Philenews

Trade Unions Support Modernization of Cyta Framework

Published February 24, 2026, 14:12
Trade Unions Support Modernization of Cyta Framework

Cyta's trade unions express their support for the Ministry of Finance's bill to modernize the organization's regulatory framework, ahead of the discussion in Parliament. The unions emphasize that Cyprus is entitled to a public organization that evolves and competes fairly, generating social benefits. They highlight that Cyta should have the ability to meet modern needs, as the telecommunications and energy sectors converge. They point out that the market is already open and competitive, and Cyta is entitled to equal treatment. Particular reference is made to Cyta's intention to engage in the supply of energy from renewable sources, targeting groups that do not have access, such as young couples and the elderly. The unions warn that failure to approve the bill will maintain an outdated framework, limiting Cyta's development.