Greece vows pension, wage reform as strike looms

Greece Vows Pension Wage Reform Strike Looms - Politics, Business, Civil, History - Posted: 9th Feb, 2010 - 3:54pm

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Business - European Economy
Post Date: 9th Feb, 2010 - 3:54pm / Post ID: #

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Greece vows pension, wage reform as strike looms

Greece vows pension, wage reform as strike looms (AP)
European Business News

People look the exchange rates in a bank in central Athens on Tuesday, Feb. 9, 2010. Europe's currency union faces an unprecedented crisis as markets and the euro currency have tumbled in recent weeks — with the euro trading at an eight-month low against the U.S. dollar — on worries that Greece might need financial rescue to cope with its soaring debt and deficit. (AP Photo / Thanassis Stavrakis)AP - Greece took further steps Tuesday to calm global markets spooked by its debt crisis, pledging to increase retirement ages and accelerate reforms, on the eve of the first nationwide strike against new austerity measures.



Source: Yahoo! News: Business - European Economy

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