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  • Kedikoglou: “No collective redundancies in private sector”

    With uncertainty dominating due to the negotiations between Athens and the troika having reached a critical point, the government spokesman appeared on…

    With uncertainty dominating due to the negotiations between Athens and the troika having reached a critical point, the government spokesman appeared on ANT1 to address many of the rumors circulating in the media.

    Mr. Kedikoglou claimed that there will be no collective redundancies in the private sector and that further wage cuts in the public sector have not been considered. Mr. Kedikoglou stressed that the government is negotiating for the best possible deal.

    Rumors for the possibility of new wage cuts began circulating when a Finance Ministry officer revealed that the “rationalization” of public sector benefits and bonuses were being planned.

    The government is also planning to carry out changes in wages in an effort to reward employees who are found to be “worthy and efficient”. Amongst the benefits and bonuses facing the hop are the travel expenses and compensation for working away, which can vary significantly amongst employees at the same ministry.

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