ECONOMY €1,088 minimum wage, and everyone’s furious Dorita Yiannakou After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others. READ MORE
Cyprus approves minimum wage increase of 8.8%, effective January 2026 Monthly minimum pay rises to €1,088 after six months of employment, with higher entry-level wages also confirmed. Newsroom 23/12/2025 | BUSINESS
New Bean Bar store opens at the Mall of Cyprus The brand marks another milestone with the opening of its 21st store and its first ever mall location. Press Release 22/12/2025 | BUSINESS
The electricity market is open...so why are Cypriots still paying so much? Wholesale prices are transparent, but households feel no benefit as key energy projects remain stuck in limbo, according ... Newsroom 22/12/2025 | BUSINESS
Former ministers in the crosshairs: Anti-corruption probe points to criminal liability in Trimiklini scandal Investigation finds former ministers and senior officials may be responsible for years-long operation without permits. Newsroom 20/12/2025 | BUSINESS
AI is coming, but your job might be safer than you think Survey finds roles exposed to automation are actually growing...for now Newsroom 20/12/2025 | BUSINESS
Alpha Bank S.A. announces agreement on the key commercial and legal terms of strategic insurance transactions in Cyprus Press Release 19/12/2025 | BUSINESS
Big insurance shake-up coming to Cyprus Alpha Bank moves to merge Universal and Altius into a market heavyweight. Newsroom 19/12/2025 | BUSINESS
€75,000-a-bottle wines go up in flames in Limassol arson attack Luxury cellar tied to Demosthenous associate suffers heavy losses; police step up protection for foreign owner. Newsroom 19/12/2025 | BUSINESS
Kapnos Airport Shuttle expands holiday services across Cyprus 110 additional departures added to meet increased festive travel demand at Larnaca Airport. Newsroom 18/12/2025 | BUSINESS
Germany pours €50 billion into new weapons and defenses Missile shields, combat vehicles and gear for soldiers fast-tracked as critics warn of reckless spending. Newsroom 18/12/2025 | BUSINESS
ECONOMY
