InfoAnda - Thousands demonstrate as new strike cripples Greece

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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search ADVERTISEMENT Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Photos Sitemap Thousands demonstrate as new strike cripples Greece AFP - Friday, July 9 Send IM Story Print Thousands demonstrate as new strike cripples Greece ATHENS (AFP) - – Debt-hit Greece was crippled Thursday by an anti-austerity strike that disrupted flights, trains and holiday ferries as thousands demonstrated in Athens and other cities. More than 80 international and domestic flights were cancelled and 110 were delayed when air traffic controllers joined the strike, aviation officials said. No trains ran, city buses were off the streets and all ships were also blocked in ports. Tourists were warned that ferry departures would be put back to Friday. The public administration, hospitals and state companies were all badly hit by the 24-hour protest. Some 12,000 people according to police marched through the capital with banners attacking the International Monetary Fund and the European Union which are involved in a loan bailout unpopular with many Greeks. Another 5,000 had earlier demonstrated in the northern city of Thessaloniki, local police said. The demonstrators accused Greek Prime Minister George Papandreou of shielding big business interests from bearing the brunt of state spending cuts which have hit civil servants, private employees and pensioners. "Georgie, you said there was money to spare, but you gave it all to bankers and bosses," the demonstrators chanted outside parliament, many of them wearing red caps and blowing whistles. The IMF, the EU and the European Central Bank recently extended a huge loan to save Greece from a damaging debt default, but extracted tough austerity measures which have sparked a series of strikes and protests. Thursday's general strike, the sixth since February, was called by the GSEE labour confederation for the private sector, Adedy for government employees and the communist confederation Pame. It came a day after the Greek parliament increased the retirement age to 65 from 60 and cuts pensions by an average of seven percent as part of a pensions reform law aiming to save billions of euros. The new law is the latest in a series of measures taken to ease the country's debt crisis which has rocked international markets. But the head of the largest union GSEE said workers had no intention of giving up the fight. "Social and retirement rights are not erased, not even by the passing of a law," GSEE chairman Yiannis Panagopoulos said. "Our fight for these rights will be long, and we will use every means at our disposal to overturn these unacceptable...and anti-social measures," he said. Another vote on the law's separate statutes will be held on Thursday while a similar reform specifically for civil servants will pass before parliament next week. The government agreed to press through the measures in return for a 110 billion euro (134 billion dollar) rescue loan from the European Union and International Monetary Fund. Greece is struggling under debt approaching 300 billion euros. Its public debt has been estimated at 13.6 percent of gross domestic product. Recommend Send IM Story Print News Search Top Stories IMF presses US to cut debt ECB key rate remains same amid bank concerns ECB keeps main interest rate steady: spokesman Thousands demonstrate as new strike cripples Greece General strikes hit Greece and Portugal More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Germany's 'Octopus oracle' keeps perfect record Hollywood star Lindsay Lohan jailed for 90 days German industry hit by sudden fall in orders Paris Hilton arrested after Brazil World Cup match: reports IMF's global growth forecast amid financial shocks More Most Viewed » Reclusive top mathematician turns down prize, again Germany's 'Octopus oracle' keeps perfect record Aussie men shoot each other in buttocks 'to see if it hurts' Amputee cat gets bionic legs Fans gather for Michael Jackson death anniversary More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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