Workers suspend Corsican ferry strike
AFP, October, 2005
 | Content provided in partnership with |  |
AJACCIO (AFP) — Workers suspended a shipping strike that has stranded thousands of tourists on France's Mediterranean island of Corsica and pitched the island into ferment over government plans to privatize its ferry link.
The conflict at the highly-indebted National Corsica Mediterranean Company (SNCM) enters its third week on Monday with the prospect of a new meeting between the government and union leaders, but also increasing warnings the ferry line will file for bankruptcy if union leaders don't accept the sell-off.
Transport Minister Dominique Perben said bankruptcy was a likely outcome unless unions accepted the restructuring plan proposed by the government.
- Most Popular Articles in News
- The Ten Best Laptop bags
- Tata plans cheapest-ever car for Indian market
- GLOBALIZATION AND THE DEVELOPMENT OF UNDERDEVELOPMENT OF THE THIRD WORLD
- Corn is good for you; Corn is not only a tasty treat, but also a cereal that ...
- THE 50 BEST STYLISH HANDBAGS TO CARRY
- More »
Perben said the government's main aim was to save the livelihoods of the 2,400 employees of the company and acknowledged that up to 400 might be laid off with indemnities.
Economy Minister Thierry Breton added that bankruptcy seemed inevitable because "every possible solution ...
