October 18, 2016

Greek protesters hold anti-govt. and austerity demos in Athens

Thousands of Greek workers have staged a rally outside the parliament in the capital Athens over austerity reforms agreed with the country's international lenders.

Protesters demanded that the government protect wages, pensions and restore collective bargaining. This comes as Athens and its creditors are due to launch a fresh round of talks this week on reforming the Greek labor market.

Greece’s lenders, including IMF, want further liberalization of redundancy rules and retaining the current minimum wage system in the debt-hit country. International creditors approved a bailout package worth nearly 100-billion-dollars last year, in exchange for austerity reforms.


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