Greek teachers demonstrated this week outside government offices as the troika met again with the government. Teachers and others fear that the troika – made up of the International Monetary Fund, the European Central Bank and the European Union – is demanding further cuts in public services which have already been savagely shredded. The troika is withholding the next tranche of its bailout money until the government plugs the gap in its finances.

Teachers chanted slogans and waved banners outside the administrative buildings. The troika wants the government to cut the minimum wage still further and make a further 15,000 public servants redundant. The government is due to report tomorrow, Friday on what its plans are.

Since the beginning of the economic crisis, thousands of teachers have been made redundant, schools have been closed, class sizes have increased and education materials have been cut. Not only that but pensions and salaries have been cut. Poverty is rife in the country and youth unemployment is at 64%, meaning many young people feel they have no future in Greece. A young Greek school leaver taking her final exams at school is quoted in the UK Guardian: "I'm not sure about my future. I think I won't stay in Greece because there's high unemployment and bad salaries. A lot of kids my age feel the same. If we're here and nobody gets the life they want, why should we stay?"

It is the international bond holders, speculating on Greece's economy, who have brought the Greek economy to its knees – now they are being repaid, while ordinary Greek people, in particular the youth are paying the price in shattered dreams and poverty.