News

On September 16, and after weeks of "rumors", ABI, the Italian Banking Association, cancelled the Collective Agreement for the entire Banking Sector signed on January 2012 and valid until June 2014.

Unions, and FABI on the frontline, are going to declare a "one day" general strike for October 31st. It would be the first general strike in the Financial Sector in 13 years.

Lando Maria Sileoni Secretary General of FABI the largest Union in the Banking Sector, declared "It is a clear attack to workers' rights, and to a successful industrial relations system that avoided heavy social impacts on workers' conditions and resulted in well managed employment levels in recent years"

Instead of leaving more than 330 thousand banks employees without a contract as well as threatening thousands of new job cuts, Unions have asked bankers to reduce bonuses and wages of their top managers who earn 100 times more than the average employee, putting a limit of 600 thousand euro, for at least two years.

If it is a hard time, it must be hard for everyone!

www.fabi.it
www.fisac.it
www.fiba.it
www.uilca.it

For more:
Here is the video of FABI General Secretary interviewed yesterday evening
on "prime time" by TG2 RAI, the News Service
of the second national public channel in Italy.
http://youtu.be/hR3qMIeXICc