Sunday, August 14, 2011

Italian Unions Threaten General Strike Over New Austerity

Italian Unions Threaten General Strike Over New Austerity: "

MILAN - Italy's second austerity package in less than a month met with a chorus of criticism a day after becoming law, with the largest union federation threatening a general strike over the "injustice" of the measures.


President Giorgio Napolitano on Saturday signed the emergency decree introducing sweeping austerity measures to cut the fiscal deficit by some 45.5 billion euros ($64.7 billion) and balance the budget in 2013, a year ahead of its previous schedule.




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