Minister Luka: There will be pay cuts in PTK, but not 40 per cent

Economic Development Minister Valdrin Luka has exposed news of a 40 per cent reduction in wages for Kosovo Post and Telecom workers.

Luka, through a Facebook post, has said that all related news is speculation, with nothing real, because he has never talked about such a pitfall.

Luka's full delivery:

The 40% wage cut for Kosovo Telecom is a speculation and has never been said by any government official. At no moment have I mentioned the idea of drastic wage waters as spoken at portals through a news written by Kosovo Preress.

What I've stated and stood back is the fact that Telekom is in serious crisis and prior to bankruptcy, which was reported by the Board of Telekom itself and, as a result, measures will be taken to save this strategic asset to the country.

Telekom has a loss of 15 million euros a year and must be found forms of how to cover these losses. The measures first will focus on reducing operational spending such as rents, maintenance costs and marketing. If these measures are not enough to cover all losses, then the wages for the remaining loss would also be affected. No form of reduction will be 40%.

In another week, we will accept the restructuring plan from the Board of Telecom, where emergency measures must be undertaken by the Government of the Republic of Kosovo with approval.

As Minister of Economic Development, I am steadfast in protecting public interest and business of public enterprises. Kosovo's telecom is the property of citizens of the Republic of Kosovo, therefore cannot remain indifferent to the danger facing this company and which can quickly go bankrupt. Along with the prime minister, the Board of Directors and the Workers' Union, we will address the problems and stop the company's bankruptcy, despite pressures of discontent” She wrote Luka.