Cyprus Business Now: bank employee agreement, Jumbo sales, cable survey

Hellenic Bank and the union representing its employees, Etyk, have finalised a new collective agreement, based on the preliminary accord reached in April 2023 with the mediation of the Labour Minister.

This agreement, which marks the renewal of the contract initially due in 2018, will retroactively cover the period from January 1, 2019, to December 31, 2022, impacting roughly 2,200 bank employees.

The agreement aims to align the remuneration of former Cyprus Cooperative Bank...