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Greek workers call one-day strike May 20

Posted By admin On May 12, 2010 @ 6:36 am In World News | Comments Disabled

Reuters [1]
Wednesday, May 12, 2010

ATHENS, May 12 (Reuters) – Greek workers on Wednesday called a 24-hour general strike for May 20, the latest in a series of protests against planned pension cuts linked to an international 110-billion-euro ($139.7 billion) bailout for Greece.

Public and private sector unions had initially called a strike for May 19, but decided later on Wednesday to move the walkout a day later, saying they did not want to hinder national university entry tests on the same day.


Greek workers call one day strike May 20 150410banner7 [2]

Unionists have vowed to stop the pension reform, a key condition in a financial rescue plan for Greece agreed last week with the euro zone and the International Monetary Fund (IMF).

The country’s socialist government unveiled a draft law on Monday that raises the average retirement age and pares back benefits to plug the pension system’s ballooning deficits.

Full story here. [1]

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URLs in this post:

[1] Reuters: http://www.reuters.com/article/idUSLDE64B18U20100512?type=marketsNews

[2] Image: http://www.homegain.com/housead/homes_for_sale/index?entryid=11502

[3] Greek vote would be on euro membership: Finnish minister: http://www.prisonplanet.com/greek-vote-would-be-on-euro-membership-finnish-minister.html

[4] Greek Debt Problems Unlikely to Spread: IMF Head: http://www.prisonplanet.com/greek-debt-problems-unlikely-to-spread-imf-head.html

[5] Greek Euro Exit Being Considered: Former PM Papademos: http://www.prisonplanet.com/greek-euro-exit-being-considered-former-pm-papademos.html

[6] Greek PM sees country in “Great Depression”: http://www.prisonplanet.com/greek-pm-sees-country-in-great-depression.html

[7] World Stocks, Crude Prices Fall After Europe Delays Greek Decision: http://www.prisonplanet.com/world-stocks-crude-prices-fall-after-europe-delays-greek-decision.html

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