Italy: short margin for ‘yes’ vote in the consultation on the agreement renewing the banking collective agreement

Strong ‘no.’  The rejection of the agreement renewing the banking CCN signed in January (see our dispatch No.  120046) started within the left wing of the Fisac-CGIL, led by former leader Domenico Moccia and within independent unions, and then quickly spread at local level and among the workers affiliated with the signing unions and non-affiliates (see our dispatch No.  120116).  Those opposed to the agreement denounce the abandonment of the platform approved by workers and the maintenance of the “privileges” granted to the management and banks, the pay cuts for “supplementary contracts” and new hires, longer working hours, a wage increase that isn’t enough to compensate buying power, and derogations to the CCN with company agreements. 
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dependent unions, and then quickly spread at local level and among the workers affiliated with the signing unions and non-affiliates (see our dispatch No. 120116). Those opposed to the agreement denounce the abandonment of the platform approved by workers and the maintenance of the “privileges” granted to the management and banks, the pay cuts for “supplementary contracts” and new hires, longer working hours, a wage increase that isn’t enough to compensate buying power, and derogations to the

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