ATHENS, Greece (CNN) -- While discussions go on about how to prevent the next financial crisis, in Greece they're still up to their necks in the current one and time is running out.

A general strike is being held today to protest demands by foreign lenders for still deeper budget cuts.

Flights are grounded, schools are closed and most transport is disrupted as demonstrations are held across the nation.

The protests put Greece's three-month-old government between a rock and a hard place.

The country is due to run out of money next month unless it can convince its creditors to release more bailout money.