InfoAnda - Greeks strike amid pain and anger over austerity |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Two Muslim guerrillas captured in southern Philippines | 6 December 2008
US recession shifts to business as GDP falls 6.1% | 30 April 2009
State Department answers for congressman’s criticism of Mexico policy | 20 September 2011

A123 auction to kick off with at least four bids | | 7 December 2012

Forum Views () Forum Replies ()

Read more with google mobile : Greeks strike amid pain and anger over austerity |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Green Business Legal Deals Earnings Summits Business Video Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia Afghan Journal Africa Journal India Insight Global News Journal Pakistan: Now or Never? World Video Politics Politics Home Front Row Washington Politics Video Technology Technology Home MediaFile Science Tech Video Opinion Opinion Home Chrystia Freeland Felix Salmon Jack Shafer Breakingviews George Chen Bernd Debusmann Gregg Easterbrook James Pethokoukis James Saft John Wasik Christopher Whalen Ian Bremmer Mohamed El-Erian Lawrence Summers The Great Debate Unstructured Finance Newsmaker MuniLand Money Money Home Analyst Research Global Investing MuniLand Reuters Money Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Life & Culture Health Sports Arts Faithworld Business Traveler Left Field Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Article Comments (0) Video Full Focus Editor's choice A selection of our best photos from the past 24 hours. Warning: Graphic content Full Article Follow Reuters Facebook Twitter RSS YouTube Read Moody's downgrades big banks on changed policy 21 Sep 2011 Britain's FTSE plunges on fears over global economy 4:08am EDT World stocks tumble 4 percent on recession fears | 11:49am EDT Congress flirts with government shutdown after bill fails 11:35am EDT "No boots on our ground": Pakistan warns U.S. 10:12am EDT Discussed 133 Obama to propose $3 trillion in deficit cuts 79 Geithner’s ”succinct” message irks Europeans 55 New York meetings open to avert Palestinian crisis Watched Human skin strengthened with spider silk can stop a bullet Tue, Sep 20 2011 Scarlett's naked pics, Tyler Perry is highest paid Wed, Sep 14 2011 Jim Rogers: Next global recession will be worse than 2008 Wed, Sep 21 2011 Greeks strike amid pain and anger over austerity Tweet Share this Email Print Related News Greek PM: new austerity only way to avert bankruptcy 10:44am EDT Analysis & Opinion How to prevent a depression The superpower vacuum Related Topics World » Greece » Related Video Greeks protest cuts as world looks on 8:28am EDT Euro zone data worst for 2 years Workers walk near a tram terminal station during a 24-hour strike in urban transport sector in Helleniko suburb near Athens September 22, 2011. Greece said it would deepen pension cuts, extend a painful property tax hike and put tens of thousands of workers on notice on Wednesday to secure a new injection of aid and save the country from bankruptcy.With public anger high over a belt-tightening campaign that is driving the country into a fourth year of recession, the powerful labour unions and public transport workers announced strikes starting on Thursday in opposition to the measures. Credit: Reuters/Yiorgos Karahalis By Lefteris Papadimas and Tatiana Fragou ATHENS | Thu Sep 22, 2011 11:49am EDT ATHENS (Reuters) - Greek workers staged a 24-hour strike on Thursday forcing the transport system to a standstill in protest against the government's intensified austerity drive to secure aid to save the debt-laden country from bankruptcy. About 1,000 members of Communist group MAS marched to parliament chanting "Resist" and "Plutocracy should pay for this crisis" as part of the first big nationwide rallies since June when daily protests ended in bloody clashes with police. Another 6,000 students, some carrying black flags and wearing teargas masks, and teachers joined them outside parliament, with union members expected to join them later. There was a big riot police deployment. Striking taxi drivers and bus, metro and rail workers meant commuters had to use their own cars, triggering kilometers-long traffic jams and stranding tourists at hotels in Athens' ancient city center. Unions said more strikes were planned. "The situation is dramatic, all major streets are jammed," said one traffic police official, who declined to be named. An air traffic controller stoppage delayed 100 flights by up to four hours and dozens more in an out of Greece were canceled. After a "troika" of EU and IMF inspectors made clear they were losing patience with the government's failure to meet the targets of a bailout and threatened to withhold aid, the cabinet agreed on Wednesday to front-load austerity measures in a strategy expected to win them more time and money. "For the troika at the moment it's enough and the measures will be approved by parliament. The troika will release the next tranche," Christoph Weil, a senior economist at Commerzbank, told Reuters. Greece must now confront the trickier issue of how to collect extra taxes and implement the painful measures although commentators said the fiery opposition of the past amongst some protesters had given way to weary resignation. Policymakers and economists fear a Greek default on its 340-billion-euro debt could set global markets tumbling and push other vulnerable euro zone members like Italy and Spain over the edge, risking plunging the West back into recession. The chairman of Goldman Sachs' overseas arm said on Thursday the Greek situation was a major threat to the euro, while Canada said it could trigger a global banking crisis if Europe did not get it under control. "WE HAVE NO HOPE" As well as cutting pensions and extending a real estate tax rise, the cabinet said it would put 30,000 civil servants in "labor reserve" this year, cutting their pay to 60 percent and giving them 12 months to find new work in the state sector or lose their jobs. "This is a policy we do not tolerate, we do not want. We are in continuous, total, permanent opposition to it," said Yannis Panagopoulos, president of private sector employees union GSEE, speaking on state NET TV. With the economy expected to contract by at least 5 percent this year, after a 4.4 percent slump in 2010, and unemployment at 16 percent and rising, most Greeks hold little hope austerity measures will help the nation emerge from crisis. "We are living in terror that we may lose our jobs, our lives. Even if these lay-offs are necessary, we are not being treated like humans," said Costas Andrianopoulos, 32, who works at the National theater. "They cut our wages and our pensions and we took it. But I don't believe any more that any of this is for the good of the country. We'll be sacrificed for nothing. We can't avoid default, We have no hope." The conservative opposition, which has a slim lead over Prime Minister George Papandreou's Socialists in opinion polls and has called for snap elections, maintained its refusal to cooperate with the government, which has irked EU leaders. TROIKA TO ATHENS NEXT WEEK "The euro zone's leading nations are nervous and are taking it out on us," Finance Minister Evangelos Venizelos said on Thursday, pursuing a familiar line that Greece is being made into a scapegoat for wider problems. "We must fully honor our obligations so that no pretexts can be used (against us)." The country remains bitterly divided between private sector workers who say a bloated state bureaucracy is strangling Greeks and public servants who say the biggest problems are political corruption and tax evasion. The new measures followed warnings from the EU and IMF inspectors that Greece must stop missing the targets of its five-year bailout plan or miss the 8-billion-euro ($11 billion) aid tranche it needs to pay salaries next month. After more than a year of Greece consistently falling behind on its commitments, the head of an EU taskforce helping Athens said on Thursday he now saw a greater willingness by Greek officials to put the reforms in place. But troika officials, wary of Greek government inertia, will be closely scrutinizing the latest proposals to see if they are sufficient to plug fiscal gaps and can be implemented swiftly, ahead of meetings between Venizelos and finance ministers and senior IMF officials in Washington this week. Government officials expected the measures to be passed by parliament in the next two to three weeks after they have been discussed with the troika team which is expected to return to Athens early next week to complete their review. (Additional reporting by Tatiana Fragou, Daphne Papadopoulou, Renee Maltezou, Karolina Tagaris,Ingrid Melander,; writing by Michael Winfrey and Peter Millership) World Greece Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Contact Us Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 22 September 2011
Rock band R.E.M. announces break-up
Natural disasters leave Lloyd's of London with losses of $1.09b
Obama plays peace maker, Jewish body lauds his stand
Pakistan polio outbreak spreads to China
Major banks downgraded as Fed leaves rates unchanged
Emotional David Nelson snares game-winner for Bills, celebrates with family
Chinese one-child policy to be focus of congressional hearing
Chirac's graft trial heads for likely dismissal |
Existing home sales increase 7.7 percent on foreclosure pricing
Preemies may face higher death rates as adults
Browns youngsters could help team get off to best start in years
Turkey-North Cyprus gas deal set to escalate tensions |
Full Tilt Poker rejects Ponzi allegations: lawyer |
Sprint CEO: 2011 targets exclude any iPhone launch |
U.S. judge sets February 13 for AT&T antitrust trial |
Wyse PocketCloud hits emerging mobile cloud market |
Defensive Brad Pitt calls Aniston a dear friend |
Glee debut loses TV fans but wins over critics |
Taylor Lautner's career sees new dawn with Abduction |
R.E.M call it a day |
Beatles' anti-segregation contract sells for $23,000 |
Housewives star Taylor Armstrong details abuse |
Elizabeth Taylor's designer clothes to be auctioned |
Palestinians to push U.N. bid despite Obama |
Two U.S. hikers convicted as spies leave Iran on bail |
Teen captures monster gator along St Lucie River using fishing rod
North Korea and U.S. look to another round of talks: report |
Kirilenko, Gajdosova cruise to next round at Landsky Lighting International
NHL great Mike Modano retires after 21 seasons
High school removes ‘Gossip Girls’ books on library for profanity
Three car bombs kill six in Russia's Dagestan |
Miguel Montero's two-run blast powers D-Backs over Bucs
Typhoon kills 6 in Japan, Fukushima nuclear plant not affected |
Indian earthquake prompts “wake-up call” for the Himalayan region
Libya rulers say they seize Gaddafi desert outposts |
Veteran forward Owen Nolan looking for one more shot with Canucks
Venezuela has proposed $1 billion compensation for Exxon |
HP may oust CEO, hire eBay veteran: source |
Hulu has more than 1 million paying subscribers: CEO |
Nokia appoints new CTO after Richard Green leaves |
EA wants Facebook's users, $3 billion in digital sales |
OnStar may be watching, even if you don't subscribe |
Softbank dives on report rival may also sell iPhone 5 |
Japan's KDDI in talks to sell Apple's iPhone 5: source |
Judge sets February 13 date for AT&T antitrust trial |
Samsung starts new chip line to boost flash memory |
Tony Bennett apologizes for 9/11 comments |
Oscar organizers crack down on movie campaigns |
R.E.M call it a day after 31 years, many hits |
No boots on our ground: Pakistan warns U.S. |
Greeks strike amid pain and anger over austerity |
Ex-Afghan president lured into deadly trap: survivor |
Fighting spreads in Yemen capital, seven killed |
France hands down its first burqa fine
Hargreaves has successful return to action for Man City in Carling Cup
Berlin greets pope with protests on tough German tour |
Shortest commute in Great Falls, Montanna
Syria crackdown risks sectarian strife: U.S. ambassador |
British PM to address Canadian Parliament
Miltary suicides linked to low levels of Omega-3 fats
TSA at Atlanta airport search woman's Afro
Chavez challenger wants Brazil-style changes |
Markets fall sharply on gloomy global data
Philippine telco mogul eyes purchase of national airline
Wisconsin quarterback Russell Wilson trying to follow in Weinke's footsteps
China steps up condemnation of U.S. over Taiwan arms |
Tesco initiates supermarket price war
Is HP competing for worst board ever honors? |
AT&T, T-Mobile hire legal all-stars to save deal |
Giant Interactive to invest $50 million in China's Alibaba |
Angry Birds to swoop on Formula One track |
Schwarzenegger to write unbelievably true memoir |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01