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Athens News Agency: News in English, 05-06-04

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] PM discusses banks' social security issue with finance and employment ministers
  • [02] Development minister calls on commercial firms to curb prices

  • [01] PM discusses banks' social security issue with finance and employment ministers

    Prime Minister Costas Karamanlis discussed arrangements concerning the banks' social security issue with Finance and Economy Minister George Alogoskoufis and Employment Minister Panos Panayiotopoulos at the Maximos Mansion on Saturday.

    Alogoskoufis said that the banks and the bank employee federation (OTOE) have been requested to reply in the next few days whether they can reach an agreement. He added that, in any case, the government is determined to resolve the issue.

    The finance minister further said the social security rights of bank employees will be addressed in this way, adding that the stability of banks is important for the economy and that whatever rules will be the same for all.

    Alogoskoufis spoke of a single auxiliary social security fund for banks and any bank can join it if it so wishes, while two thirds of the cost will be shouldered by the banks themselves and the remaining one third by the state.

    Panayiotopoulos said on his part that the IKA Social Security Foundation will not be weakened and that the government is determined to support IKA and the social character of security.

    [02] Development minister calls on commercial firms to curb prices

    Development Minister Dimitris Sioufas called on commercial and processing firms on Saturday to curb their prices, while adressing a conference in Thessaloniki, northern Greece, on "The high cost of living-Quality:Myth and reality."

    "I wish to send a message of challenge and invitation to commercial and processing firms from here as well:Curb prices. Gain the confidence of the Greek consumer once again. Support him and he will support you. Support Greece's competitiveness and gain the confidence of new markets abroad," the minister said.

    Sioufas further said that the interest of consumers is the compass of government policy.

    "We are clashing head-on with unaccountability wherever it may be. We are proceeding with the abolition of go-between and mediating circles which are increasing the final prices of products," he added.


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