Thursday, January 29, 2009
Greece, Italy, Iceland and now...
Bloomberg business news reported that France’s rail network, airports and public schools were disrupted today as the country’s eight biggest labor unions called for a one-day general strike.
In what is turning into the largest such action since President Nicolas Sarkozy was elected in May 2007, the unions are demanding that the government do more to counter rising unemployment and falling purchasing power as France enters its first recession in 16 years. The eight unions represent the bulk of France’s 1.9 million-strong unionized workforce.