Half of companies not paying employers’ liability insurance

Half of companies in Cyprus are not paying compulsory employers’ liability insurance, Labour Minister Marinos Mousiouttas said.

Responding to a written question put to him by Disy MP Nikos Georgiou, he said that a total of 66,711 entities were registered as employers in Cyprus at the end of last year, and that just 35,521 have contracts to pay employers’ liability insurance.

He also pointed out that a total of 15,101 companies have their sole director as their only employee...