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Cyprus Cabinet Approves €18M Employment Aid for 2,110

9/4/2025

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Summary

Story summary

On September 3, 2025, the Cabinet of Cyprus approved employment schemes for 2,110 individuals with a budget of €18 million.
Labour Minister Yiannis Panayiotou noted the unemployment rate is below 5%, the lowest since 2008, with an employment rate over 80%.
The schemes target women, youth aged 15-29, and older workers aged 50-65 to improve full employment conditions.

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Story summary

On September 3, 2025, the Cabinet of Cyprus approved employment schemes for 2,110 individuals with a budget of €18 million.
Labour Minister Yiannis Panayiotou noted the unemployment rate is below 5%, the lowest since 2008, with an employment rate over 80%.
The schemes target women, youth aged 15-29, and older workers aged 50-65 to improve full employment conditions.