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Upcoming U.S. Investments In Cyprus: Insights And Implications

by News Editor

April 12, 2025

President Nicos Christodoulides of Cyprus has addressed recent criticisms regarding his visit to the United States amidst an ongoing trade conflict. The visit aimed to strengthen economic ties, with announcements expected about potential American investments in Cyprus.

Successful Outcomes And Future Prospects

The President assured that the U.S. trip yielded tangible results. He highlighted an increased interest from several American companies keen on investing in Cyprus. This comes amidst a positive shift in the perception of Cyprus as a reliable investment destination, attributed to its strong economic performance.

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Expectations are high for further announcements, not only from the U.S. but also from other international markets where Cyprus sees growing interest. The President’s initiatives align with Cyprus’ strategic goals to diversify and deepen its economic partnerships globally.

Responding To Regional Tensions

In conversations with the EU and Greek officials, President Christodoulides has also addressed Turkey’s reactions to the Cyprus-Greece electricity interconnection project. The EU has expressed its dissatisfaction with Turkey’s stance, which threatens a European Union-funded project.

No Room For Escalation

While committed to safeguarding Cyprus’s rights, the President is focused on preventing any escalation of tensions. He reassures that any actions taken will be within legal frameworks to uphold the sovereignty of Cyprus.

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Cypriot Government Employment Sees Modest Growth in April

by THEFUTURE.TEAM

May 12, 2025

Total government employment in Cyprus increased by 237 persons, a rise of 0.4 per cent, in April, compared to the same month in 2024, reaching a total of 55,490 employees, according to the state statistical service.

Employment in the civil service and the security forces decreased by 1.2 per cent and 1.1 per cent respectively, while the educational service saw an increase of 3.8 per cent.

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Civil Service and Educational Service Breakdown

In April 2025, the civil service employed 11,960 permanent staff, 4,141 employees with contracts of indefinite duration, 1,458 with contracts of definite duration, and 5,798 hourly paid workers.

Permanent employees represented the highest proportion of the civil service workforce at 51.2 per cent, while employees with contracts of definite duration made up the lowest proportion at 6.2 per cent.

In the educational service, there were 12,461 permanent employees, 947 with contracts of indefinite duration, 4,824 with contracts of definite duration, and 141 hourly paid workers.

Permanent staff formed the majority of the educational workforce at 67.8 per cent, while hourly paid workers accounted for only 0.8 per cent.

Security Forces Breakdown

Within the security forces, 8,430 were permanent employees, 4,304 held contracts of indefinite duration, 267 were on definite-duration contracts, and 759 were hourly paid workers.

Permanent employees again made up the largest group in the security forces at 61.3 per cent, with definite-duration contracts representing just 1.9 per cent.