Hotel support plan pairs 30 per cent wage subsidy with layoff freeze

Labour Minister Marinos Mousiouttas is due to present the government’s support plan for the hotel industry on Friday morning, as authorities move to cushion the sector from the economic fallout of the Middle East crisis.

According to information available, Mousiouttas invited both hotel associations and trade unions to his office for a morning meeting to outline the scheme and the criteria that will apply.

Under the plan, the state subsidy for employees’ salaries in April will remain at 30 per cent...