The draft framework for the cost-of-living allowance (CoLA), presented earlier this week, was sharply criticised by the employers’ and industrialists’ federation (Oev) and the Cyprus chamber of commerce and industry (Keve) in a joint letter to the finance and labour ministries on Friday.
According to local media reports, Oev and Keve said the draft “includes many ambiguities, contradictory points, and references that were never part of the negotiating framework as
