Neophytou: untargeted CoLA is reckless spending
Disy MP Averof Neophytou on Monday slammed the government for what he called reckless spending on payroll, even citing himself as a beneficiary of this ‘largesse’.
Speaking on a television ...
Food delivery drivers sign collective labour agreement
A collective labour agreement covering almost 3,000 food delivery drivers was signed by trade unions and employers on Thursday.
Trade union Sek described the agreement as “historic”, adding that it is “...
Trade unions demand full payment of CoLA
The Independent Trade Unions’ Federation (Poaso) on Monday called for its workers to receive full payment of the Cost of Living Allowance (CoLA).
Putting their case forward, they cited “a ...
Sek union representatives urge for better labour relations
Sek union on Friday urged President Nikos Christodoulides to improve labour relations across the job market, while expanding benefits such as the cost of living allowance (CoLA) and provident funds.
...
Three unions give go-ahead to latest CoLA proposal
A deal over the cost of living allowance (CoLA) appeared to be inching closer on Thursday after three unions gave the thumbs up to the latest proposal.
Sek, Deok and ...
Unions reject government’s CoLA proposal
Trade unions on Thursday gave a thumbs-down to a mediation proposal by the government for a new deal on the cost of living allowance (CoLA), while employers grudgingly agreed to ...
Keve “not satisfied” with CoLa proposal
The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday said it is not satisfied with the compromise proposal on the cost of living allowance (CoLa) providing for a small ...
Unions meet to discuss government’s CoLA proposal
A slew of meetings are underway this week to discuss the government’s compromising proposal on the cost of living allowance (CoLA). On Tuesday, four trade unions were having a ...
Government to submit its CoLA proposal by end of month
The government is expected to submit a compromising proposal on the cost of living allowance (CoLA) before the end of the month, Labour Minister Yiannis Panayiotou said on Thursday.
With ...
Paphos hotel workers call off CoLA strike, reach deal with employers (Updated)
By Nikolaos Prakas and Elias Hazou
Some 200 workers at three Paphos hotels called off a strike on Thursday evening, hours after their walkout, following a deal with employers over the ...
Our View: CoLA should apply only to low earners
Unions refuse to accept defeat on the issue of CoLA. Having failed to force any change to the existing regime, which provides for an adjustment of wages at 50 per cent ...
Cost-of-living talks to start next week
Consultations are due to restart next week on reinstatement of the cost-of-living allowance (CoLA), Sek union general secretary Andreas Matsas said on Monday.
Matsas told CyBC that the fact that ...
Three quarters of all workers to take part in CoLA strike – unions
About three out of four workers are estimated to participate in a nationwide strike next week to demand the full restoration of cost-of-living allowance (CoLA), Peo trade union secretary said ...
New meeting over CoLA in hopes impasse can be averted
Minister of Labour, Kyriacos Koushos, will hold a new meeting withtrade unions and employers’ organisations over CoLA on Tuesday.
The meeting is being held in an ongoing an attempt to ...
Our View: Koushos made a mistake in trying to broker the CoLA deal
IF HE has made a full recovery from illness and returns to work on Tuesday, the first thing the labour minister Kyriakos Koushos would have to do is make a ...
Labour minister pessimistic about CoLa solution after meeting with employers’ unions
Labour Minister Kyriacos Koushos on Monday said he was pessimistic a solution could be found to resolve the ongoing spat between unions and employers over the cost-of-living allowance (CoLA).
Koushos ...
Labour minister meets with employers in ongoing CoLA standoff
Minister of Labour, Kyriakos Kousios, will hold a meeting on the cost-of-living adjustment (CoLA) on Monday, with representatives from the Cyprus chamber of commerce (Kebe) and the employers and industrialists’ ...
Cost of living allowance – analysis of economic repercussions
A widespread feature in today’s labour market of most advanced economies are shortages, notwithstanding the slowdown of economic growth, due to the pandemic and the Ukraine war. The main ...
CoLA compromise unlikely, minister gives until Christmas (Updated)
A compromise over CoLA (cost of living allowance) seems unlikely at the moment, Labour Minister Kyriacos Koushos said on Monday after a meeting between unions and employers. He said all ...
Labour unions threaten to mobilise if cost-of-living-allowance is not reinstated
The Employers and Industrialists Federation (Oev) said on Wednesday that they are disappointed and “deeply concerned” by statements from unions Sek and Peo to mobilise their workers if the cost-of-living ...
PEO criticises government ‘inactivity’ over price increases
Despite the government’s attempts to gather proposals to tackle rising prices and inflation, some are already expressing their discontent over the expected outcome and point fingers at the government’...
Unions demand full return of Cola, VAT reduction
PEO and Deok trade unions are seeking the full restoration of the cost of living allowance (Cola), the reduction of VAT and introduction of price ceilings amid the rising inflation ...
CoLA in Cyprus eases loss of income from inflation, president says
President Nicos Anastasiades recognised that rising inflation is an ongoing issue, but said the fact there is a cost-of-living-allowance (CoLA) in Cyprus at least in part compensates loss of income ...
Unions: Salary increases vital in face of energy and goods price hikes
Increases in basic salaries in January through the Cost of Living Allowance (Cola) are an absolute necessity given the current spike in the price of energy, goods and services, unions ...