Court sets timetable to end BOI dispute

While Bank of Israel spokesman Yossi Sa'adon is optimistic about the outlined timetable, he is not sure reality will follow according to the plan.

court crime justice 88 (photo credit:)
court crime justice 88
(photo credit: )
The protracted wage dispute at the Bank of Israel will end next week if all goes according to the timetable laid out by the Jerusalem District Labor Court and published by the Finance Ministry this week. Presiding over the case is labor Judge Eyal Avrahami who stipulated in the timetable that representatives from the Central Bank and Wage Director Eli Cohen's office will meet four times over the next week to try and bring an end to the years-long dispute. The first meeting was held Thursday with the stated intention between the two sides of narrowing the differences between the two sides in the disputed five central disagreements, followed by a second meeting on Tuesday at the Labor Court that will tie-up any loose ends not finalized in the first meeting. These initial meetings will be followed by a first hearing in front of the court next Wednesday at which the sides will present the arrived-upon agreements and an additional hearing scheduled tentatively for July 19 to finalize the agreed upon points. While Bank of Israel spokesman Yossi Sa'adon was optimistic about the outlined timetable, he was not sure reality would follow according to the plan. "I am hopeful that we will be able to follow this outline although I don't know if it will actually happen, but we will see," he told The Jerusalem Post. The fact that this has been going on for so long lowers my expectations that there will be a solution soon, but we never know." In composing the outline, Judge Avrahami was careful to note that the final agreement ultimately is dependent upon the approval of the Justice Ministry.