Confederal Vice President Donatella Prampolini, President of the Confcommercio Trade Union Commission, comments as follows: “The contractual process had to deal with the profound economic and social impacts of the pandemic emergency, geopolitical conflicts and the return of inflation
The agreement for the renewal of the Tertiary, Distribution and Services CCNL was reached today, signed by Confcommercio-Imprese per l’Italia, Filcams Cgil, Fisascat Cisl and Uiltucs Uili. This is the reference contract for companies in the sector and for approximately three million workers. The agreement, valid from 1 April 2023 to 31 March 2027, provides for a fully operational increase of 240 euros at the 4th level, including what has already been recognized with the extraordinary Protocol of December 2022 and in addition a one-off payment at the completion of the period of contractual deficiency, of 350 euros, divided into two tranches of the same amount in July 2024 and July 2025.
The Confederal Vice President Prampolini
Confederal Vice President Donatella Prampolini, President of the Confcommercio Trade Union Commission, comments as follows: “The contractual process had to deal with the profound economic and social impacts of the pandemic emergency, geopolitical conflicts and the return of inflation. In a spirit of responsibility, the Parties nevertheless worked to achieve a result that took into account the macroeconomic indicators, compatible with their sustainability by companies”. Prampolini also states “at the end of this long negotiation we are certain that the result of the renewal of the CCNL will contribute to strengthening relations between the parties and ensuring stable conditions for companies and workers in the sector until March 2027”.
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The main topics
The topics of greatest interest are the updating and revision of the classification system, the new regulation of fixed-term contracts following the legislative changes that have occurred, a response to disadvantaged work with the increase in compensation for elastic clauses for part time, the reference to the centrality of training for the competitiveness of companies and for the employability of workers, attention to the issues of gender equality and the fight against violence against women, investment in supplementary healthcare.
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Economy
Government bonds, BOT yields rise. Waiting for the new Valore BTPs
There is confidence around government bonds: in the latest auction, ordinary Treasury bonds achieved a higher yield than in the last month, while the third issue of BTP Valore is awaited, scheduled for Monday 26 February. By the end of the month the Council of Ministers should approve the exclusion of investments in government bonds from the ISEE
YIELD TO RISE
- BOT yields are rising again. After a few months of decline, in the auction on Friday 9 February the one-year Treasury bonds achieved a yield of 3.522% compared to 3.442% in the January placement
THE PLACEMENT
- Good news especially for the Treasury, which has thus allocated 9 billion euros against a demand that exceeded 12.3 billion
ON THE AGENDA IN FEBRUARY
- February will above all be the month of the third issue of the BTP Valore: it will start on Monday 26 February and will close on Friday 1 March. The duration of the bond will be longer this time, six years, and the loyalty premium will be higher, of 0.7%, compared to 0.5% of the previous issue