Arab Today, arab today greek govt introduces austerity bill amid mass strikes
Last Updated : GMT 09:15:11
Arab Today, arab today
Arab Today, arab today

Greek govt introduces austerity bill amid mass strikes

Arab Today, arab today

Arab Today, arab today Greek govt introduces austerity bill amid mass strikes

Athens - AFP

Greece\'s government introduced a new austerity bill Monday needed to get a creditor lifeline for the cash-strapped nation, where public transport and media workers went on strike to protest the new cuts. Lawmakers will hold an emergency vote Wednesday on the 1,500-page bill, which proposes 18.5 billion euros ($23.6 billion) in new cuts and other reforms by 2016, said parliament officials. The bill was introduced to parliament several hours behind schedule, as the coalition government\'s three leaders grappled for a compromise on the latest cuts. As a week of wide-ranging strikes got under way Monday, the Athens metro was shut and only one tram line was running, while taxi drivers halted services, severely disrupting traffic in the capital. The country was also hit by a media blackout as print, broadcast and electronic media journalists staged a 24-hour strike. Service at hospitals was slow as only some employees turned up to work. The union of the public electricity company DEI meanwhile announced renewable 48-hour strikes from Monday evening, although it did not say whether this would lead to power cuts. The latest savings plan includes salary and retirement cuts, reductions in civil servant staffing and further labour market deregulation. Implementing the austerity plan is a precondition for Greece to qualify for a 31.5-billion-euro tranche of bailout funds from the European Union, International Monetary Fund and the European Central Bank. Without it, Greece risks bankruptcy in mid-November. Eurozone finance ministers are meeting in Brussels on November 12, but are unlikely to take a formal decision on a Greek bailout loan, a European official said Monday on the sidelines of a meeting of Group of 20 leading world economies in Mexico City. The Eurogroup meeting will be \"a stage\", the official said on condition of anonymity, adding: \"We don\'t have a gun held up to our heads to reach a formal decision on the 12th.\" In Greece, the mass walkout is expected to intensify throughout the country on Tuesday and Wednesday as public union GSEE and private union Adedy have both called general strikes. Bus workers are expected to join the stoppage from Tuesday, completing the public transport shutdown in Athens, while ferry lines to surrounding islands will be cut for 48 hours. A three-hour work stoppage on Tuesday has also been announced by air traffic controllers. In addition, unions have planned demonstrations from Tuesday in the centre of Athens against the package of cuts and other reforms. The Greek daily Ta Nea noted wryly that the \"parliamentarians are faced with an unpleasant job\". On Sunday, Prime Minister Antonis Samaras stressed the importance of approving the package, saying the country could be forced out of the eurozone if parliament were to veto the measures. \"We must save the country from catastrophe.... If we fail to save the euro, nothing will make sense,\" he said. The Dimar party, which has 16 deputies, has suggested it will vote against the bill because of objections to the proposed new labour market deregulation measures, while up to five socialist lawmakers could also defy Samaras. The dissenters would leave the government with a narrow majority, with just 154 to 159 seats in the 300-member assembly, the Greek press said Sunday, while predicting nevertheless that the measures would go through. Evangelos Venizelos, who heads the socialist Pasok party and is former finance minister, reaffirmed his support for the government but said he recognised the difficult choice deputies must make in voting for the \"painful\" measures. In an interview with Ethnos newspaper, Dimar party leader Fotis Kouvelis restated his opposition to the proposed labour reforms, accusing Samaras and the international creditors of trying to distance the party and bypassing it.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greek govt introduces austerity bill amid mass strikes Arab Today, arab today greek govt introduces austerity bill amid mass strikes

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greek govt introduces austerity bill amid mass strikes Arab Today, arab today greek govt introduces austerity bill amid mass strikes

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday