Trade unions in Cyprus, encouraged by strong economic data, returned to the negotiating table with business leaders and the labour minister, demanding full implementation of ATA, the automatic wage-indexation system based on
By Michael Olympios A new debate has erupted in Cyprus between the trade unions and the Minister of Finance over the automatic wage indexation policy, better known as the cost of living
Trade unions at the Cyprus Telecommunications Authority (CyTA) are calling for a 24-hour all-out strike on January 16, a decade after their last labour action, over the semi-state authority’s innovation and restructuring
Adjusting wages to meet inflation with automatic mechanisms such as the Cost-of-Living Allowance will not solve the real problem of income inequality with low-earners not seeing their earnings improve for a decade,
The deal between social partners to renew the Cost-of-Living Allowance agreement to cover 66.7% of inflation, up from 50%, means the state will pay an additional €1 bln in salaries over three
Social partners have settled a dispute over the Cost of Living Allowance (CoLA), by accepting the mediation proposal tabled by Labour Minister Yiannis Panayiotou. The island’s four main trade unions – SEK,
Social partners are reportedly ready to settle a dispute over the Cost of Living Allowance (CoLA), by accepting the mediation proposal tabled by Labour Minister Yiannis Panayiotou. According to news reports, Panayiotou’s
Labour Minister Yiannis Panayiotou on Friday appeared optimistic that unions and employers are one step closer to settling a dispute over the Cost of Living Allowance (CoLA), despite sides clinging to their
The International Monetary Fund (IMF) warned the government against increasing the Cost-of-Living Allowance while pointing to threats posed by a possible rise in Non-Performing Loans due to hiking interest rates. The IMF
Trade unions declared islandwide strike action on January 26, following a deadlock in negotiations with employers and the Labour Ministry over the reinstatement of inflation-linked Cost of Living Allowance (CoLA). The industrial
