Cost of Living Allowance (CoLA)
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...
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),...
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...
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...
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...
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)...
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...
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...
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...
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...