THALIA: Foundations of Change, Prosperity, Equality and Development

Programme “THALIA 2021-2027” constitutes a multi-annual, multi-fund development Programme that was drawn up in accordance to the Article 22 of the Regulation (EU) 2021/1060 (Common Provisions Regulation – CPR), outlining the development strategy for the utilisation of the resources allocated to Cyprus through the Cohesion Policy Funds, for the period 2021-2027.

The total budget of the Programme amounts to €1.81 billion, of which €968 million comes from the EU Cohesion Policy Funds, while the remaining €842 million is the national contribution.

The scheme involves subsidising part of the wage costs of staff as an incentive for employers to hire young people aged 15 to 29 who are not in employment, education, or training and are registered as unemployed with the Public Employment Service (PES) up to one day before or on the date of their recruitment, with flexible employment arrangements.

It is included in the Active Employment Policies measures and contributes to the active integration of vulnerable groups of the population into the labor market.

The aim of the Plan is to recruit 350 young people belonging to the target group.

More information in greek language.

• Employment

• Associations
• Businesses
• Employers
• Small and Medium Enterprises (SMEs)
• Unemployed

Department of Labour – Intermediate Body Managing subsidies
Marios Evgeniou
Labour Officer A
Email: mevgeniou@dl.mlsi.gov.cy
Telephone: 22400907

• Website