Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

No strategy and a beige suit

Read more

THE WORLD THIS WEEK

The World This Week - 29 August 2014 (part 2)

Read more

THE WORLD THIS WEEK

The World This Week - 29 August 2014

Read more

ENCORE!

Alain Choquette: A Hilarious Magician in Paris

Read more

FOCUS

France welcomes Iraqi Christian refugees

Read more

FRANCE IN FOCUS

Emmanuel Macron: A new economy minister with a pro-business agenda

Read more

THE OBSERVERS

More of this year's best Observers stories

Read more

#TECH 24

Changing the world, one video game at a time

Read more

IN THE PAPERS

Socialist Party summer conference kicks off in explosive atmosphere

Read more

  • Kerry calls for 'coalition of nations' to battle IS militants

    Read more

  • EU leaders meet in Brussels to seek a response to Russia

    Read more

  • Exclusive: Fabius warns Russia of more sanctions

    Read more

  • IMF backs Lagarde amid French corruption probe

    Read more

  • Ebola drug ‘ZMapp’ heals all monkeys in study

    Read more

  • Lesotho army seizes police HQ, jams radio stations

    Read more

  • British killer escapes from French psychiatric hospital

    Read more

  • Police hunt for British boy with brain tumour taken to France

    Read more

  • Ukraine to relaunch NATO membership bid

    Read more

  • Suriname leader’s son pleads guilty to courting Hezbollah

    Read more

  • Mapping Ukraine: Canada and Russia in ‘tweet for tat’ row

    Read more

  • France shines in IMF list of world’s promising economists

    Read more

  • Chelsea’s Torres set for AC Milan switch

    Read more

  • First case of Ebola confirmed in Senegal

    Read more

  • Obama has 'no strategy yet' against IS militants in Syria

    Read more

  • Netflix to woo French with ‘House of Cards’ set in Marseille

    Read more

  • French businesses ‘hoping for a new Thatcher’

    Read more

  • The deleted tweets of Manuel Valls

    Read more

  • Libyan PM resigns as Islamists set up rival administration

    Read more

  • Syrian refugees surpass three million, UN says

    Read more

  • UN says 43 peacekeepers captured in Golan Heights

    Read more

Europe

Austerity strike set to paralyse Greece

Video by Nathalie SAVARICAS

Text by News Wires

Latest update : 2011-10-05

Thousands of state workers are set to strike across the country Wednesday in protest at the government’s austerity measures. This is despite the government’s call for people to rally behind its efforts to stave off bankruptcy.

REUTERS - Airliners will be grounded, trains halted and tax offices shut when Greek state workers strike against austerity measures on Wednesday, defying a plea by the government to rally behind its effort to fend off national bankruptcy.

Some state schools will close and hospitals will have only emergency staff in the first nationwide strike against EU/IMF-prescribed salary cuts and layoffs after a summer lull.

The country’s main labour unions ADEDY and GSEE expect hundreds of thousands of people to strike and thousands to take to the streets.

CAPITAL ON SHUT DOWN MODE

“Unfortunately the new measures are just extending the unfair and barbaric policies which suck dry workers’ rights and revenues and push the economy deeper into recession and debt,” GSEE spokesman Stathis Anestis told Reuters.

“With this strike, the government, the EU and the IMF will be forced to reconsider these disastrous policies.”

The Greek government shocked international financial markets this week by announcing that it would miss 2011 deficit targets set as conditions of a bailout aimed at staving off bankruptcy.

Finance Minister Evangelos Venizelos said on Tuesday Greek finances for this year could slip still further if the country failed to rally round the reforms and show “national cohesion and solidarity”.

State workers, students and pensioners will start gathering in central Athens at 0800 GMT. A few hours later they will march on Syntagma Square and protest outside parliament.

IN DEPTH

Communist union group PAME is expected to stage a separate rally. Police, fire brigade and coastguard unions said they would join the central Athens demonstrations.

Government “panicking”

The country’s main labour unions, representing about half Greece’s 5 million-strong workforce, have staged repeated strikes since Greece asked the European Union and the International Monetary Fund for a 110 billion-euro bailout.

They say a new wave of salary cuts and pension reductions, tax hikes and layoffs announced last month are hurting only the poor and pushing the economy deeper into recession. They have called a general strike on Oct. 19.

Workers at state utilities marked for privatisation, such as dock workers at the country’s ports in Piraeus and Thessaloniki and Public Power Corporation and OTE Telecoms employees, will join the strike on Wednesday.

“The government is panicking and has no strategy,” said Thessaloniki port unionist, Fani Gourgouri. “These measures are only extending poverty. We’d be willing to shoulder the cost and say ‘yes’ to austerity if they proceeded with reforms that would create jobs instead of cutting them.”

About 1,000 police will be deployed in central Athens on Wednesday, a police official said, fewer than in similar anti-austerity protests in June, when 100 were injured during clashes with riot police.

Analysts say the ruling Socialists, who face dissent within their own ranks and lag behind the conservative opposition in polls, must implement the EU/IMF-prescribed reforms to send a message at home and abroad that sacrifices are being made.

“I expect a lively and big protest tomorrow, but not violence like the riots in 2008,” said Theodore Couloumbis of the ELIAMEP think-tank. “The government is not expected to change course.”

Date created : 2011-10-05

  • GREECE

    Missed targets cast doubt on Europe's recipe for Greece

    Read more

  • GREECE

    Stocks dip on news Greece will exceed deficit target

    Read more

  • GREECE

    Greece to miss deficit targets despite austerity measures

    Read more

COMMENT(S)