Printer Friendly

Italian union raises threat of national strike.

ITALY could be rocked by the same sort of general strikes that paralysed Greece if planned government cuts to bolster its economy go ahead, a major union warned last night.

Italian shares rose 24 hours after the announcement of 24bn euros in cuts designed to prevent the country from falling prey to market turmoil. But Guglielmo Epifani, leader of the CGIL labour confederation, said the cuts penalised workers while not touching high earners, and did little to stimulate the economy.

He declared: "I would have expected fair cuts, but it seems to me we aren't there. The cuts are all concentrated on workers, the same old recipe that leaves out high earners, while there seems to be little on the stimulus front," he said.

Mr Epifani raised the possibility of similar general strikes to Greece.
COPYRIGHT 2010 MGN Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Daily Post (Liverpool, England)
Date:May 27, 2010
Words:135
Previous Article:Fire crew in round the world challenge.
Next Article:Tree planted in memory of 39 fans killed at Heysel.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters