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ETYK raises voluntary retirement compensation to 350,000 euros amid Bank of Cyprus and CDB Bank deal · Cyprus Report

Economy · Cyprus

ETYK raises voluntary retirement compensation to 350,000 euros amid Bank of Cyprus and CDB Bank deal

1 sourceFirst reported 2 hours agoUpdated 2 hours ago

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The Bank of Cyprus has completed an agreement to acquire the operations of CDB Bank.
The ETYK union has secured a voluntary retirement scheme reaching up to 350,000 euros, surpassing the previous 200,000-euro threshold.
The development comes amid a period of inflation and high the cost of living that continues to compress workers' incomes.

Generated by AI from the 1 sources below · always verify with the originals

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All coverage (1)

Η ΕΤΥΚ «έσπασε» το κατεστημένο των €200.000 και εκτίναξε την εθελούσια στις €350.000!Philenews · 2 hours ago

AI summary: catch up in 20 seconds

The Bank of Cyprus has completed an agreement to acquire the operations of CDB Bank.
The ETYK union has secured a voluntary retirement scheme reaching up to 350,000 euros, surpassing the previous 200,000-euro threshold.
The development comes amid a period of inflation and high the cost of living that continues to compress workers' incomes.

Generated by AI from the 1 sources below · always verify with the originals

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