S&P 500
+1.91 +0.10%
Dow Indu
+5.15 +0.03%
-3.52 -0.08%
Crude Oil
-0.91 -0.88%
-8.81 -0.68%
+0.000695 +0.05%
US Dollar
+0.057 +0.07%

Market Commentary and Intraday News

Court says Athens bus strike abusive, illegal

543 days ago

Powerful Fibonacci Patterns
One trader has focused on several powerful trade opportunities and is going to be detailing the charting technique used to forecast the moves with Fibonacci on Friday, July 25th at 1:15 PM EST. Learn: Using the Fibonacci Tool to Identify Wave Patterns, Understanding Retracement and Extension Points with Fibonacci - ABCD, and - Japanese Candlesticks and Time/Volume Relationships in the Market.
Click this link for access to this informative webinar.

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 This material may not be published, broadcast, rewritten or redistributed.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