Cyprus - Workers on strike after ETYK bank backs out of collective agreement deal - December 31, 2015

Workers announced a 24-hour strike after collective negotiations at the Cooperative Central Bank ETYK collapsed. The workers are outraged, as the breakdown of the talks comes after an agreement between unions and management has effectively been reached, as reported in last month’s newsletter. ETYK withdrew from the deal last minute, citing objections of the Finance minister as the reason.


For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) or the communications officer at the ETUI, Mariya Nikolova For previous issues of the Collective bargaining newsletter please visit You may find further information on the ETUI at, and on the AIAS at

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