The recent strike by employees of the north’s Koop Bank and its subsidiaries concluded on Friday after the ruling coalition agreed to withdraw the planned austerity measures affecting workers. This decision followed intense negotiations aimed at addressing the workers’ concerns.
Koop bank: Demands and Negotiations
Workers had presented an eight-item list of austerity measures they wanted the ruling coalition and management to formally renounce. Key demands included halting work for pensioners, abolishing the 13th salary, suspending the cost-of-living allowance, and reducing Eid bonuses by half.
Agreement Reached
On Friday, Durali Guclusoy, the undersecretary to the prime minister, announced that he and ‘prime minister’ Unal Ustel would meet with union leaders to finalise a new collective labour agreement. This agreement aims to define the operational framework for the Koop Bank’s subsidiaries moving forward.
Guclusoy confirmed that the previously considered measures, including the suspension of retirees’ work and salary deductions, have been put on hold until a new agreement is signed. He stated, “The suspension of retirees’ work and the deductions applies to workers, which were previously on the agenda, have been suspended until a new agreement is signed.”
Future Plans with Union Leaders
Mehmetali Guroz, leader of the Koop-Sen trade union, expressed optimism about the negotiations, stating discussions would commence on Monday to draft a protocol that would balance the income and expenses of the workers. Guroz emphasised that the workers would not shy away from previously signed agreements and ongoing negotiations.
He also noted, “We intend to sign the new agreement within a week at the latest, although we have three months to finalise it.” This proactive approach aims to ensure that workers’ rights and benefits are safeguarded in the new contract.
Tensions During Negotiations
Earlier on the same day, Guclusoy was seen engaged in a heated discussion with striking workers outside Ustel’s office. This encounter caught the attention of a journalist, leading to a moment where Guclusoy attempted to take the journalist’s phone, insisting that there was nothing worth filming.
This incident resulted in a backlash from the Cyprus Turkish journalists’ union, which condemned the act as an attack on press freedom. In their statement, the union asserted, “In societies where the press is not free, democracy is also in danger. We will not allow press freedom and democracy to be undermined.”
The union further highlighted that public officials should not obstruct journalists from covering events occurring in public spaces. They remarked, “If [Guclusoy] did not want his discussion to be reflected in the public, he should not have initiated this dialogue in public.”
Community Reaction
The strike and subsequent resolution have sparked mixed reactions within the community. Many workers expressed relief at the ruling coalition’s decision to retract the austerity measures, viewing it as a significant victory for their rights. The outcome has reinforced the importance of collective bargaining and dialogue between workers and management.
However, the incident involving Guclusoy and the journalist has raised concerns about the treatment of the media and freedom of expression in the region. Observers note that such actions could have broader implications for public trust in government officials.
The Importance of Collective Bargaining
This episode underscores the vital role of collective bargaining in protecting workers’ rights. With the labour market facing ongoing challenges due to economic pressures, the ability for workers to negotiate favourable terms is more crucial than ever. The swift resolution of the strike reflects a commitment from both the workers and the ruling coalition to find common ground.
Looking Ahead
As the union prepares to enter negotiations for the new collective labour agreement, stakeholders will be watching closely. The outcomes of these discussions could set a precedent for future dealings between workers and management across various sectors. The hope is for a balanced agreement that addresses the financial realities while ensuring fair treatment for all employees.

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