Greek parliament bill leads to riots in Athens

Any issue involves a disagreement that is taking place in an open forum. A current event that qualifies as a world issue is the measures demanded by bail-out creditors to save Greece from bankruptcy, along with its side effects. It is a world issue because of the strong dissent of Greek citizens. Greece’s economy has been suffering for the past few years, and now has reached a point of no return. Greece has put themselves into a position of panic with virtually no options. With this being said in order to maintain their country and not claim bankruptcy they must take the 170 billion dollars from the International monetary fund and Greece’s European partners. In result, Greece now must slash minimum wage by one fifth as well as axed one in five civil liberty jobs causing severe panic within the country. In turn, the citizens have responded by burning libraries and banks causing riots in Athens. This is a Type 2 world issue because the issue that has been raised has no respect for boundaries and is going to affect the world’s economy. Since Greece’s economy is in trouble, it in turn concerns the world, since its effects may be carried out around the world. Greece has reached the point where they shall no longer be apart of the European Union which in turn effects the world’s trade and economy. In addition, by minimum wage being cut it will set a strong precedence of no longer needing high minimum wage rates and when in need to cut costs from their citizens. The citizens in Greece do no agree with the bill passed and are taking action against parliament.

The stakeholders categories involved in this world issue are somewhat inter-related but revolve around economics and politics. Since Greece is major dept and is in the process of declaring bankruptcy it allows for this world issue to arise. This is due to the fact that a bill has to be made to aid Greece’s economy. In addition, the bill had to be voted where there was a strong decent applied by the two main collation members (majority socialists and the conservative new democracy party). Therefore, due to the two main inter-related issues, it is very difficult to resolve the issues in Greece, in order to stop the violence.

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