Cyprus - Bankers union against unemployment benefits decision - December 31, 2022

The bank workers union (Etyk) released a statement responding to the recent decision stipulating that former bank employees who left their positions by accepting voluntary exit schemes are not entitled to unemployment benefits. The specific employees are not considered to be unemployed in the traditional sense because they left through a voluntary plan, receiving redundancy and additional compensation from their employer. The union said that this decision amounts to targeting bank employees and added that the union will take every action to resolve “this great injustice”.

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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.

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