Italy union on attack over austerity cuts
The Italian government has approved cuts to funding for local bodies and salary freezes for government employees, in an effort to curb their budget deficit and reassure observers of their economic stability. In response to the cuts, Italy's largest union, the CGIL, is joining with other labor groups in disputing the measures, saying that they believe they harm those less well off, while not taking from the rich. however, they say they will wait to here the details of the package before deciding whether or not they will strike. Two other major Italian unions have also criticized the cuts. Analysts say that the plan is a good first step for Italy, but that they will have to continue to reduce their debt in the future to ensure prolonged stability. A national strike could further lower Prime Minister Berlusconi's approval ratings.
See "Italy union on attack over austerity cuts", Deepa Babington, Reuters, May 25, 2010