Union ÜPO rejects cut to surplus fund contributions
The union ÜPO (ΠΕΟ) expresses strong resistance to employer associations' demand to reduce contributions to the surplus fund (Ταμείο Πλεονασμού). ÜPO demands tripartite dialogue in decisions regarding social funds and criticizes the economic policy of the Anastasiades and Christodoulides governments. The dispute reveals deep tensions between labor and capital in Cyprus.