“The IMF is an ‘extreme player’ in negotiations”

14 September 2016
141 Views

The Minister of Labor Giorgos Katrougalos argued that the International Monetary Fund is an ‘extreme player’ in the negotiations on labor matters, however Greece will not back down from its positions.

According to the Labor Minister, who spoke to Reuters on the upcoming meeting with Greece’s creditors, Athens will demand the reinstatement of collective bargaining “because it’s the core of the European social model”.

Other issues that are currently on the negotiating table include relaxing laws on collective dismissals, as well as allowing employers to shut down their businesses and lockout workers in the event of strikes, the Minister reported.

Mr. Katrougalos added that “these are measures which employers have already rejected in Greece” arguing that “we have reached a point where we can no longer tolerate the deterioration of Greek workers’ state”.

You may be interested

What is included in the F-16 deal between Greece and the US
FINANCE
shares68 views
FINANCE
shares68 views

What is included in the F-16 deal between Greece and the US

makis - Oct 18, 2017

The Defense Security Cooperation Agency (DSCA) released details on the deal for the upgrading of Greece’s F-16 fighter jet fleet…

Only 23% Greeks see economic growth in EU, survey shows
GREECE
shares66 views
GREECE
shares66 views

Only 23% Greeks see economic growth in EU, survey shows

makis - Oct 18, 2017

According to a European Parliament survey, Greeks are skeptical about joining the EU and its benefits, with only 23% believing…

Amazing footage of live fire exercise of the Greek Army!
GREECE
shares52 views
GREECE
shares52 views

Amazing footage of live fire exercise of the Greek Army!

makis - Oct 18, 2017

The Hellenic Army released a video of just one of its military activities. The live fire exercise was conducted in…

Leave a Comment

Your email address will not be published.