S&P 500
1927.38
+23.37 +1.23%
Dow Indu
16497.61
+97.94 +0.60%
Nasdaq
4384.19
+68.12 +1.58%
Crude Oil
82.23
+0.32 +0.39%
Gold
1252.115
+4.755 +0.38%
Euro
1.27464
-0.00448 -0.35%
US Dollar
85.252
+0.235 +0.30%
Strong

Market Commentary and Intraday News

Court says Athens bus strike abusive, illegal

631 days ago

POWERFUL FIBONACCI PATTERNS. FREE Webinar Reveals:
- How to spot Wave Patterns you'd easily miss without Fibonacci tools
- How to forecast, find, and trade retracement & extension points
- Secrets of how to use Time & Volume to find hidden opportunities
- AND MUCH More.
Click Here

(AP:ATHENS, Greece) A lower Athens court has ruled that a bus worker strike is illegal, opening the door for the government to force them to return to work.

The strike, which began on Friday, was scheduled initially to run through the weekend. Late Saturday, the two drivers' unions decided to prolong the strike until Tuesday.

The Athens subway and tramway had also been on strike, but the government forced them back to work after nine days Friday by threatening layoffs if they did not obey.

Transport workers object to imminent pay cuts. Their salaries will be aligned to those of civil servants as part of the government's austerity measures.

Unions say they plan to appeal the court's decision.


Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

INO.com on Facebook INO.com MarketClub on Twitter INO.com on Google+ INO.com YouTube

© Copyright INO.com, Inc. All Rights Reserved.