12 thoughts on “Greek bank workers strike against privatisation

  1. Pingback: Greek nazi anti-Afghan refugee violence | Dear Kitty. Some blog

  2. Greek bank staff strike

    On Monday, bank employees staged a 24-hour strike against possible salary cuts, job losses and changes to pension arrangements as a result of a consolidation of the sector following the takeover of state-owned Agricultural Bank of Greece (ATEbank) by Piraeus Bank, the country’s fourth largest lender.

    The strike shut down thousands of branches across the country.

    International lenders are placing pressure on Greece to consolidate the sector before the completion of a €50 billion bank recapitalisation programme, as part of the second tranche of an agreed €174 billion loan.

    Two more sales of loss-making lenders are due. France’s Crédit Agricole is disposing of Emporiki Bank, “while bids for the healthy assets of state-owned Hellenic Postal Savings Bank are being examined by the country’s central banks,” reported the Financial Times.


  3. Pingback: Greek strikes and governmental xenophobia | Dear Kitty. Some blog

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  5. Pingback: Greek strikes, governmental racism, continue | Dear Kitty. Some blog

  6. GREECE: Voters in the second-largest city Thessaloniki have voted overwhelmingly against plans to privatise the city’s water company.

    Organisers said yesterday that 98 per cent of the 218,000 participants opposed plans to sell a 51 per cent stake in the company under the government’s huge privatisation programme.

    The vote was held in Thessaloniki and outlying municipalities on Sunday to coincide with nationwide local and regional elections, but the government insists that the ballot was illegal.


  7. Pingback: New Greek government re-employs sacked media workers | Dear Kitty. Some blog

  8. Pingback: Solidarity with Greek people, Amsterdam, 21 June | Dear Kitty. Some blog

  9. Pingback: German corporations exploiting Greece | Dear Kitty. Some blog

  10. Pingback: European Union demands privatisation, Greek people pay | Dear Kitty. Some blog

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