Workers at Hungary's state-owned Budapest Transport Company (BKV) went on a 24-hour strike early Friday after the company refused their demand to withdraw a cost cutting plan that may lead to job losses.
About 98 percent of the city's public transport workers joined the strike, Hungarian news agency MTI cited strike committee chairman Attila Gulyas as saying.
However, BKV Deputy CEO Laszlo Somodi told local television Friday that the strike would lead nowhere and the financial resources available to the company are insufficient to resolve the conflict.
Most universities and schools suspended classes Friday in view of the strike.
A survey conducted Thursday revealed that nearly a third of Budapest's residents planned to take a day off from work or school.
This is the second transport strike in Budapest in two weeks. The previous strike on April 7, which lasted half a day, had brought the city to a virtual standstill.
Source: Xinhua
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