The Economic and Social Research Institute said that while these moves are progressive, additional measures will be required beyond 2028 to ensure the continued viability of the Social Insurance Fund
The implementation rate of development expenses from the state budget stood at 13 per cent at the end of April, slightly higher than the ten-year average of 12 per cent for the same period, according to the state treasury of the Republic of Cyprus. Regarding revenue, indirect taxes increased by…
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The extent of undeclared work amounts to a rate of 8% of the workforce, which numerically corresponds to approximately 40,000 employees, resulting in income losses for the Social Insurance Fund estimated at €10,000,000 annually, stated the Minister of Labour today.However, according to Yiannis Panag