Athens, Greece (CNN)Greek civil servants and private sector workers will hold a 24-hour strike May 5 to protest government austerity measures, the unions announced Wednesday.The civil servants' union ADEDY and the General Confederation of Greek Labor (GSEE) announced the general strike. Together, the unions represent about 2.5 million workers, half of Greece's workforce.The walkout will be their third joint strike against the government's deficit-cutting plans since the beginning of the year.Many in Greece fear social unrest when the new austerity measures are announced, which is widely expected to happen before May 5.Greece has started slashing spending and has implemented the austerity measures as a way to reduce its massive deficit. Its national debt of 300 billion euros ($394 billion) is bigger than the country's economy, and some estimates predict it will reach 120 percent of gross domestic product in 2010. read more on cnnGreek austerity measures prompt strike
Athens, Greece (CNN)Greek civil servants and private sector workers will hold a 24-hour strike May 5 to protest government austerity measures, the unions announced Wednesday.The civil servants' union ADEDY and the General Confederation of Greek Labor (GSEE) announced the general strike. Together, the unions represent about 2.5 million workers, half of Greece's workforce.The walkout will be their third joint strike against the government's deficit-cutting plans since the beginning of the year.Many in Greece fear social unrest when the new austerity measures are announced, which is widely expected to happen before May 5.Greece has started slashing spending and has implemented the austerity measures as a way to reduce its massive deficit. Its national debt of 300 billion euros ($394 billion) is bigger than the country's economy, and some estimates predict it will reach 120 percent of gross domestic product in 2010. read more on cnn
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