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[Cyprus Times] AKEL: KEDIPES here and now to stop threats of redundancies

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Statement by AKEL Press Representative George Koukoumas

Arbitrariness and arbitrariness at KEDIPES threaten to drive dozens of workers into unemployment, AKEL press spokesman George Koumumas said in a statement, adding that instead of improving the voluntary exit plan, the KEDIPES management is proceeding with redundancies, thus undermining dialogue efforts.

He called on KEDIPES here and now to stop the threats of redundancies and not to proceed with the delivery of redundancy letters to workers. He pointed out that if these are allowed to happen at KEDIPES, then - given the situation in the wider banking sector - the appetite of other commercial banks will open up.

"AKEL stands by the workers at KEDIPES and immediately brings the issue back for discussion in the Finance Committee of the Parliament," he concluded.


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