share: digg facebook twitter ATHENS, Greece (AP) — Greece faced power outages on Monday as employees at the main power utility began 48-hour rolling strikes to protest the company's privatization, part of austerity plans needed to avoid a national debt default. The power company, known by its acronym DEH, said nine small and large thermoelectric units were already offline as of Monday morning due to the strike, and appealed to consumers to limit their use of electricity, particularly during the midday heat, when air conditioning use is at its peak. Talks between Papandreou and the head of the conservative opposition party, Antonis Samaras, on forming a coalition government had collapsed two days earlier while an anti-austerity rally and demonstration degenerated into riots on the streets of Athens. European officials fear a default by Greece could set off a chain reaction that would shake Europe's banking system and economy, and drag down other financially troubled eurozone countries such as Portugal, Ireland and Spain.
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