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Elliniki and ETYK did not find them, the Ministry undertakes. Working

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Hellenic Bank and ETYK did not find them in the direct negotiations for the renewal of the collective agreement, which are leading to a deadlock, with the result that the bank's management referred a labor dispute to the Ministry of Labor.

The picture of the situation is conveyed to the staff by the Chief Executive Officer of Hellenic Oliver Gatzke, through a circular he sent yesterday, in which he emphasizes that “it is, to say the least, sad that ETYK raised many unrealistic demands, proving that it does not understand real challenges facing the bank. This reduces the effectiveness of the dialogue and together with the uncompromising and non-constructive attitude towards the timetables, leads the negotiations to a deadlock and leaves us no choice but to seek the mediation of the Department of Labor Relations, in accordance with the provisions of the Labor Code. Relationships ».

SEE ALSO: Towards Frontal Hellenic – ETYK for Restructuring Measures

ETYK expresses a different view, with a letter sent immediately after the circular to the bank's management, rejecting the allegations and considering the decision unjustified. & Nbsp;

Small losses in 2021

In the letter to the staff of Elliniki, the German banker states that “the situation in Ukraine and Russia will negatively affect vital sectors of the economy, such as tourism, international companies and construction, having an impact on the income of the banking sector.” He notes that “as we have already announced, the bank is expected to show small losses for the financial year ending December 31, 2021. In addition to the existing challenges, we now have to face a very serious international crisis.”

Mr Gatzke explains to staff that “one of the most effective ways to lower the cost/benefit ratio is to reduce overall payroll costs, focusing mainly on renegotiating several provisions of the collective agreement, as they have already been submitted to the union. “We focus our efforts, both on increasing our income through new loans and various other incomes, as well as on reducing all operating expenses,” it is pointed out.

ETYK rejects

ETYK rejects the content of the letter “because it is not based on real arguments, but we get the impression that the whole course you have chosen was already predetermined and the need for negotiations between us was directed to have it” deadlock “that you have chosen”. “The number of two meetings is considered ridiculous to be considered that it has exhausted the bona fide negotiation”, it is pointed out. ETYK, the letter concludes, is ready, based on the Code, to continue the direct negotiations, as it has done over time with all bank administrations.

Source: www.philenews.com

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