Concerns about the consequences of the exit of Cyprus from the program without completing commitments as to the privatization of Cyta, prevail in the government. The government is sure about the...
The parliament will be the stage for the final act of the creation or not of Cyta private company while safeguarding employees' acquired rights through draft legislation submitted to parliament....
12/01/2016
The Cyprus government finds itself in a difficult position after the answer given by international creditors regarding the unbundling of Electricity Authority. The answer of the troika caused...
31/12/2015
The government is intensifying its efforts to meet the prerequisites for the disbursement of the €350 mn tranche from the troika, amid growing reactions by employees at the Electricity Authority (EAC...
29/12/2015
Labor confrontations are breaking out in sensitive areas of the economy, on the verge of the exit of Cyprus from the Memorandum. The handling of trade unions’ requests by the government seems to...
17/12/2015
The disagreement between the government and Cyta workers is confirmed after the meeting of President Anastasiades with the leaders of the five trade unions that are organized in Cyta. The government...
16/12/2015
If Cyta is not privatized, this will be a lost opportunity for the economy and the organization, the Finance Minister Harris Georgiades stressed in his statements today. Speaking this morning on...
15/12/2015
The share that the government will keep in Cyta which is under privatization seems to be key for the enactment of relevant bills by the Cyprus parliament. Although all parliamentary parties except...
15/12/2015
The cabinet approved today the bills on Cyta privatisation as well as the regulations framework which secures, as the finance minister Haris Georgiades said, "in an absolute and completely clear...
14/12/2015
The government takes an uncertain step towards the sale of Cyta today as it submits draft legislation to the cabinet while workers go on protests to prevent privatization. Finance Minister Harris...
14/12/2015