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Article: Central bank threatens sanctions against strikers

Article from:
Jerusalem Post
Article date:
October 14, 2004
Author:
Copyright

ZEV STUB
Jerusalem Post
10-14-2004
Headline: Central bank threatens sanctions against strikers
Byline: ZEV STUB
Edition; Daily
Section: Economics
Page: 16

Thurday, October 14, 2004 -- In an escalation of the labor dispute at the Bank of Israel, the central bank sent a letter to employees Wednesday saying that those who follow a labor union decision not to deliver cash to ATM machines will be barred from coming to work.

For several months, Bank of Israel employees have been protesting a planned 20 percent wage cut, and an order from its labor union went into effect Tuesday night to block currency department employees from refilling cash machines. There would likely have been a shortage of cash ...

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