To help, i’ve translated an article from a greek news paper, Ethnos. With the help of Yahoo!’s Babel Fish.
It sounds like, the administration in Greece, is going to try to basically do everything possible to correct their fiscal situation.
I’m slightly in awe, and almost disbelief, in the following:
…most Greeks back the government’s economic policy and consider the fiscal measures announced as necessary and fair, according two polls published in the weekend.
In a survey conducted by pollster Kapa Research and published on newspaper To Vima on Sunday, some 64 percent of participants said the measures were essential.
But 30.4 percent said the steps were not enough to help curb Greece’s borrowing costs and avert a further rating downgrade of the country.
That quote is from this piece, from reuters, “Greece sticks to austerity plan“.

End of Global Petrol Subsidies
While Washington moves towards action, New Delhi is talking about it…
Governments know, they won’t be able to afford it, forever. Now is a good time to slip the legislation by the voters under the guise of reducing deficits.
Citizens in countries that don’t have similar subsidies in place, will end up feeling a little breathing room and end up consuming more oil sooner.
Countries that force their citizens to start and shoulder the volatility and global prices for energy, will end up struggling out of the recovery even more, and reduce consumption patterns immediately.
Net impact? Bearish for price in the short-term, but it could mean higher consumption rates in the interim. Leading to that inevitable price climb sooner.