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Greek Unions Protest Wage Cuts as Europe Withholds Aid

HeadlineFeb 10, 2012

Greek unions have launched a two-day strike in protest of a new austerity deal approved in order to receive a European bailout. The deal would cut the private-sector minimum wage by 22 percent for workers over 25, and 30 percent for those under 25. European finance ministers are still withholding the $170 billion bailout, saying the Greek austerity measure does not go far enough.

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