Major trade unions, including public servants’ union Pasydy and the trade union Sek, have firmly opposed some of the International Monetary Fund’s (IMF) latest recommendations, following its Article IV mission to the country. The IMF commends the nation’s economic resilience and fiscal discipline. However, the IMF cautioned against fiscal relaxation, particularly concerning increases in public sector wages and the cost of living allowance (CoLA), citing potential inflationary pressures. In response, major trade unions said “the IMF’s proposals are more or less known and reminiscent of past eras”.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.