Cyprus - Strike at electricity company averted - November 30, 2017

A dispute at electricity company EAC, which led to a strike announcement, has been settle by a compromise that made the trade unions call off the strike. In a two-hour meeting at the presidential palace between the facility’s trade unions and government representatives the negotiators managed to come to an arrangement that will be worked out in common between the unions and the EAC’s board. The unions’ main demand was that EAC should remain a competitive concern and a strong business that constantly improves. Therefore, EAC has to continue operating as a single nationalised enterprise, moving away from any legal unbundling. However, one key dispute is not solved, which is that the government wants to make the Transmission System Operator – which monitors transmission and production at EAC – a fully autonomous agency.

Read on: in English …

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