situation. On Sunday we saw the biggest demonstration in the history of Greece. Hundreds of thousands of people gathered to protest the reactionary deal before the Athens parliament. Here was the real face of the Greek people: workers and students, pensioners and shopkeepers, young and old, came onto the streets to express their rage.

Hundreds of thousands of workers, unemployed, pensioners and youth tried to gather On Sunday [February 12] in Syntagma Square and in the main squares of dozens of other cities across Greece, to protest against the government and the Troika. Sunday’s massive mobilisation was unprecedented, reflecting both widespread anger at the reduction in the annual income of workers by an equivalent of three months’ wages, the reduction of the "net" minimum wage to 410 euros (and to 320 euros for youth up to the age of 24) and the new reductions in pensions.

Tuesday's 24-hour general strike in Greece – the 16th day of general strike in the last two years – highlighted on the one hand the willingness to fight which exists within the working class and on the other, once again, the ineffectiveness of such strikes that are not part of a more general and coordinated and long-term struggle.

Yesterday, the former vice-president of the European Central Bank, Lucas Papademos was named as Greece's new prime minister. He is to lead a national unity government whose task is to implement sever austerity measures and then take the country to elections in February. We are publishing here an analysis by Greek Marxists as to what this means for Greek and European workers.

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