Courtesy of Mish.
The “rebalancing” in Spain continues along the lines I have suggested, not as suggested by economists and those who think there is guaranteed future of the eurozone.
Via Google translate from El Economista, please consider Strike by Iberia Starts Monday
The nearly 20,000 workers are called from Iberia to strike on Monday in the first week of the 15 days of strikes called by unions CCOO, Asetma, USE, SITCPLA and CTA-Flight, which has forced airlines group to cancel a total of 1,222 flights in its first five days.
The 24-hour strikes, affecting ground staff and cabin crew (TCP), but which are called all employees of the airline, will be held from Monday 18 to Friday 22 February, from Monday 4 to Friday 8 March and Monday 18 (a public holiday in some ACs) to 22 next month. The pilots’ union will join the strike in March.
Furthermore, the six unions representing 93% of the staff have organized concentrations for 18 and 22 February in all Spanish airports, coinciding with the start of the 15-day strike.
The Minister of Development, Ana Pastor, reiterated on Friday to unions and the management of Iberia make an “effort” to avoid the strike.
At a meeting in Development with representatives of both sides, Pastor said the government has “no authority” to intervene in the management of a private company, but said he does have the “legal obligation” and “direct responsibility” for ensuring connectivity in Spain, so it would intervene in the event that gave a “serious disruption of transportation”, as it has done on other occasions.
Iberia has insisted that the 15-day strike “worsen” the situation of the company, so it has appealed to the groups to call off the strikes, considering that they only hurt customers, reputation and all his employed.
The airline has launched a contingency plan to cater to all passengers during the strike days and has flexible rates to facilitate the exchange or refund.
It has also reached agreements to protect customers with other airlines in order to have more choices, and has taken shape that has agreements with Oneworld alliance members, along with about a dozen companies.
Travelers concerned may Serviberia phone call 902 400 500 or 900 100 480 in Spain to change your flight or request a refund if the change is not interested.
Rebalancing the German Way Cannot Work
I am not taking the side of the union. Rather, I am pointing out that rebalancing the German way, by forcing still higher unemployment in Spain cannot and will not work….
