Cyprus -Enough money to pay state wages -October 27, 2012

Responding to concerns that the government will not have enough liquidity to meet its wage obligations in November, a government spokesman assured that there is ‘no such possibility’. Officials in Nicosia are finalising a strategy in light of the scheduled arrival of the troika. A definitive date has not yet been set, with troika negotiations and contacts continuing, aimed at the prospect of a deal as soon as possible.

English:  http://famagusta-gazette.com/cyprus-will-be-able-to-pay-state-wages-next …

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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