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