Energy Minister Giorgos Lakkotrypis said on Wednesday he could not understand the reason EAC unions were planning a strike and taking a series of other measures against privatisation related bills.
Unions announced earlier this week their dissatisfaction that the Public Organisation Law and the amendment law regulating the electricity market were moving forward and as of Wednesday, would not be cutting supply to consumers over unpaid bills in protest.
They also plan to hold a two hour strike on Thursday starting at 8am.
“The finance minister has already informed unions that they will be exempt from the Public Organisation law,” Lakkotrypis said in a statement. “I have to say that I have not comprehended the reasons they are taking these measures.”
He added that the Cyprus Transmission System Operator (TSO) which was announced in December 2014, would be independent so they could enter the competitive market with a new model that has been discussed for the past eight months.
Unions said this bill, under the pretence of rendering the TSO fully independent, essentially creates a new authority to take over some of the EAC’s assets, thus neutralising the body and adding to electricity bills.
The unions involved are EPOPAI, SIDIKEK, SEPAIK and SYVAIK .