CFK warns corporations have “made a lot of money”: don’t forget workers’ share

Thursday, February 2nd 2012 - 22:54 UTC

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Argentine President Cristina Fernández ruled out that the Government is planning to set a ceiling on this year’s collective bargaining and said that unions must “carry on with their salary negotiations freely by taking corporate profit into account.” She announced, however, the creation of a committee in order to follow them closely. Read full article

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ChrisR
'Average salaries in Argentina rose 29.5% last year, while revenues kept pace at 30%, the government announced. The numbers are more than triple the official annual inflation of 9.5%, but more closely match what private analysts say is the true rate of price increases.'

AND, out of the mouth of CFK! At last a touch of reality, no wonder she looks pissed off! :o)
Feb 04th, 2012 - 10:00 am - Link - Report abuse 0
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