S&P 500
+7.89 +0.38%
Dow Indu
+154.64 +0.87%
+11.91 +0.25%
Crude Oil
+0.42 +0.73%
-23.620 -1.97%
-0.001765 -0.14%
US Dollar
-0.066 -0.08%

Market Commentary and Intraday News

Court says Athens bus strike abusive, illegal

694 days ago

15 Powerful Market Predictions That Will Impact Every Investment You Own
Which sectors and stocks present the biggest opportunities in 2015? Discover the names and details of my top 5 stocks to buy today.
Download this just-released report FREE now!

(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 This material may not be published, broadcast, rewritten or redistributed.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.