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Greek Workers Strike Over Austerity Rules
Tuesday, May 04, 2010
Greek public sector workers hit the streets today, opposing new austerity measures that Greece's parliament is expected to vote on this week.
The BBC reports that the international community wants Greece to implement wage freezes, pension cuts and tax increases in exchange for a loan of €110 billion, or $145 billion. The rules are meant to save Greece €30 billion in the next three years and reduce the country's deficit to less than 3 percent of the gross domestic product by 2014.
But Greek union leaders say freezes and cuts aren't the answer. "There are other things the [government] can do, before taking money from a pensioner who earns €500 ($661) a month," the leader of the public servants' union told Greek private television.
Thousands of workers, students and teachers carrying flags and banners protested the cuts outside parliament today. Workers have a national strike planned for tomorrow.