The European Commission is demanding that Cyprus address “inefficiencies” in its public sector

The European Commission is demanding that Cyprus address “inefficiencies” in its public sector. “The country specific recommendations also include references to the necessity of resuming the privatization programme, which provided for the sale of state-telecom Cyta and the government, abandoned in face of strong political and union opposition early last year. With respect to the Electricity Authority of Cyprus, which the government removed from its privatization list a year earlier, Cyprus should split it in two by the end of 2017.”