- CNTV English - CCTV News

Greek strikes over austerity

11-05-2012 19:51 BJT

Watch Video

Play Video

Greek subway and taxi drivers are on a nationwide strike. These transport workers are protesting an upcoming vote in the country's parliament seeking to introduce new austerity measures.

Unions have called for a wave of strikes this week, including a general strike on Tuesday and Wednesday. Transportation has been hit hard in Athens, and hospitals, ports and other services will also be severely curtailed.

Greece's coalition government is facing two crucial votes this week on austerity measures, labor reforms and 2013 budget in its effort to secure a portion of a bailout loan by creditors. The plan is also believed to help the country head off the threat of bankruptcy. The new package includes 13.5 billion euros in spending cuts and tax increases over two years. Greece is heading for a sixth year of recession. Unemployment is currently around 25 percent, the highest in decades.


Editor:Bai Yang |Source:

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program