Greek Public Sector Workers Stage 24 Hour Strike

Public sector workers in Greece are holding a 24-hour strike to protest against continuing cuts in government spending.

Hospitals, tax offices, prisons and archaeological sites have been disrupted by the action.

The workers are protesting against austerity measures, including a 40% reduction to salaries and pensions.

The strike coincides with a visit from Greece’s international creditors to check on the country’s progress.

The BBC’s Mark Lowen in Athens says that workers marched through the capital carrying banners and slogans hitting out at cuts and taxes that continue to cause so much anger.’

via BBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza