New Funds in Cyprus Media: Prospects and Transparency

The influx of new investment capital into the Politis and Phileleftheros media organizations has been welcomed by the Cyprus Union of Journalists (ESK) as a positive development for the industry.

The President of ESK stressed that the new funds create prospects for higher quality journalism and improvement of the working conditions of journalists.

The ESK highlighted the need for greater transparency in the ownership of media, so that citizens know who owns shares in each organization.

Finally, the importance of safeguarding the pluralism of views and freedom of the press was emphasized, so that journalism remains a bastion of democratic expression.