Greek dockworkers on anti-cuts strike

The walkout caused ships and ferries across the Mediterranean country to remain anchored at ports, disrupting Easter holiday plans in the crisis-hit state.

The workers are angry at the social security changes and plans to deregulate the industry, which accounts for 16 percent of Greece’s annual gross domestic product and nearly 18 percent of the jobs in the country.

Greece has the highest debt burden in proportion to the size of its economy in the 17-nation eurozone. Despite austerity cuts and bailout funds, the country has been in recession since 2009.

Greeks have been protesting against the state’s austerity cuts since early 2011, when the government first implemented the measures.

In order to secure a EUR 130-billion bailout package funded mostly by the eurozone member states and the International Monetary Fund, the country had to adopt harsh austerity measures, including massive cuts to its private and public sector wages, pensions, health and defense spending, which have worsened the economic recession, leading to thousands of job losses.

YH/MB/HJL

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