Tuesday, December 14, 2010

Greece Faces Week of Unrest

Wall Street Journal
December 13, 2010

Greece's unions are planning a storm of protests this week as the Socialist government scrambles to meet commitments at slashing its 2011 budget deficit and overhauling the country's labor laws and unprofitable state-owned enterprises.

Beginning Monday, public transport workers have vowed a series of work stoppages and 24-hour strikes through the week that are expected to bring traffic chaos to the capital.

At the same time, bank workers, journalists, air-traffic controllers, state-television employees and rail workers are also joining in with separate disruptions this week, and Greece's two biggest unions—private sector GSEE and public sector ADEDY—will hold a 24-hour general strike Wednesday.

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