ECONOMY

The cordial greeting between…

The cordial greeting between Federation of Greek Industries (SEV) President Odysseas Kyriakopoulos (right) and his counterpart in the General Confederation of Greek Labor (GSEE), Christos Polyzogoupoulos (left) – the first after the latter’s recovery from a recent mugging attack – failed to bring the two sides closer regarding collective pay pact negotiations yesterday. SEV has proposed a raise of less than 3 percent, taking into account average eurozone inflation and productivity increases. GSEE argues pay raises should be at least in line with the higher Greek inflation rate.