Nightly News   |  October 05, 2011

Greeks protest austerity measures

Greeks protesting austerity measures clashed with police as a 24-hour general strike closed all government operations Wednesday. NBC’s Brian Williams reports.

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This content comes from a Full-Text Transcript of the program.

BRIAN WILLIAMS, anchor: And there's a lot of this going around. In Greece today, just about the entire country was shut down by protests over their ongoing debt crisis. Protesters clashed with police as a 24-hour general strike closed all government operations, including schools, mass transit, courts, air traffic control, even hospitals. They're protesting tax increases, pay cuts aimed at lowering Greece 's budget deficit, which is a condition for any more international bailout money, by the way. Without it, Greece will default on its debt, a possibility that has hit the American stock market hard in recent months.