This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Hundreds Of Greek Seamen Unpaid For Months

On the Theofilos, Thanassis and others were refusing to work until back pay was disbursed. The company is still contractually obliged to feed them and provide power.

But for Dimitri, a deck hand on a ferry under repair in the ship repair area of Perama, near Piraeus, there was only power â¿¿ and therefore heating and running water â¿¿ between 9 a.m. and 5 p.m. After that, the ferry engines were turned off, plunging the ship into freezing darkness and leaving Dimitri with only layers of clothes and blankets to ward off the cold and damp as he slept on the ship.

Unpaid for more than two months, Dimitri had nowhere else to go because his home is in a town in the northeastern part of the Peloponnese, more than 120 kilometers (75 miles) south of Athens.

"My finances don't allow me to get to the other ships in port where they have hot food and power," he said. "So I sleep here."

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
4 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,839.12 -89.08 -0.50%
S&P 500 2,079.90 -9.56 -0.46%
NASDAQ 4,916.6070 -22.72 -0.46%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs