subsidy scheme

Holiday subsidy scheme launched

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Holiday subsidy scheme launched

The Ministry of Labour and Social Insurance has launched a “Holiday Subsidy Scheme for Low-Income Pensioners in mountain region resorts and Pyrgos Tyllirias.” The plan offers fully subsidized accommodation with full board for low-income pensioners at selected resorts during specific dates. Eligible beneficiaries include recipients of the Low-Income Pensioners Support Scheme, Minimum Guaranteed Income recipients, and pensioners with specific income thresholds. Applications can be submitted starting June 3, 2024, until funds are exhausted.

Treasury highlights stable expense management

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Treasury highlights stable expense management

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.

Government approves subsidised holidays for pensioners and employees

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Government approves subsidised holidays for pensioners and employees

The Council of Ministers approved two subsidised holiday schemes to boost domestic tourism and support low-income residents. The Low-Income Pensioners’ Holiday Subsidy Scheme offers free four-day stays in mountain resorts and Pyrgos Tillyrias for eligible individuals. The Employed Persons’ Leave Subsidy Scheme provides fully subsidised six-day stays for employed persons who received leave benefits in 2023. Labor Minister Yiannis Panagiotou stated that the aim of the schemes is to provide quality services to low-income residents and employees, while supporting mountain resorts and off-season tourism. Application procedures will be announced by the Ministry of Labour and Social Insurance.

Missing warranties in ‘Photovoltaics for All’ scheme, Consumers’ Association warns

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Missing warranties in ‘Photovoltaics for All’ scheme, Consumers’ Association warns

The Cyprus Consumers’ Association warns consumers about companies in the ‘Photovoltaics for All’ scheme not providing the mandatory seven-year warranty on installations. Consumers are advised to carefully review offers and contact the association for help securing their rights.