News

Summary of IPSO's Press release



ECB Staff Union IPSO calls for a warning strike about ECB democratic deficit IPSO has called for a strike action on 3 June 2009 to raise awareness about the democratic deficit at the European Central Bank. The strike and protest action will last 90 minutes as the union has decided to refrain from impairing the ECB’s operational capabilities.



IPSO claims full and unimpeded negotiation and collective bargaining rights covering all aspects of labour relations. It requires that the appropriate structures and procedures be put in place to ensure that these fundamental rights are respected.



The lack of a framework for negotiations has been particularly striking in the recent pension reform adopted by the Governing Council on 4 May.



The pension reform is only a symptom of a much deeper and general governance and cultural issue at the ECB.



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