17:20
Greek Prime Minister nominates Costas Tassoulas for Presidency
Greek Prime Minister Kyriakos Mitsotakis has officially nominated Constantine Tassoulas for presidency.
Nationwide Strike to Paralyse Greece
Reuters
A general strike docked ships and disrupted rail and bus services across Greece on Wednesday, as thousands of workers marched in Athens to demand better pay and living standards.
A general strike docked ships and disrupted rail and bus services across Greece on Wednesday, as thousands of workers marched in Athens to demand better pay and living standards.
Doctors, teachers, builders and transport workers from Greece's biggest private and public sector unions joined the walkout, which was triggered partly by the lingering impact of Greece's 2009-18 debt crisis and the high cost of living.
"Each time we go to the supermarket and each time electricity bills land, we suffer small heart attacks," said Stratis Dounias, a court employee who joined the march in Athens. "We want real measures against the high prices."
Protesters gathered in Syntagma Square in central Athens chanted "Workers' rights are the law" and waved banners that read "General strike against rising prices".
Greece's economy has rebounded since the debt crisis, but salaries lag the European average, gross domestic product (GDP) per capita is among the lowest in the European Union, while the cost of goods has skyrocketed.
Many Greeks saw their wages and pensions slashed in return for bailouts worth 280 billion euros ($297 billion) during the debt crisis, which shaved a quarter off Greece's economic output and nearly pushed the country out of the eurozone.
Prime Minister Kyriakos Mitsotakis' centre-right government has raised the minimum monthly gross wage four times since taking power in 2019, to 830 euros, and has promised to raise it to 950 euros by 2027. It has also increased pensions.
But Greeks say the rises are not enough as energy, food and housing costs continue to outpace salary and pension increases.
'INFLATION AFFECTS EVERYTHING'
"Today we are demanding that the government gives us back what they and the previous governments took from us in the last decade. Our buying power has been reduced by 50%, inflation affects everything," said pensioner Giorgos Skiadiotis.
GSEE, Greece's largest private sector union representing some 2.5 million workers, has blamed "oligopolies" for concerted practices it says keep drivingup the cost of basic goods.
Mitsotakis acknowledged on Monday there was room for improvement with regard to wages and living standardsand reiterated a call to the EU to help with discrepancies in the bloc's power prices.
The strike comes as the government submitted its final 2025 budget to parliament. It envisages economic growth of 2.3% next year, above the EU average, and includes extra spending of about 1.1 billion euros to help fund a rise in wages and pensions.
16:58
Athens
Greece mourns former Prime Minister Costas Simitis
Greece bade farewell to former Prime Minister Costas Simitis, a reformist leader who steered the country into the eurozone in 2001. Celebrated for his modernisation efforts, his legacy is also marked by controversy over policies linked to Greece’s later debt crisis.
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