Public sector workers strike in Argentinagreenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread |
Friday, 7 September, 2001, 22:52 GMT 23:52 UKPublic sector workers strike in Argentina
Hundreds of public sector workers in Argentina are again holding a 24-hour strike and marching to the presidential palace in Buenos Aires.
They're protesting against government plans to cut salaries and state pensions by 13% to help solve Argentina's economic crisis.
Workers have taken to the streets ever since the austerity measures were announced by President Fernando de la Rua in July.
Meanwhile a senior International Monetary Fund official Tom Dawson says the IMF believes Argentina will need more than the $3 billion loan already offered for a full-scale repackaging of its debt burden of more than $120 billion.
He said other institutions including governments and the private sector could help fund the package.
From the newsroom of the BBC World Service
http://news.bbc.co.uk/hi/english/world/americas/newsid_1531000/1531320.stm
-- Martin Thompson (mthom1927@aol.com), September 08, 2001