Greece set for anti-austerity general strike

Wednesday, September 26, 2012
By Paul Martin
25 September 2012

Trade unions in Greece have called the first general strike since the conservative-led coalition government came to power in June.

Wednesday’s 24-hour walkout is to protest at new planned spending cuts of more than 11.5bn euros ($15bn; £9bn).

The savings are a pre-condition to Greece receiving its next tranche of bailout funds, without which the country could face bankruptcy in weeks.

Large anti-austerity demonstrations are also planned.

Greece needs the next 31bn-euro instalment of its international bailout, but with record unemployment and a third of Greeks pushed below the poverty line there is strong resistance to further cuts.

The government of conservative Prime Minister Antonis Samaras is also proposing to slash pensions and raise the retirement age to 67.

Fears of violence

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