POLICY OMADA NEWS #President #Council of Ministers #Occupations
The number of decisions by the Council of Ministers relating to the economy and labor were reported today by the President of the Republic, Mr. Nikos Christodoulides, at the start of the Council of Ministers at the Presidential Palace, noting that in May he would go to London for a meeting with Cypriots who They work there with the aim of returning to Cyprus and their employment on the island.
Addressing members of the Council of Ministers, the President of the Republic said "I will refer to three issues that I consider particularly important, taking into account the rate of growth of the economy that is one of the highest in Europe and the limitation of unemployment to 5% that is a record of low 15 years .
Today, we make two important decisions on the labor market. Recall that we have an increase in employment to 80% but also an average salary improvement of 8.5%.
Within this context, today we make two decisions. The first concerns the increase in the minimum wage for 19 professions in the hotel industry, with power from 1/1/2025. It should be noted that over the last two years, the increase is over 10% over wages, significantly boosting salaries for thousands of low -wage hotel workers.
Second, the ongoing growth of the economy creates new jobs, creates increased needs combined with reducing unemployment and is for this reason that on May 21 I will go to London to meet with Cypriots working there, to present an attractive Package for their return to Cyprus. I will also be accompanied by Cypriot and foreign businessmen looking to find staff. We will go to try- and I think it will be successful- to bring back to our place and to have brain gain instead of brain drain.
Within this context of the needs created, today we will have the framework of the employment of foreign employees, so that businesses can be able to operate.
I am very pleased that last night as part of an event I saw the President of the Pancyprian Coordinating Council of Volunteering, who told me that after 19 years the executive is coming to lay the foundations for a more flexible, more effective and methodical operation of PSE. Volunteering in our country in all areas, but in particular in the field of social welfare, it plays a decisive role, recognizing their role today, we come today after 19 years of law passed - in 2006 with regulations and regulations dating back to 1993 - to We change it, modernize and make the function more effective and methodical. We want civil society to participate in both decision -making and challenges. I said many times that we are accountable only to Cypriot society, for what we have promised in society in the context of social contract that We signed with her, we get results. "
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