Cyprus Business Now
The latest trends in government employment in Cyprus show an increase of 1.6% in November 2023, with a rise of 867 employees. Temporary positions, especially in educational services, have surged due to policy changes, despite a decline in permanent staff by 722 individuals. The educational sector saw the most significant temporary staff increase at 34.7%. Additionally, the Cyprus Shipping Chamber participated in the “Shaping the Future of Shipping: Delivering a Net Zero World Summit,” highlighting the country’s commitment to a sustainable and carbonneutral shipping industry. Meanwhile, the Cyprus Stock Exchange encountered a downturn, with losses reported in the market.