Posts Tagged ‘Strike’

The Extinction Protocol

November 7, 2012GREECEGreece’s coalition government hopes to overcome its own divisions and defy protesters’ fury at parliament’s gates on Wednesday to push through an austerity package needed to secure an injection of aid and avert bankruptcy. Prime Minister Antonis Samaras is expected to narrowly win support for the cocktail of budget cuts, tax hikes and labor reforms. The smallest party in his conservative-liberal coalition will oppose the measures, leaving him with a margin of just a handful of votes. Tens of thousands of union workers plan to descend on the assembly in a second day of a nationwide strike that has brought most public transport to a halt and shut schools, banks and government offices. Backed by the leftist opposition, unions say the measures will hit the poor and spare the wealthy, while also deepening a five year recession that has wiped out a fifth of…

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