The head of Sek union federation Andreas Matsas joined forces with his Pasydy counterpart Stratis Mattheou to have a dig at the IMF, which had warned against any “fiscal loosening.” It also advised that “the authorities should refrain from further increases to the cost-of-living-adjustment (CoLA) indexation or new ad-hoc pay rises to contain the already large public-private wage gap and avoid further pressure on real wage growth.”
“The IMF’s proposals
