Labour Minister’s meeting with troika concluded

Labour Minister Yannis Vroutsis” meeting with the troika at the Finance Ministry was concluded.

«An open and lively discussion took place,» a Labour Ministry top official said after the meeting adding that the issues discussed have not been settled yet and «our goal is to meet on a common path».

The same source expressed optimism on the course of negotiations

and said that another meeting with the troika will be held in the following days.

The meeting focused on the sharing of the 3.9 percent reduction of the contributions to social security funds and the mass layoffs.

According to information regarding the contributions to social security funds, the two sides have agreed that the one-off measure will be implemented next summer, however, differences still exist on the exact sharing and on the way the financial gap that will occur in the social security organisations will be covered.

Regarding mass layoffs, the representatives of Greece’s lenders asked for the abolition of Labour minister’s veto while the ministry’s political leadership believes that after the social partners” agreement at the High Council for Labour, the issue can be solved without any legislative intervention

source: ΑΜΝΑ