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Hungarian trade unions to hold massive financial crisis demonstration

15 April, 2009Trade unions will hold a huge demonstration on April 18 to protest Government attempts to shift the burden of the financial crisis onto workers.

HUNGARY: Workers will take action on April 18th in response to the severe impacts of the global financial crisis in Hungary.

Nearly 6,400 workers from 57 companies have lost their jobs in recent months.

Unions including IMF affiliate the Hungarian Metalworkers Federation, are protesting measures proposed by the minority government which will negatively impact tax, pension and social welfare systems in Hungary.

Prime Minister Gordon Bajnai took office on April 15 after the previous Prime Minister resigned in late March.

Unions are demanding the new Prime Minister revoke the proposed taxation package and take into account employees' and pensioners' welfare, not only economic interests.

European Metalworkers Federation has also expressed their full solidarity and support with Hungarian workers in the lead up to the demonstration.