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.
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Posted by: Fred ||
06/10/2011 00:00 ||
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#1
Sad part is, they don't have to stay, we're going to go on the hook for their paycheck regardless.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.