Thursday, January 13, 2011

Opap's agents to strike on January 14-15

The sales agents of Europe's biggest listed gambling company Opap called a strike for January 14 and 15 after the collapse of talks with the government over their taxes.
 
The walkout is expected to hit Opap's sales, compounding the monopoly's revenue loss from recession in debt-stricken Greece. Analysts estimate the firm will lose between 34 million and 40 million euros of income from the two-day strike.
 
Opap, 34 percent owned by the state, has a monopoly on sports betting and lotteries in Greece until 2020.
 
Its 5,300 agents are protestijg a new tax regime, decided as part of Greece's austerity measures, which forces them to be taxed on their profit instead of a flat rate on revenues.
 
The agents had initially planned to go on strike on January 7 and 8, but suspended the action after Greece's finance ministry invited them to talks.
 
"The meeting (with the government) bore no results," the head of the agents' union Kyriakos Toptsidis told Reuters. "Our board will meet in the evening and we will decide to go ahead with the action that we have already announced."
 
The union, which has held several strikes since May, will stage more walkouts if the government fails to meet their demands, Toptsidis warned.
 
 
 
 
 
 
 
 
 REUTERS