The Cost of Living allowance (CoLA) must be modernised so that it responds to society’s needs , Labour Minister Yiannis Panayiotou said on Tuesday, as the island braces for a nationwide strike on Thursday.
Final talks on Monday afternoon between unions, employers and the minister failed to find a solution to cancel the strike.
Speaking on CyBC radio, Panayiotou said the government’s plan is to create a CoLA system that
