Unions feared it, it’s happened. After presenting the unions that signed the national collective agreement with the economic prospects of the Italian banks – from a general and employment perspective – Abi officially unilaterally terminated the national collective agreement signed on January 19, 2012 (see article No. 120046), which should have expired on June 30, 2014. This collective agreement had been approved by only 57 percent of workers because of the “limits” it contained,...
Italy: banking employers’ organization, Abi, terminates national collective agreement and unions prepare for general strike
On September 16, ten months early, Abi officially let the Dircredito, Fabi, Fiba-Cisl, Fisac-CGIL, Sinfub, UGL-Credito and Uilca unions that it terminated the national collective agreement in force. It stated that, without a new agreement doing an in-depth review of this agreement before the deadline, it would not be extended. Employers want to go even further than what the agreement had already done in amending working conditions and labor costs. Saying that this decision is “intolerable,” unions are preparing for unitary mobilization, which should lead to a general strike in the sector in October. This collective agreement covers about 310,000 workers in Italy. (Ref. 130549)
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