Quantcast
Home » Topics » austerity measures (Page 2)

Top Greek union calls austerity strike

Greece’s main union on Thursday called for a strike in Athens next week as the government upped pressure on labour unions to accept wage cuts to avert bankruptcy. The GSEE union said Tuesday’s strike would send a “strong message” to the government, employers and Greece’s institutional creditors “who are planning…

Portuguese workers strike over austerity measures

LISBON — A general strike against austerity measures grounded flights and paralysed public transport in Portugal Thursday as workers protested a tough 2012 budget aimed at helping the country pay its debt. Authorities cancelled nearly all flights in and out of the nation’s main airports, the Lisbon metro came to…

‘Occupy Wall Street’ protesters march on Brooklyn Bridge after clashes

Updated with video, below… Thousands of Occupy Wall Street protesters marched across the Brooklyn Bridge Thursday after earlier clashes with police led to over 200 arrests on the two-month anniversary of the anti-capitalist movement. The evening march, which took place without incident, was a show of force for the Occupy…

Eurozone crisis likely to hit Asia growth: ADB

The eurozone debt crisis will hit growth in Asia’s developing economies this year and next as the key trade zone cuts back export orders, a senior Asian Development Bank official said Monday. In September, the bank forecast developing Asia, excluding Japan, Australia and New Zealand, would grow at a rate of 7.5 percent in both…

Portugal public workers, soldiers protest against austerity

Portuguese civil servants and soldiers staged an anti-austerity protest in Lisbon on Saturday, a sign of the rising social tensions in debt-hit Portugal over deep cuts in spending. The country’s two main public workers unions, the CGTP and UGT, organised the march through the streets of the Portuguese capital to try “to prevent the…

New Greek government offers no austerity relief

ATHENS (Reuters) – Greece’s new cabinet may last a month or two longer than planned, a senior government official said on Saturday, but whatever happens Greeks should not expect any relief from the tough austerity measures they have endured for two years. A national unity government, led by technocrat Prime…

Italian senate approves budget as Berlusconi era draws to close

ROME (Reuters) – Italy’s Senate approved economic reforms intended to reverse a collapse of market confidence on Friday, kicking off a rapid transition that will end the Berlusconi era and clear the way for an emergency government within days. The package of austerity measures demanded by the European Union will…

London students march amid heavy police presence

Thousands of students marched through London against cuts in university funding as a massive police operation prevented a repeat of the violence at similar protests a year ago. Organisers said 10,000 people joined the march on Wednesday through the heart of the financial district in protest against the government’s tripling…

Euro crisis ‘could lead to social unrest’

BERLIN — The eurozone debt crisis could lead to a decade-long recession and rising social unrest, the International Labour Organisation (ILO) has warned, according to a German media report on Sunday. “The next few months will be decisive in terms of avoiding a dramatic decline in employment and a further…

Greek protesters block annual military parade

Bu George Georgiopoulos and Daniel Flynn ATHENS (Reuters) – Greeks protesting at austerity measures demanded by foreign lenders blocked a major national parade on Friday to commemorate Greek resistance in World War Two, shouting “traitors” at President Karolos Papoulias and other officials. The protest in Thessaloniki was echoed at smaller…

Page 2 of 41234
Google+