Here are some excerpts from the reporting by libcom.org's on the ground citizen-journalist-activist "Taxikipali". (Please don't be overly concerned about issues of "copyright" and "fair use", both Taxikipali and Libcom are of an ideological position that totally supports the freest distribution of information.) The description of events, the sudden torrent of popular radicalism, the sharing of social and political space by students and workers, by leftists of all shades, the militance across the broadest range of social, economic and political issues is strikingly reminiscent of France in May, 1968:

The strikes come at a critical time for the greek economy which saw a second degrading in ten days in terms of its credit, this time by the Standard & Poor’s group. The second degrading came as international finance centres claimed the austerity measures announced by the belleagured government are not likely to produce adequate results. Due to the media strike news about Thursdays developments remain scarce

The broadest sections of the working classes have joined the strike waves, from media personnel to garbage collectors, school teachers to doctors to dockworkers and cabbies:

Kindergarden and Primary school teachers have been on strike since the 16/12. The teachers formed a demo outside the Ministry of Education demanding 1400E minimum wage, no hour-work schedules, and 2 years free and obligadory kindergarden education for all children. The union has refused to engage on "tabula rasa" dialogue with the ministry. The general union of teachers of all grades joined the strike on Thursday. Taxi drivers have gone on strike in Athens after one of their colleagues was arrested for carrying two sans-papier immigrants. The taxi drivers are demanding the abolition of the law that demands taxi drivers to ask for papers from immigrants that ride on their vehicles, and the immediate release of their colleague. All hospital doctors across the country have gone on strike on Thursday and all intensive care units remain closed. In Peiraeus, talks were concluded on Tuesday regarding the leasing of the Second Pier of Peiraeus to COSCO which was agreed on a bases of 69 million euros collective compensation to the workers, an amount that has created a storm of political accusations by the opposition. Nevertheless the Mechanics Union of the Merchant Fleet has gone on a "warning strike" on Thursday demanding a minimum 1400E salary. Geologists, designers and mechanics have also joined the strike demanding that "we do not pay their crisis"

In the mounting social chaos, the far right has also taken to the streets, but is being met with stiff popular resistance:

In Chania the immigrants social centre and a house of a comrade came under arson attack by neonazis who painted swastigas on the walls of the social centre. There were no human injuries and minimal damage on both buildings. The attack comes as an escalation of parastate violence in the Cretan city, after warnings (or threats) by the minister of public order that left and anarchist violence will result in extreme-right terror attacks. A protest march has been called by greens, immigrant groups, anarchists, left wing parties, animal rights groups and the local teacher’s union for Thursday night against parastate-fascist terror. In Athens, an effort by the extreme-right parliamentary party LAOS to set up a racist local committee with the purpose to purge African immigrants from Amerikis Square was countered when triple the number of antiracists and antifascists responded to the call. The MP of LAOS has to take refuge amidst heckling and the attempts to revamp the vigilante plans that have been degenerating in the nearby Agios Panteleimonas square since the end of the summer were temporarily at least contained.

UPDATE: H/T to conchita for directing my attention to this diary by gjohnsit from Monday, which fills in much of the economic background information.