Yesterday the plan for Cyprus’s Digital Strategy has been approved by the Cabinet. The plan covers 3 years starting with 2015 and its part of the wider plan to restructure the economy and create new jobs. 75% of the implementation costs will come from EU funds. The objectives of the plan include: Modernisation of the […]
public sector
Cyprus public sector employee worked a total 47 days in 2 years with full pay
A case that sounds more like a scenario for a Hollywood comedy was under investigation by the Public Service Commission in which an employee of Cyprus Press Information Office (P.I.O), managed to attend work for only 47 days during a 2 year period and get away with it. The employee under investigation in 2010 showed […]
Cyprus State Fair Authority shut down
The cabinet at its yesterday’s meeting has decided the immediate cease of operations of the Cyprus State Fair Authority. The organisation has been requesting its closure for the past few months being unable to maintain the premises, operate and support its employees with debts of over 6 million euro. A 200,000 euro aid was approved […]
30% more money to public servants
According to the Cyprus Statistical Service, employees of the Cypriot Public Sector earn 30% more than their private sector counterparts.
Study shows corruption in Cyprus is widespread
According to a survey conducted by the Cyprus University of Technology corruption is widespread in Cyprus in politics, the society, the public and private sector.
Economists say ‘Cut public payroll now’
A very interesting article in Cyprus Mail explaining why Cyprus economy can only become competitive again by either cutting down on public payroll spending or by investing on research and technology.