Wednesday, May 5, 2010

GREECE TRANSPORT HIT BY STRIKE


Transport in Greece has come to a standstill following a nationwide general strike in protest against planned spending cuts and tax rises.

Planes, trains and ferries are at a standstill as transport workers joined public workers in their 48-hour strike that started yesterday.

According to media reports flights in and out of Greece stopped at midnight, while trains and ferries were not running in the morning.
The Greece government over the weekend agreed that it would cut spending and hike taxes in return for US$143 billion loan from eurozone countries and the International Monetary fund.

The government now plans to cut 13 and 14th month bonus pay for civil servants and retirees and raise the retirement age for women to 65, the same age as required by men for pension payouts.

Mass protests are planned in Athens before passing through the city.Schools and hospitals are also expected to remain shut.

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