Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure CY-2020-44/1590 – measures in Cyprus
|Country||Cyprus , applies nationwide|
|Time period||Open ended, started on 26 October 2020|
Protection of workers, adaptation of workplace
– Changes in work organisation
|Author||Loucas Antoniou (INEK) and Eurofound|
|Measure added||10 December 2020 (updated 29 January 2021)|
Bank of Cyprus (BoC) set a bundle of protective measures against the spread of COVID-19 and the protection of employees and customers, which is based on the health and safety protocols issued by the Ministry of Health but adjusted to serve the Bank’s needs. The measures have been amended since the first introduction in accordance with the epidemiological data. The bundle of measures is currently implemented in all branch offices around the Island. Internet services and online banking are in focus but arrangements for people without technologies skills that require the physical presence in branch offices are also provided in the bundle.
Apart from the general health and safety measures (i.e., antiseptics, social distancing, labelling, disinfection of spaces) applied in the branch offices of BoC, the bundle of measures of BoC incudes:
Information on the effectiveness of the measures is hard to be obtained or estimated. However, the bundle of measures shall potentially help the spread of the virus among the elderly and vulnerable groups and serve the interests of the general public. Additionally, the implementation of the measures is likely to provide protection among the employees of the Bank, especially those in the first line serving customers face-to-face.
The COVID-19 risk group at the workplace
||Applies to all citizens|
Company / Companies
No special funding required
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Role||No involvement||No involvement|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
Social partners were not involved in the designing phase of the bundle of measures and they are not currently involved in the implementation and monitoring process. This is an internal regulation of the BoC, which follows and adjusts the Ministry of Health protocol for health and safety against COVID-19.
There is not particular reaction or expressed views from social partners for the BoC measures. However, the Central Bank of Cyprus (CBC) supports the initiatives of the Bank to implement such measures and calls all Banks to follow the governmental guidelines and publish their own health and safety protocols in their web pages.
This case is sector-specific (only private sector)
|Economic area||Sector (NACE level 2)|
|K - Financial And Insurance Activities||K64 Financial service activities, except insurance and pension funding|
This case is not occupation-specific.
Eurofound (2020), Protection measures in the Bank of Cyprus branch offices, measure CY-2020-44/1590 (measures in Cyprus), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/CY-2020-44_1590.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.