ETYK stays silent on new Protaras hotel purchase

Bank employees appear to be keeping information about a hotel acquisition in the Pernera area of Protaras out of public view, reportedly made through TETYK, the Bank Employees’ Welfare Fund of Cyprus, which operates under ETYK, the bank employees’ union.

According to philenews, the deal appears to have been settled for some time, with related information reaching even local authorities. However, bank employee representatives have not yet returned philenews’s calls to confirm or deny what is...