Garganas under fire on salaries

In an interview published on Saturday May 24, Bank of Greece chief Nikos Garganas warned that unchecked pay increases would boost inflation, reduce competitiveness and lead to job losses. But his comments drew criticism from government and labour officials.

Source: kathimerini

Calls by the central bank governor for a more rational policy in public sector wage increases drew intense criticism yesterday from government and labor officials.

In an interview printed in Saturday's Ta Nea daily, Bank of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.