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The country's two largest labor unions are to hold a rally in the evening to protest savings measures in the budget, while journalists have walked off the job at the start of rolling 24-hour strikes to protest austerity plans that will affect their healthcare funds. The strike pulled all television and news broadcasts off the air, while news websites were not being updated and Thursday's newspapers would not be published. The privatization bill is among reforms required as part of Greece's international bailout agreements, under which the cash-strapped country receives billions of euros in rescue loans from other eurozone countries and the International Monetary Fund, on condition that it imposes austerity measures to reduce its runaway debt and budget deficit. Prime Minister Antonis Samaras said on Tuesday that the negotiations were over. Voting on the bill has been delayed by another week, and Samaras warned of chaos if it did not pass. The package of austerity measures is essential for Greece to receive a massive installment of bailout loans, worth
euro31 billion. Without it, Samaras has warned that the country runs out of its euro reserves on Nov. 16.
[Associated
Press;
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