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Central Bank agrees collective agreement in effort to streamline structure
January 21, 2022
The Central Bank of Cyprus (CBC) announced on Thursday that it has signed a new collective bargaining agreement with the Cyprus Union of Bank Employees (Etyk).
“Today’s agreement is a milestone for the central bank,” CBC Governor Constantinos Herodotou said after the signing.
Herodotou said that the new agreement will see the central bank simplify its organisational structure, which will consist of ten employment levels.