Sunday, May. 20, 2012 |
Greek unions strike before crunch leaders' talks
Page last updated at 06:34 GMT, Tuesday, February 7, 2012 - 11:34 EST
Reuters:
Greek party leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms now and a national strike against more austerity.
Prime Minister Lucas Papademos negotiated through most of the night with Greece's European Union and IMF lenders, ending at 4 a.m. (0200 GMT) when the 24-hour strike was about to begin, closing ports and tourist sites and disrupting public transport.
Papademos, a technocrat parachuted in to lead the Greek government late last year, must persuade leaders of the three parties in his coalition government to accept the EU/IMF conditions for the 130-billion-euro ($170-billion) rescue.
"We must find a solution today," said a government official before the leaders' talks, which will start later in the day.
Another official said the government was preparing a text to put to the leaders for their approval, suggesting some movement in the process.
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