Business News
Fresh public transport strike cripples Athens
Dec 20, 2010, 12:57 GMT
Athens - Public transport workers in Athens again went on strike Monday, bringing the Greek capital to a standstill, in an ongoing series of one-day strikes aimed against a government austerity package.
Trains, trams, underground, buses and light rail all came to a halt, causing havoc for the city's 4 million residents.
Miles of traffic jams built up as many commuters still tried to make their way to work - with thousands ending up late.
The strike - which began at 6 am (0400 GMT) - was scheduled to last 24 hours, and is the eighth such strike in recent weeks.
Wages for public sector workers, such as public transport drivers, are due to be cut by between 10 and 25 per cent as part of the government's measures imposed after Athens received a joint European Union and International Monetary Fund bailout.
A draft budget for 2011 will be presented to parliament on Wednesday.
The ruling socialists have a narrow majority, holding 156 votes in the 300-member chamber.
Read more about Demos
COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
