InfoAnda - Spain unions to battle pay cuts for civil servants |

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

Afghan unrest kills five police, 12 militants | 28 April 2009
Global PC sales slow in third quarter | 14 October 2010
Singapore Oct retail sales fall s/adj 2.1 pct | 15 December 2008

Oprah Winfrey's OWN network lays off 30 in restructuring | | 20 March 2012

Forum Views () Forum Replies ()

Read more with google mobile : Spain unions to battle pay cuts for civil servants |

Edition: U.S. Article Comments (0) Slideshow Save Email Print Reprints Most Popular Most Shared CORRECTED - WRAPUP 5-BP, accused of cover-up, says captures more oil 3:28pm EDT BP accused of cover-up | Video 3:37pm EDT Who's packing ERs? Not the uninsured 19 May 2010 U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 South Korea to take lead on next steps after attack: U.S. 2:38pm EDT UPDATE 1-Crystal to battle Lee for "American Idol" title 1:11am EDT Factbox: Reaction to South Korea boat sinking report 3:28am EDT Stocks tumble on euro-zone fears, reform woes | Video 4:38pm EDT WRAPUP 8-Uneasy peace in Thailand, uncertainties lie ahead 8:11am EDT UPDATE 5-Greek strikers march on parliament against cuts 9:11am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 Viagra could double risk of hearing loss 19 May 2010 Ninjas rescue student from muggers 3:12pm EDT Who's packing ERs? Not the uninsured 19 May 2010 BP accused of cover-up | Video 3:37pm EDT Generation Y: Educated, underemployed and in debt 19 May 2010 FDA: Glaxo, Merck vaccines OK despite pig virus 14 May 2010 After Facebook, Pakistan shuts down YouTube 4:25pm EDT South Korea to take lead on next steps after attack: U.S. 2:38pm EDT Can chocolate fight aging and make your skin glow? 11:00am EDT Analysis Korea tensions a mess for China The North Korean torpedo that killed 46 South Korean sailors is rupturing ties across the peninsula, but it is also damaging China's regional standing and its self-portrayal as a helpful broker between its neighbors. Full Article Tensions rise amid accusations Factbox: A storm of condemnation Scenarios: Regional dynamics change Spain unions to battle pay cuts for civil servants Carlos Ruano MADRID Thu May 20, 2010 4:35pm EDT Related News Factbox: Economic storm pounding euro zone stirs protests 8:52am EDT Spain's UGT union expects labour deal next week 4:49am EDT Timeline: Eurozone debt crisis Wed, May 19 2010 TIMELINE-Eurozone debt crisis Wed, May 19 2010 TIMELINE-Eurozone debt crisis Wed, May 19 2010 < 1 / 2 > View Full Size MADRID (Reuters) - Spanish unions Thursday promised to fight austerity moves in the courts after the Socialist government introduced a cut in public sector wages through a royal decree, bypassing parliament. World The UGT union, which was already planning a public sector strike on June 8, said it would contest the legality of such cuts at the center of plans for budget reductions of 15 billion euros ($18.62 billion) announced last week. "We are without doubt going to challenge this royal decree," Julio Lacuerda, a representative of Spain's second largest union UGT, told a news conference after meeting government officials to receive details of the pay reductions. "This is a complete mockery of our legal right to bargain," added Enrique Foussoul of Comisiones Obreras (CCOO), Spain's largest union. The government approved the austerity plan at its weekly cabinet meeting and an average 5 percent wage decrease this year for civil servants will take effect on June 1. "This package of measures aims to accelerate the reduction of the public deficit," Deputy Prime Minister Maria Teresa Fernandez de la Vega told journalists after the cabinet meeting. "My impression is that the unions want to make noise without calling a general strike, because a general strike would hurt the Socialist government deeply," said Pedro Schwartz, economics professor at the San Pablo University in Madrid. Legal experts doubted the unions would be able to successfully challenge the wage cuts, saying they would have to prove they were unconstitutional -- a tall order. Spain's government announced more spending cuts last week to accelerate a reduction in its budget deficit after the European Union and International Monetary Fund approved $1 trillion in emergency funds for weak euro economies. DEBT FEARS Traders have fretted that Spain could enter a debt spiral like Greece as it grapples with a budget deficit that swelled to 11.2 percent of gross domestic product last year. It has promised to cut the deficit to 3 percent of GDP by 2013. Last week's measures would aim to speed up the reductions in the budget deficit to 9.3 percent of GDP this year and then to 6 percent in 2011. Spain Thursday evening revised its forecast for its public deficit in 2012 down to 4.4 percent of GDP from a previous estimate of 5.3 percent, according to a government document. Economy Minister Elena Salgado also revised down growth forecasts for 2011 to 1.3 percent from 1.8 percent. The economy has been mired in its worst recession in decades and Economy Minister Elena Salgado said the measures would impact growth. The government lowered its growth forecast for 2011 to 1.3 percent from 1.8 percent previously but stuck by its forecast of a 0.3 percent contraction this year. Salgado also the government would introduce a tax on wealthy individuals at some stage but there were no concrete plans. "At the right moment we will present a proposal so that there is solidarity by those that have most," Salgado said, when asked about a special tax for the rich, adding such a measure would be temporary. Several government officials have said in recent days that a tax on the rich is under consideration. Separately Thursday, Spain sold 3.52 billion euros in 10-year bonds in what was seen as a well-received bond auction. "Bidding was very strong, and 3.52 billion euros is above the target issuance amount," said Peter Chatwell, a strategist at Credit Agricole in London. "Clearly some real money investors have pounced on this, and I would now expect this to further improve sentiment for Spanish paper." The CCOO and UGT have called a public sector workers' walkout against the cuts for June 8 and not ruled out further action, including a general strike. The unions and government are also heading for confrontation over labor market reform, which the government wants to complete by the end of May. (Reporting by Sonya Dowsett, Manuel Ruiz, Nigel Davis and Paul Day; Writing by Axel Bugge; Editing by Matthew Jones) World Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. 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. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week 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 Friday, 21 May 2010
Maliki attends Iraq leaders' lunch, Allawi abroad
Paris museum burglar grabs 120-million-dollar art haul
France sees majority backing for Iran sanctions
German '4G' phone auction raises over 4.3 billion euros
Google unveils platform to bring Web to TV set
Darfur rebels and army clash, peace hopes fade
US-TECH Summary
US team creates first 'synthetic life'
ETA suspect held in France 'is group's top leader'
Google, Sony, Intel join on Web television project
Blood diamond prosecutors seek to subpoena Naomi Campbell
Iran may cancel atom swap deal if sanctions passed |
German minister stresses privacy rights with Google chief
France's Sarkozy denies rift with Germany over debt crisis
Turkish planes bomb targets in Northern Iraq: Turkish media |
Judge issues arrest warrant for Lindsay Lohan
Paris police ban mass "Facebook aperitif" party
Sri Lanka's detained ex-army chief denies war crimes |
Libya plane crash black boxes flown to France |
India telecom firms pay heavy price for 3G prize
Microsoft chief sees software future in the Internet 'cloud'
Spain unions to battle pay cuts for civil servants |
Mitsubishi rolls out new electric car in Hong Kong
U.S. fails to describe wireless industry as competitive
German '4G' phone auction raises over 4.3 billion euros
Google unveils Internet television platform
Muslim concerns trigger Pakistani Web bans
US-TECH Summary
NKorea warns of war if punished for ship sinking
Wreckage of airliner seen on Afghan mountainside
Fix broken, inefficient US immigration system: Mexican leader
Veteran Myanmar opposition politician dies at 87
Annual US-China talks to focus on Iran, currency
Oil hits shore as BP scoops up 5,000 barrels a day
Indonesian film portrays Obama's early years
Ramos-Horta says East Timor finds peace at last
Thailand mops up, but fears of long-term strife
Google premieres Web television gamble |
Afghan militants holds talks in Maldives
Paris police ban mass Facebook aperitif party |
US lawmakers blast Toyota over defect probe
India's Jet Airways sees 11 percent profit rise
Cairn Energy to increase Indian oil project output
Toyota to 'voluntarily' repair over 22,000 compact cars
Asian nations must coordinate stimulus exit plans: ADB
China says 3,000 officials punished for construction graft
Celebrated Indonesian singer Gesang dies at 92
Lily Allen scoops top prizes at Ivor Novello Awards
Taiwan activists protest against China trade pact
US-ENTERTAINMENT Summary
Taiwan economy sees biggest growth in over 30 years
Rap mogul Suge Knight arrested in Los Angeles
Prosecutors seek Naomi Campbell testimony in Taylor trial
Lohan faces arrest after missing court date
Oil threatens French-speaking Cajuns, native Choctaw
Moscow mayor bans gay pride march: organiser
Second detained Iranian director on hunger strike
Lost fans abroad get quick finale broadcasts |
Lohan faces arrest after missing court date |
Sex and the City sequel takes on Middle East |
Rap mogul Suge Knight arrested in Los Angeles |
Prosecutors seek Naomi Campbell testimony in Taylor trial |
Epic French film treats Carlos the Jackal at Cannes |
Iran may cancel atom swap deal if sanctions passed
Europe finance heads mull tighter fiscal monitoring
South Korea vows caution over ship as North sees war |
Paris museum burglar grabs 120-million-dollar art haul
Google bringing Web to TV set
Early Thai election possible: finance minister |
US Senate passes historic Wall Street overhaul
Dell profit surges on revived business spending
Taliban attack Afghan police base camp: officials |
Android update turns Google phones into Wi-Fi hot spots
Looney Tunes Back In Action With New 3D Short, Television Series
Dow index suffers biggest drop in more than a year
Suspected Taliban blow up U.S. spies in Pakistan |
Google will 'fight' for AdMob: Schmidt
Dell Q1 Earnings Jump On Growing PC Sales
US cartoonist disavows 'Draw Mohammed' Facebook page
Three Britons killed in Pakistan over family feud |
BP Ordered To Switch To Less Toxic Dispersant, Admits More Oil Leaking
Annoyed by cellphones? Scientists explain why
U.S. Markets Continue Slide As European Debt Worries Remain
After Facebook, Pakistan shuts down YouTube
Mexican President's Speech To Congress On Drugs, Immigration Gets Mixed Response
New Chinese fighter jet expected by 2018: U.S. intelligence |
Swedish Internet provider to take filesharing case to supreme court
Wall Street Reform Bill Passes First Senate Hurdle
US-TECH Summary
Malawi gay couple sentenced to 14 years in jail |
MTV Picks Up "Teen Wolf" Series
Older Adults Who Don't Follow Medication Instructions Fall More
Google, Sony, Intel join on Web television project
Bomb blast in southern Afghan city kills civilian
Sri Lanka's detained ex-army chief denies war crimes |
Animals Die In Fire At Berkeley Shelter
Rights group offers evidence of Sri Lanka war crimes
Democrat Chief Kaine Takes Stock, Announces All Out Effort For Midterm Elections
Spain unions to battle pay cuts for civil servants |
2 Ark. police killed during traffic stop on I-40
SKorea calls for cautious response to ship sinking
Canada's 'Prince of Pot' extradited to US
Taiwan writer held at World Expo over t-shirt: report
US top spy quits after intelligence failures
Early Thai election possible
Louisiana marshes hit by Gulf oil slick
Suspected Taliban blow up "U.S. spies" in Pakistan
Clinton starts Asia tour as N.Korea tensions rise
US top spy quits 'with deep regret'
Another Foxconn worker dies in China; 8th in 2010
Obama's intelligence czar to resign: US official
South Korea vows caution over ship as North sees war
Thailand picks up the pieces after deadly conflict
Google premieres Web television gamble |
Toyota recalls Lexus cars in Japan, US to follow
Excessive rise of yen undesirable: Japan FM
Japan's economy 'starting to recover moderately': BoJ
PAKISTAN
Japan central bank keeps interest rates unchanged
S.Korea sees limited market impact from tension with North
Indonesians fear for 'Reformasi'
Lindsay Lohan dodges arrest warrant
Indonesian film portrays Obama's early years
PetroChina shares fall after investment plan announced
Filmmakers planning Comic-Con documentary
NZ consumer confidence perks up in May
US, EU irked by stalled Japan Post privatisation
"Scream 4" lures "Twilight" and "Heroes" vets
Toyota teams up with Tesla to make electric cars
Ten years on, Israel wrestles with Lebanon pullout
Latest "Shrek" sequel eyes $100 million opening
Usher replaces Eminem atop singles chart
"Glee," Rolling Stones eye top of albums chart
Mike Leigh and monks vie for top Cannes film prize
Arrest warrant lifted for Lindsay Lohan |
Simon Cowell speaks of depression, admits mistakes |
Latest Shrek sequel eyes $100 million opening |
Buzz in short supply at Cannes |
Filmmakers planning Comic-Con documentary |
Glee, Rolling Stones eye top of albums chart |
Scream 4 lures Twilight and Heroes vets |
Lost fans abroad get quick finale broadcasts |
Usher replaces Eminem atop singles chart |
Iran sanctions won't stop missiles
Euro rescue package clears German parliament
British Airways reports record annual loss of £531m
Police hunt Paris art thief after $120 mln heist
Wreckage of Afghan plane, bodies found: minister
Bosnian police in major organized crime crackdown |
Sony, Samsung meeting seen focusing on LCD panels
Israeli army kills 2 armed Palestinians from Gaza |
Police break Vietnam immigrant trafficking ring |
South Sudan swears in first elected president |
Spain court convicts 3 ETA members of airport bomb |
Iran sanctions won't stop missiles: Russian senator |
Sony, Samsung meeting seen focusing on LCD panels
Colombia presidential race tight days before poll |
PM calls for reconciliation to heal Thai divide
No survivors found at Afghan airline crash site
AP INVESTIGATION: Texas man faked way into Army
Wall St plunge triggers Asian turmoil
Clinton starts Asia tour as N.Korea tensions rise
Clinton: NKorea must face consequences for attack
Group presents new evidence on abuses in Sri Lanka
US to work closely with new Philippine leader
103 arrested in Indonesian election protest
Taiwan zoo expects no panda cubs before 2011
Sony, Samsung meeting seen focusing on LCD panels |
Pepsi to invest $2.5 billion in China
Another Foxconn worker dies in China; 9th in 2010
Pakistan stocks, o/n rates down; rupee weakens
Up in smoke: Indonesian child-teen smokers rising
France-Algeria war film sparks Cannes protests
Abbott buys unit of Piramal Healthcare for $3.7B
US says preparing to ease high-tech export controls
Jackson fans to spend night among his possessions
Rising yen casts shadow over Japan recovery
Cannes stars turn out for glitzy AIDS charity bash
Rock 'n' roll nostalgia is sure seller at Cannes
US presses Beijing on clean-energy market access
Cuban drag queens take to the stage
Japan central bank keeps interest rate unchanged
Clinton: US condemns N.Korea sinking of South's ship
U2 frontman Bono undergoes surgery |
Algerian independence film stirs protest at Cannes |
Jackson fans to spend night among his possessions |
Cannes stars turn out for glitzy AIDS charity bash |
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		BlogMeter 1.01