Journalists in Greece are observing a 24-hour strike on Monday protesting cuts in jobs and salaries prompted by the financial meltdown.
The coordinating committee of unions in the Greek media called for new collective bargaining agreements, which are considered to provide better outcomes than individual contracts. They also demand measures to protect jobs at a time of mass layoffs by employers.
Most television channels and radio stations suspended news broadcast, and news websites are not being updated. The state-run Athens News Agency is not reporting news, while most newspapers remained shut down, which means they will not be published on Tuesday.
The financial crisis in Greece and its shaky position in the Eurozone had its impact also on the Greek media and advertising markets. Many frontline TV channels, radio stations and newspapers such as To Vima, Eleftherotypia and Alter were forced to close down. The remaining media outlets are struggling to make both ends meet, as revenues slump.
More than 4,000 media employees lost their jobs and some salaries have been cut by up to 30 percent in the last two years.
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