Source Pravda.Ru

Greek Crisis Echoes in Hungary

One of the largest mass protests since the fall of Communism in 1989 hit Bucharest on Wednesday over deep government spending cuts, casting doubt on Romania's ability to meet its IMF loan commitments.

Analysts say the government may end up bowing to public pressure and softening the planned cuts in a bid to preserve popularity for its shaky parliamentary majority, even though elections are not scheduled until late 2012, Reuters says.

About 30,000 teachers, police officers and other workers took to the streets at 11 a.m. and threatened to go on strike next week if the government cuts wages by 25 percent and pensions by 15 percent from June, said Bogdan Hossu, leader of Cartel Alfa, an umbrella group for unions that includes more than 1 million state employees.

“We want a compromise for everybody, there are resources if there is the political will to use them,” Hossu said today. “People are desperate and they urge us not to surrender; we’ll block the economy as of next week until the government gets the message.”, BusinessWeek informs.

Comments
Saudi footballers to be punished for losing World Cup opener to Russia
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
US-led coalition strikes Assad's army in Syria
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Russians start protesting against retirement age law
Russians start protesting against retirement age law
Pentagon's goal in the Middle East is to trigger major war between Israel and Iran
The West persistently pesters former USSR with regime changes and revolutions
Russians start protesting against retirement age law
Russians start protesting against retirement age law
The West persistently pesters former USSR with regime changes and revolutions
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Trump officially starts trade war with China
Saudi footballers to be punished for losing World Cup opener to Russia
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Kim-Trump Summit: A step in the right direction?
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Eighteen tons of gold leave USA in 2018
What do foreign fans say about Russia during 2018 FIFA World Cup?
Trump-Kim honeymoon in Singapore may open McDonald's in Pyongyang
Euro-Islam: New religion to break migrants in EU