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Government Studying Possible Price Freeze

June 18, 1973
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The Government announced today that it will not budge from its current wage policy and called upon all strikers to return to work.

The Cabinet also decided to act on the rising cost of living, the basic reason behind the current wave of strikes. It instructed the Committee of Economic Ministers to study the possibility of introducing a nation-wide price freeze.

The Government also asked the Minister of Justice to speed up legal proceedings against people suspected of illegal price increases.

A number of strikes have been plaguing the country: salaried doctors have been on strike since June 7; radio and television journalists have been on strike since June 12; 500 Hebrew University professors are out since the start of the month and scientists working for the Ministry of Defense have held a one-day stoppage of work today.

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