Cyprus: Business / Employee Support for Certain Economic Activities

Submitted by siha on Wed, 12/16/2020 - 18:53
Body

Ministry of Labor, Welfare and Social Insurance (09.12.2020) Businesses and workers in certain economic activities, such as workers in photographers, day care centers, banquet halls and other affected economic activities, the Special Plan for Businesses for Certain Economic Activities can be provided to 50% of employees provided that turnover has been reduced by more than 40%.

measures summary

Businesses and workers in certain economic activities, such as workers in photographers, day care centers, banquet halls and other affected economic activities, the Special Plan for Businesses for Certain Economic Activities can be provided to 50% of employees provided that turnover has been reduced by more than 40%.

Measure date
Regions / Country
Document Type
Description/integral text (Internal-not for publishing)

Business / Employee Support for Certain Economic Activities

In addition to the above, given that the pandemic has disproportionately affected businesses and workers in certain economic activities, such as workers in photographers, day care centers, banquet halls and other affected economic activities, the operation of the Special Plan for Businesses for Certain Economic Activities, under which support can be provided to 50% of employees provided that turnover has been reduced by more than 40%.