Trade union leaders were less than pleased following meetings with Finance Minister Makis Keravnos and Labour Minister Yiannis Panayiotou , with Pasydy secretary-general Stratis Mattheou saying afterwards that employers wish to “degenerate” the cost-of-living allowance (CoLA).
“What has been conveyed to us as the employers’ positions, the conditions set for the granting of CoLA, degenerate the institution of CoLA. We believe that they cannot be accepted under any circumstances, which
