Civil servants to be compensated for inflation this year
Civil servants will get this year a 0.28 per cent pay rise as partial compensation for purchasing power lost to inflation in addition to incremental...
CoLA
Deal signed for return of cost of living allowance
Unions and employers on Friday signed the return of the cost of living allowance (Cola) after being frozen for several years as part of austerity...
Our View: Electioneering sees reintroduction of nonsensical CoLA
Nothing illustrates the cowardly populism of the government more than the decision to re-introduce the automatic indexing of wages, also known as CoLA, from the...
That dangerous CoLA beast is stirring once again
WHEN five years ago, the payment of Cost of Living Allowance (CoLA) was suspended, the overwhelming majority of economists had hoped it would be the...
Our View: State still keeping civil servants happy at expense of private sector
The labour ministry, regardless of which politician was in charge, had always been an ally of the unions. This may have been because its officials...
Dialogue begins on cost of living allowance (updated)
Private sector unions and employer groups, which started talks on the future of the cost of living allowance (CoLA) on Monday, expect negotiations to be...
Emilianidou: many workers don’t know their rights
Many workers do not know their rights, Labour Minister Zeta Emilianidou said on Monday at the launch of a month-long campaign aiming to inform employees...
Our View: Industrial unrest a small price to pay for safeguarding competitiveness
After a break of four years CoLA (Cost of Living Allowance), one of the most harmful and irrational economic measures, is set to return in...
Talks begin on cost of living allowance (Updated)
DISCUSSIONS between private sector employers and workers’ unions on reintroducing the cost of living allowance (CoLA) commenced on Monday under the auspices of Labour...
Our View: Long-term economic interests should come before the re-introduction of CoLA
The notorious Cost of Living Allowance (CoLA), which was suspended in 2013 as part of the assistance programme, would be re-activated soon the new general...
