Greek Unions Strike Against Austerity Measures, Asset Sales

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Greece’s ports, banks, hospitals and state-run companies ground to a halt today as the two biggest labor unions went on strike to oppose Prime Minister George Papandreou’s additional budget cuts and asset sales.

ADEDY, the largest public-sector union, and the General Confederation of Labor, or GSEE, the biggest private-sector union, called the third general strike of the year to protest the government’s five-year fiscal plan and program of state asset sales, according to e-mailed statements. The two unions were due to march to parliament at 11 a.m. in Athens.