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By Giancarlo Navach
MILAN (Reuters) -Staff waving flags demonstrated outdoors the Milan Inventory Change on Thursday as they staged a historic strike to protest in opposition to the way in which it’s being run by proprietor Euronext.
Unions scheduled the stoppage for 2 hours from 3:30 p.m. to five:30 p.m. (1330-1530 GMT), the top of the working day, and there have been no experiences of any disruption to buying and selling on Borsa Italiana, the Milan change.
Euronext mentioned it revered the choice of workers who joined the motion and signalled it was prepared for additional talks with unions to attempt to resolve their variations.
“We wish to reassure them (our staff) that sustaining an open and constructive dialogue stays a precedence for us,” it mentioned in an announcement.
The unions have accused Euronext of “fixed, systematic and total disinvestment from Italy”.
Euronext – which additionally runs inventory markets in Amsterdam, Brussels, Dublin, Lisbon, Oslo and Paris – accomplished its acquisition of the Italian inventory change in April 2021.
There have been round 50-60 individuals on the demonstration outdoors the change constructing however unions mentioned different members had additionally stopped working and joined the motion remotely. There are in complete round 700 workers on the Milan bourse.
“It’s a symbolic strike,” mentioned Giovanni Costantini, a union consultant for Monte Titoli, part of the change that helps to handle Italy’s large public debt.
“We don’t wish to inconvenience unusual individuals or the monetary group however we will’t go on like this,” he instructed Reuters.
Lando Sileoni, secretary basic of the Fabi banking union, mentioned {that a} lack of strategic autonomy for Borsa Italiana was crucial of 4 grievances behind the strike.
Talking to Rai Italian radio, he additionally cited fears over potential job losses, failure to ship on pay rises and a dysfunctional surroundings as the opposite drivers.
Euronext mentioned on Thursday it had created greater than 100 jobs in Italy lately and that the nation was an essential a part of its enlargement plans.
Unions count on to return to the negotiating desk after a gathering which Business Minister Adolfo Urso has scheduled with them for July 3.
(Further reporting by Claudia GrecoEditing by Andrew Heavens and Keith Weir)