Cyprus Mail
Cyprus

Public workers threaten to strike

Finance Minister Harris Georgiades

Government workers union PASYDY has decided to stage a 24-hour warning strike next Friday to protest the administration’s perceived intention to tax retirement bonuses.

The decision was made by the union’s executive committee and must be ratified by the general council on Monday.

The union sought to remind the government that despite the painful austerity measures imposed on its members, it had avoided such mobilisations that would harm the economy.

PASYDY said it had “only” filed appeals against the measures before the Supreme Court in a bid to overturn them.

The union said it was disappointed to see that the finance minister insisted on pushing ahead with unilateral measures, fully ignoring previous official assurances and the good will shown by the workers.

Civil servants have gone on the warpath after Finance Minister Harris Georgiades said taxing their retirement bonus was under consideration as part of the Troika-imposed economic adjustment programme.

“The issue is being considered from the perspective of ironing out existing distortions of public service reform issues, and of fiscal sustainability,” he said. “All possibilities are on the table, but no decision has been made yet.”

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