Stock Cunha goes Tuesday to Parliament clarify terminations in the New Bank – Jornal de Negócios – Portugal

The survey hearings Banif start on Tuesday. But another bank will also be under discussion in Parliament on the 29th, the New Bank. The termination plan – and the possibility of moving with a collective dismissal if this plan does not meet the objectives – will be explained by Eduardo Stock da Cunha Members

President of the financial institution heir to the Bank. Holy spirit will be at 16:00 on 29 March, and will be heard along with the administrator responsible for human resources, Francisco Vieira da Cruz.

hearing of the New Bank leadership (which will happen at the same time of Jorge Thomas, former president of Banif, the inquiry committee) is in response to a request submitted by the parliamentary group of the Socialist Party, “given the current institutional framework of the New Bank and the resulting social impact of possible redundancies that have been announced “.

at issue is cutting 1,000 commitment of the institution framework of the workers in order to save 150 million euros, according to a commitment with the Directorate-General for Competition of the European Commission. About half had already secured early retirement, the other was the target of a severance plan that is offered 1.2 salaries per year worked, and that, to cover close to 500 employees, will prevent the realization of a collective redundancy.

Members of the Working committee and the Social Security wanted the hearing had already taken place on the same day that the national committee of workers provided clarifications, but the management was not available (which even motivated claims the chairman of the committee, Feliciano Duarte Barriers).

the national Commission of New Bank workers have talked about the subject, I argue that the desired termination by the New Bank “is not friendly, it is not voluntary and not is by mutual agreement. “

Hearings Resolution Fund and Banco de Portugal decided on Tuesday

Day 29, Labor committee of MPs will also consider, following the clarifications Stock da Cunha and Vieira da Cruz, it makes sense to call more entities to clarify why redundancies will be made.

the PCP had spoken on the need to convene the Fund Resolution, sole shareholder of the new bank, while the CDS waved the possibility of the governor of the Bank of Portugal also have to answer to the Members of this committee.

the concern of Labor and Social Security commission is assess the social impact of the severance plan. The sale of the institution will also be discussed in Parliament but by another group of deputies. At the request of the Left Bloc, the Budget Committee, Finance and Administrative Modernization will hear Carlos Costa and Mario Centeno on selling arrangement.

This Friday, the Daily News that advances the “road show” to publicize the sale of the bank will start next week.