With no seen prospect of a decision of the dispute, the employees' strike on the concrete corporations continues, inflicting incalculable injury to the Cypriot financial system.
Regardless of successive mediation efforts by the Ministry of Labor, no settlement has but been reached, on account of which work within the building sector has been frozen.
The employees are insisting on full reinstatement of their contractual rights to time beyond regulation pay.
The place of the Affiliation of Concrete Producers is that there may be no return to the collective settlement, which was legitimate 20 years in the past.
In bulletins issued by the affiliation of contractors and the affiliation of actual property brokers, they warn that there shall be tragic penalties for the financial system and name on the events concerned to bridge their variations as quickly as attainable.
Supply: Radio RIK
FIL/PG