November 24, 2016
ATHENS, Greece (AP) — Greek ferries have suspended their routes to and from the country's islands due to a 24-hour seamen's strike protesting pension cuts and other measures arising from Greece's bailout commitments.
Thursday's walkout by the seamen came as the country's largest civil servants' union staged a 24-hour strike against austerity measures. Greece has been surviving on rescue loans from three international bailouts since 2010, when rising borrowing costs left it locked out of bond markets. A new round of talks between the left-led government and international creditors has paused, with Greece accusing bailout hardliners of proposing new cuts that would be a "social disaster."
Greece wants to overcome differences with eurozone lenders and the International Monetary Fund by early December to unlock more funds and trigger talks on debt relief.
ATHENS, Greece (AP) — Greek ferries have suspended their routes to and from the country's islands due to a 24-hour seamen's strike protesting pension cuts and other measures arising from Greece's bailout commitments.
Thursday's walkout by the seamen came as the country's largest civil servants' union staged a 24-hour strike against austerity measures. Greece has been surviving on rescue loans from three international bailouts since 2010, when rising borrowing costs left it locked out of bond markets. A new round of talks between the left-led government and international creditors has paused, with Greece accusing bailout hardliners of proposing new cuts that would be a "social disaster."
Greece wants to overcome differences with eurozone lenders and the International Monetary Fund by early December to unlock more funds and trigger talks on debt relief.
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