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Thursday, June 23, 2011

Growing Social Discontent Abroad

Organized social discontent in Greece offers a preview of things to come in various states across America.

Headline: Greek unions call general strike for June 28, 29

Greece's largest labor union has called a 48-hour general strike for June 28 and 29 to protest against a new euro28 billion ($41.6 billion) austerity package due to be passed in parliament next week.

The General Confederation of Greek Workers, or GSEE, said Thursday that it called the strike to press demands for a change in policy by the country's beleaguered Socialist government.

International bailout lenders say the new package is a condition for receiving continued funding.

Greece's new finance minister is meeting Thursday with a delegation of debt inspectors from the European Union and International Monetary Fund to put the finishing touches on the new austerity measures -- expected to impose more cross-the-board tax hikes.


Source: finance.yahoo.com

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