Greece's main union on Thursday called for a strike in Athens next week as the government upped pressure on labour unions to accept wage cuts to avert bankruptcy. The GSEE union said Tuesday's strike would send a "strong message" to the government, employers and Greece's institutional creditors "who are planning new and harsher anti-labour measures." GSEE said it would join forces with smaller Communist labour groups that had originally called the strike earlier this month. The government has called on unions and employers to revise wages to boost competitiveness at a time when the economy is facing its worst recession in decades. Prime Minister Lucas Papademos has warned that labour cuts are among measures that will determine Greece's economic survival, as they are tied to European and International Monetary Funds keeping the country afloat. The unions counter that the recession is a direct result of austerity measures followed for nearly two years under EU-IMF supervision. Auditors from the EU, the IMF and the European Central Bank are expected in Athens next week for talks on a 130-billion-euro ($166-billion) eurozone bailout that will keep the country from defaulting on past loans in March.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor