360° Coverage : Anti-austerity strike hits Greece

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Anti-austerity strike hits Greece
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Anti-austerity strike hits Greece

Feb 20 2013, 8:06am CST | by

Athens, Feb 20 (IANS) Greece was Wednesday gripped by a one-day general strike, the first this year, in protest the austerity and reform programme introduced to lift the country up from a debt crisis.

Athens, Feb 20 — Greece was Wednesday gripped by a one-day general strike, the first this year, in protest the austerity and reform programme introduced to lift the country up from a debt crisis....

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1 year ago

Anti-austerity strike hits Greece

Feb 20 2013, 8:06am CST | by

Athens, Feb 20 (IANS) Greece was Wednesday gripped by a one-day general strike, the first this year, in protest the austerity and reform programme introduced to lift the country up from a debt crisis.

Athens, Feb 20 — Greece was Wednesday gripped by a one-day general strike, the first this year, in protest the austerity and reform programme introduced to lift the country up from a debt crisis.

Thousands of demonstrators marched in Athens and other cities during the nationwide mobilisation organised by the two largest labour unions -- GSEE and ADEDY -- representing most of the private and public sector workers as well as Left opposition parties, reported Xinhua.

The new strike, which brought a large part of public services and business to a standstill, comes ahead of a new audit by European Union and International Monetary Fund creditors next week that will determine the release of new rescue financing to Greece.

The debt-laden country is being kept afloat by bailout financing since 2010 in exchange of tough spending cuts and tax hikes, which have fueled unemployment, recession and reactions on the streets.

Government officials and lenders have argued that austerity was a necessity to avert bankruptcy and pledged development-boosting measures to exit the crisis.

Protestors responded that they have run out of patience and cannot afford more sacrifices.

"The harsh government policies push more people out in the streets to claim their rights," said Kostis, a student.

"No to further belt-tightening, yes to resistance and life with dignity," chanted strikers at Syntagma square outside the Greek parliament.

During the strike, public administration offices, banks, schools and stores were down, flights were grounded, ships remained docked and public hospitals ran on skeleton personnel.

Demonstrators argued that there were always alternative ways to distribute the burden so that poor households would no longer suffer from record high unemployment and poverty rates.

IANS

Source: IANS

 
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11

3 weeks ago

Adair Turner: Germany Is Wrong About Economics And 'Terrible Things' Threaten Europe Because Of It

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Lord Adair Turner, the chief financial regulator charged with herding Britain's shattered financial sector, sat down with Business Insider recently to give us his take on the state of the world economy. Yesterday, he told us why he believes the British economy is threatened by a chronic debt overhang that could push the country back into recession. The more debt a country has, the more it is exposed to changes in markets on which that debt is traded — with the nasty ...
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The European Commission's latest economic forecasts are grim. Overall, growth for the eurozone is expected to be 1.1% this year, down from the 1.7% in the spring forecast. But the headline stats hide the deep divisions among country outlooks. In particular, the huge divide in the prospects for the unemployed across Europe look set to last. On the one side, you have the eurozone's core countries, which have managed to boun ...
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Update
9

3 weeks ago

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Nicole Moore and 3-year-old Tayvier Granderson were struck Friday night while crossing Latta Road in Greece. The little boy died a ...
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Update
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3 weeks ago

Mortgage relief promised in Greece, as bad loans pile up

Nov 3 2014 5:50am CST | Source: Canadian Business Online

ATHENS, Greece – Greece’s government says mortgage holders could be allowed to pay discounted rates for up to 15 years, as part of a major effort to reduce the number of non-performing loans in the bailed-out country. Development Minister Nikos Dendias said Monday that the government hopes to finalize plans next month granting loan holders the right to effectively freeze payments on 30 per cent of the money borrowed to buy their home. The hope is that the property mark ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
Update
7

3 weeks ago

Thousands of Greeks rally in anti-austerity march on parliament

Nov 1 2014 12:25pm CDT | Source: Euronews

In Greece, thousands of demonstrators have taken part in an anti-austerity march. The protesters gathered outside the Greek parliament as the… ...
Source: Euronews   Full article at: Euronews
 

 
Update
5

4 weeks ago

Three-Year-Old Boy Hit and Killed on Latta Road in Greece

Nov 1 2014 4:37am CDT | Source: Your News Now - Finger Lakes

A three-year-old boy was killed and a 16-year-old girl badly injured when they were struck Friday night by a vehicle on Latta Road in Gr ...
Source: Your News Now - Finger Lakes   Full article at: Your News Now - Finger Lakes
 

 
Update
4

4 weeks ago

Two Pedestrians Struck on Latta Road in Greece

Oct 31 2014 9:59pm CDT | Source: Your News Now - Finger Lakes

A stretch of Latta Road near Dewey Avenue in Greece was closed following a crash Friday night, and police said that two ...
Source: Your News Now - Finger Lakes   Full article at: Your News Now - Finger Lakes
 

 
Update
3

4 weeks ago

Three-Year-Old Boy Struck and Killed on Latta Road in Greece

Oct 31 2014 9:59pm CDT | Source: Your News Now - Finger Lakes

A three-year-old boy was killed and a 16-year-old girl badly injured when they were struck Friday night by a vehicle on Latta Road in Gree ...
Source: Your News Now - Finger Lakes   Full article at: Your News Now - Finger Lakes
 

 
Update
2

4 weeks ago

Road Closed Following Crash at Dewey and Latta in Greece

Oct 31 2014 9:42pm CDT | Source: Your News Now - Finger Lakes

Stretches of Dewey Avenue and Latta Road in Greece are closed after a crash Friday night which crews on scene said involved a p ...
Source: Your News Now - Finger Lakes   Full article at: Your News Now - Finger Lakes
 

 
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1

4 weeks ago

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Oct 31 2014 8:17pm CDT | Source: Business Insider

Athens (AFP) - The Greek Orthodox Church says it will not provide religious rites for those who choose cremation, saying it disrespects the human body."The incineration of the body is not in keeping with the traditions and actions of the Church, for anthropological and theological reasons," the Church said in a statement.Cremation was only made legal in Greece in 2006 and there is still nowhere it can be carried out in the country.That has not stopped the Chu ...
Source: Business Insider   Full article at: Business Insider
 

 

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<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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