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...
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
The apparent change of course in the privatization of the Electricity Authority and Cyta and the government’s difficulty to manage prerequisites of the last evaluation of the adjustment program,...
11/12/2015
The privatization of Cyta is uncertain following recent rapid developments, particularly after the decision to stop the privatization of EAC. DIKO through its president Nicolas Papadopoulos,...
10/12/2015
Households are turning to tablet computers as the results of the annual survey ‘Information and Communication Technologies Usage in Households and by Individuals 2015’ of the Statistical Service show...
04/12/2015
Taxpayers will be called to cover the cash deficit in the Cyta provident fund today. This time the money will come from the organization itself and in case of privatization, €140 mn will be needed...
03/12/2015
Cyta is headed for privatization with profits of €59 mn, based on the organization’s budget submitted to the parliament. Cyta surplus will reach € 58,6 mn in 2016 compared with € 56,2 mn in 2015 and...
26/11/2015
Lawyers of Cyta unions have examined the 15 articles of the bill on labor issues which will be submitted for evaluation on Thursday, under a broad meeting with the participation of workers’...
26/11/2015
The public sector currently has the ability to absorb 1918 Cyta employees and hourly paid staff in several positions which are still vacant, if they would accept to move to the public service by...
18/11/2015
The government opens the door to all of Cyta employees to remain in the public sector after the organization’s privatization, giving them the option to work at Cyta Ltd with unpaid leave from state...
18/11/2015