In Italy, the largest union CGIL today for an eight-hour strike was called. The protest is directed against budget cuts in the amount of 45.5 billion euros, with which the government of Prime Minister Silvio Berlusconi wants to meet the debt crisis of the country. Are also criticized a proposed loosening of worker protection and the withdrawal of a planned super tax for high earners.
From early morning are all over Italy planned rallies and demonstrations. It is expected chaos on the bus, rail and air traffic as well as throughout the public service. At the airports, ground staff on strike. Lufthansa has for the period in question already canceled all flights to and from Italy. Where it is possible, it is a larger aircraft to fly at least after 18 clock in the evening as many passengers can, according to a spokeswoman for Lufthansa, the ARD radio studio in Rome. The Italian airline Alitalia said, because of a planned strike by air traffic, they must reduce the number of its domestic flights.
The ferries that connect the Italian islands with the mainland, remain in port. Traffic chaos is also expected before the toll booths on highways, and public transport. In Rome, for example, the metro is closed for nine clock, buses stopped on their final stops.
Napolitano: Vertrauen der Märkte zurückgewinnen
Italian President Giorgio Napolitano called on the government, meanwhile, to act speedily in order to regain the confidence of financial markets. The rise in risk premiums on comparable bonds of Italian government bonds is an alarming signal that no one should underestimate that, Napolitano warned. The reaction of the markets shows that the recovery of trust is difficult. But this was inevitable and must be fast, warned the head of state. The parties represented in parliament, he called on consumers not to block the savings decisions.
Prime Minister Berlusconi had some of the reforms promised by severe market turbulence, a few days ago and again conceded that even with the federal government and the European Central Bank raised criticism that had sustained the country with bond purchases.
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Strike in Spain
Also in Spain, called on unions to nationwide protests against measures to tackle the debt crisis. The resentment is directed primarily against the debt brake, which is now to be written into the Constitution. The main rally will be held on the evening in Madrid. But in many other cities will be demonstrating against the constitutional reform, which will be adopted on Wednesday by the upper house of Parliament. The major union confederations, UGT and CCOO keep the debt brake, unjustified and unnecessary. They demand a popular vote.
Zapatero warned against economic abyss?
Zapatero said to have spoken against trade unionists facing a "very poor condition" of the economy.
Nevertheless, said CCOO Secretary General, Ignacio Fernandez Toxo, on Spanish television that it had been recently appointed to the country's economy is so bad that nearly one-euro rescue of the country would have been necessary. Prime Minister José Luis Rodríguez Zapatero said during a meeting with trade unionists in mid-August that the economy is in a "very bad state". Zapatero has thereby expressed the view that the economy is "on the brink of salvation" are as toxoplasmosis.
The meeting was held accordingly on 17 August. Six days later the government announced the inclusion of a debt brake in the Spanish Constitution. The constitutional amendment voted to become the House, the Senate's vote is planned for Wednesday. The inclusion of the debt brake was recommended by Germany and France and was then welcomed. Zapatero's office would not comment on the reports on the remarks of the Prime Minister at the union meeting.
From early morning are all over Italy planned rallies and demonstrations. It is expected chaos on the bus, rail and air traffic as well as throughout the public service. At the airports, ground staff on strike. Lufthansa has for the period in question already canceled all flights to and from Italy. Where it is possible, it is a larger aircraft to fly at least after 18 clock in the evening as many passengers can, according to a spokeswoman for Lufthansa, the ARD radio studio in Rome. The Italian airline Alitalia said, because of a planned strike by air traffic, they must reduce the number of its domestic flights.
The ferries that connect the Italian islands with the mainland, remain in port. Traffic chaos is also expected before the toll booths on highways, and public transport. In Rome, for example, the metro is closed for nine clock, buses stopped on their final stops.
Napolitano: Vertrauen der Märkte zurückgewinnen
Italian President Giorgio Napolitano called on the government, meanwhile, to act speedily in order to regain the confidence of financial markets. The rise in risk premiums on comparable bonds of Italian government bonds is an alarming signal that no one should underestimate that, Napolitano warned. The reaction of the markets shows that the recovery of trust is difficult. But this was inevitable and must be fast, warned the head of state. The parties represented in parliament, he called on consumers not to block the savings decisions.
Prime Minister Berlusconi had some of the reforms promised by severe market turbulence, a few days ago and again conceded that even with the federal government and the European Central Bank raised criticism that had sustained the country with bond purchases.
KRW/HUF Exchange Table,
KRW/HUF Graph Chart,
KRW/HUF Performance,
KRW/HUF Appreciation,
KRW/HUF Depreciation,
KRW/HUF Investment Calculator,
KRW/HUF Metal Prices
Strike in Spain
Also in Spain, called on unions to nationwide protests against measures to tackle the debt crisis. The resentment is directed primarily against the debt brake, which is now to be written into the Constitution. The main rally will be held on the evening in Madrid. But in many other cities will be demonstrating against the constitutional reform, which will be adopted on Wednesday by the upper house of Parliament. The major union confederations, UGT and CCOO keep the debt brake, unjustified and unnecessary. They demand a popular vote.
Zapatero warned against economic abyss?
Zapatero said to have spoken against trade unionists facing a "very poor condition" of the economy.
Nevertheless, said CCOO Secretary General, Ignacio Fernandez Toxo, on Spanish television that it had been recently appointed to the country's economy is so bad that nearly one-euro rescue of the country would have been necessary. Prime Minister José Luis Rodríguez Zapatero said during a meeting with trade unionists in mid-August that the economy is in a "very bad state". Zapatero has thereby expressed the view that the economy is "on the brink of salvation" are as toxoplasmosis.
The meeting was held accordingly on 17 August. Six days later the government announced the inclusion of a debt brake in the Spanish Constitution. The constitutional amendment voted to become the House, the Senate's vote is planned for Wednesday. The inclusion of the debt brake was recommended by Germany and France and was then welcomed. Zapatero's office would not comment on the reports on the remarks of the Prime Minister at the union meeting.
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