ECONOMY

GSEE warns of tough pay talks with employers

Private sector workers’ union GSEE warned members yesterday that they are headed for a tough round of negotiations with employers over 2010 pay hikes. GSEE, which represents about 2 million workers, accused the industrialists’ association SEV of shedding crocodile tears, saying that if firms were indeed concerned about workers and the economy then they should press ahead with investments. A pay freeze for workers in the public sector whose salaries are above 2,000 euros is expected to pave the way for only minimal pay hikes in the private sector, according to some experts. In a bid to oppose the government’s tough incomes policy, public servants workers’ union ADEDY has called a 24-hour strike for February 10. Talks between GSEE and employers are expected to commence in the coming days.