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Europe
Greek state-run workers stage walkout
2011-06-10
It's not like they were going to get any work done if they'd stayed on the job...
[Iran Press TV] Greek workers have walked out of the job to protest the government's harsh austerity measures and privatization plan, as the country struggles to meet the terms of its international bailout.

Ahead of the cabinet meeting, strikers marched through central Athens, AP reported on Thursday. The 24-hour general strike has paralyzed ports, post offices, banks, transportation and the media.

Greek Prime Minister George Papandreou is expected to approve harsher austerity measures for 2011-2015. The plan includes cuts and tax hikes this year, tougher austerity measures over the next few years and a 50-billion-euro privatization program.

Meanwhile,
...back at the Hubba Hubba Club, Nunzio had his hands full of angry bleached blonde...
a broader strike is scheduled for June 15.

Greece received a 110-billion-euro EU-IMF bailout loan last year as it faced a massive debt crisis but failed to resolve its financial problems. Greece has a debt of over EUR 300 billion. The Greek government has estimated an overall unemployment rate of 14.5 percent for its 2011 budget.

This comes as the introduction of a second bailout plan has only resulted in harsher austerity measures by the government, which aims to reduce the 2011 budget deficit by EUR 6.5 billion.
Posted by:Fred

#3  ...seize the means of production? Oh, wait, they already have. Never mind.
Posted by: Procopius2k   2011-06-10 17:33  

#2  Don't bail 'em out - let 'em sink. What will the "workers" do then?
Posted by: Barbara Skolaut   2011-06-10 16:38  

#1  Sad part is, they don't have to stay, we're going to go on the hook for their paycheck regardless.

Thanks, President Mensa!
Posted by: Thing From Snowy Mountain   2011-06-10 09:13  

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