Delayed restructuring prompts strike action at Central Bank of Cyprus

Cypriot central bank staff strike over lack of communication from senior management on restructuring plans

cyprus-map

Disgruntled employees at the Central Bank of Cyprus went on strike on January 24, amid an ongoing dispute over the organisation’s restructuring.

According to a statement published by the Cyprus Union of Bank Employees (ETYK), staff were directed to strike for two hours following senior management’s decision to “postpone” talks.

“We are communicating with you to express our deep frustration and concern about the way in which the Bank’s management handles the problems we are facing,” the

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