Greece, Home of Aristotle and Pythagoras, STILL Doesn’t Get It!

May 12, 2010 at 08:05 (Economy, General Stupidity, News)

Wow.

* Unions resolved to block “disaster” austerity recipes

ATHENS, May 12 (Reuters) – Greek workers on Wednesday called a 24-hour strike on May 19, the latest in a series of protests against planned pension cuts linked to an international 110-billion-euro ($139.7 billion) bailout for Greece.

Unionists have vowed to stop the pension reform, a key condition in a financial rescue plan for Greece agreed last week with the euro zone and the International Monetary Fund (IMF).

The country’s socialist government unveiled a draft law on Monday that raises the average retirement age and pares back benefits to plug the pension system’s ballooning deficits.

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