Averof Neophytou, the ruling party chair, raised the issue of minimum guaranteed income in parliament earlier this week, which is currently at €500 per month for people who have no source of income.
Neophytou pointed out this was a measure implemented by his government after the unprecedented bailout in 2013 and followed the collapse of the banking system.
At the time, unemployment reached 18%, and Neophytou said, “We needed to support people at a time of need, but since then, things have changed, and we need to review the effectiveness of this measure in light of current labour shortages”.Neophytou is correct […]
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