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 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor