Uncertainty surrounds the appointment of Loizos Oikonomidis to the Cyta board

The appointment of Loizos Oikonomidis to the board of directors of the Cyprus Telecommunications Authority (Cyta) has triggered a public debate regarding potential conflicts of interest. On August 11, 2026, two labor unions, PASE ATHK and SEP ATHK, issued a joint statement noting they have no objection to his appointment, provided that no legislative incompatibility exists. Their position follows concerns raised by his wife's employment at the organization.

Contrasting reactions have emerged from other groups, specifically the ASET-Cyta union, which officially challenged the appointment citing institutional incompatibility and conflict of interest. While PASE ATHK and SEP ATHK maintain a conditional neutral stance, the government is reportedly considering his replacement to address the controversy. Reports indicate that the government intends to resolve the issue at the upcoming Council of Ministers meeting, where the formal replacement of Mr. Oikonomidis is expected to be finalized.