Greece Hit By Transit Strike, Walkout Ahead Of Budget Vote
ATHENS (Dow Jones)--Greece's public transport workers walked off the job Wednesday in a 24-hour strike--the third in two weeks--to protest government reforms and just hours before parliament is due to vote on a 2011 austerity budget.
The transport workers' strike, which affected all mass transit around the capital, Athens, led to traffic chaos during the morning rush hour with traffic jams stretching up to 10 kilometers in various parts of the city as residents struggled to get in to work.
They will be joined by other public and private sector workers later Wednesday, with Greece's two major umbrella unions--private sector GSEE and public sector ADEDY--calling for a three-hour work stoppage in the greater Athens area to protest the budget.
"The struggle by the workers, the pensioners and the unemployed against these anti-worker and anti-social measures continues," GSEE said in a statement. "The workers and unions of the country will continue and intensify their action and struggles as long as these unjust and harsh neo-liberal policies continue."
In May, Greece narrowly avoided default with the help of a EUR110 billion bailout from the European Union and International Monetary Fund, in exchange for tough economic reforms while also cutting its budget deficit to below 3% of gross domestic product by 2014.
The 2011 budget, which includes fresh austerity measures, such as further spending cuts and tax rises, aims to narrow the deficit to 7.4% of GDP next year from a projected 9.4% gap in 2010.
Since last week, Greece has been hit by a series of work stoppages and strikes over those austerity measures and other reforms, including a 24-hour nationwide general strike last Wednesday that led to violent street clashes in Athens. Last week, Greece's parliament approved separate legislation to cap salaries and slash bonuses at state-owned enterprises, particularly at loss-making public transport companies.
The work stoppage is expected to affect public services at government offices, local goverment operations, schools and other services.
A protest rally has been scheduled for 1100 GMT in front of parliament, which is expected to vote on the budget at midnight local time (1000 GMT).
The measures have drawn criticism from both opposition political parties as well as from backbenchers among the ruling Socialists. Despite that, the Socialist government, which controls 156 seats in Greece's 300 member parliament, is expected to pass the budget.