Despite protests, Greek PM says reforms 'not optional'

ATHENS, Greece -- Protesting farmers says they're planning to camp outside parliament and hold a 48-hour protest against planned pension reforms.

See Full Article

Farmers from around 70 highway and road blockades around the country are planning to bring their protest to Athens on Friday and Saturday, in a confrontation with the leftwing government, which is struggling to implement austerity measures demanded by bailout lenders.

Prime Minister Alexis Tsipras on Wednesday rejected demands to scrap the planned pension system overhaul and start a full round of negotiations with professional groups and opposition parties.

He told a Cabinet meeting: "It is clear that this reform is not optional."



Advertisements

Latest Economic News

  • Tips for Canadians caught in Equifax's security hack

    Economic CTV News
    If you learn that you’re among the estimated 100,000 Canadians whose personal information – including addresses, social insurance numbers and credit card details – may have been compromised in the massive Equifax hack, cybersecurity expert Brian O’Higgins has some advice. Source
  • Court certifies class-action suit involving 450 foreign workers who got no jobs

    Economic CTV News
    VANCOUVER -- The Supreme Court of British Columbia has certified a class-action lawsuit against Mac's Convenience Stores and three immigration consultants alleged to have collected thousands of dollars from foreign workers who were promised jobs that didn't exist. Source
  • Bombardier workers to stage rally in Toronto over Boeing dispute, will walk out

    Economic CTV News
    TORONTO - The union representing Bombardier's production workers says employees at the company's aerospace plant in Toronto will walk out Wednesday -- a move meant to pressure Boeing to drop a trade complaint against Bombardier. Source
  • Ontario premier says 'supports' will ease transition to $15 minimum wage

    Economic CTV News
    WALTON, Ont. -- Ontario farmers and small businesses will receive support from the government as the province moves ahead with its plan to raise the minimum wage to $15 an hour, Premier Kathleen Wynne said Tuesday. Source
  • Liberals will offer measure to soften small business tax changes, source says

    Economic CBC News
    The Liberal government is set to offer a measure to Canadians affected by its proposed tax changes that would make the controversial reforms more palatable, CBC News has learned. "We are not just going to take, take, take," a senior government official, speaking on background, told CBC News. Source
  • Amazon returns giant cactus from Tucson

    Economic CTV News
    TUCSON, Ariz. -- Amazon has rejected the 21-foot (6.4-metre) Saguaro cactus that southern Arizona economic leaders planned to send as a gift to CEO Jeff Bezos, in a bid to attract the company's second headquarters. Source
  • Oilsands miner reports 123 birds killed in tailings pond incident

    Economic CTV News
    CALGARY - The Alberta Energy Regulator says it's responding to a report of bird fatalities at the soon-to-be-producing Fort Hills oilsands mine north of Fort McMurray. It says the mine has reported 123 waterfowl and songbirds have died or had to be euthanized. Source
  • Suncor investigating after more than 100 birds die at new oilsands mine

    Economic CTV News
    CALGARY -- Oilsands giant Suncor Energy says it is mystified by the discovery Sunday of dead and dying birds at a nearly complete northern Alberta mine that hasn't produced its first official barrel of oil yet. Source
  • 123 birds die at new oilsands mine; regulator investigating

    Economic CTV News
    CALGARY -- Oilsands giant Suncor Energy says it is mystified by the discovery Sunday of dead and dying birds at a nearly complete northern Alberta mine that hasn't produced its first official barrel of oil yet. Source
  • Ford cutting North American production as demand slips

    Economic CBC News
    Ford Motor Co. said on Tuesday it plans to idle five North American vehicle assembly plants for a total of 10 weeks to reduce inventories of slow-selling models. The plants affected include three assembly plants in the United States and two in Mexico, the company said in a statement. Source