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
Two Cyprus hotels earn their first Michelin Key, and they couldn't be more different From the mountain charm of Lefkara to coastal sophistication in Paphos, Cyprus now boasts two hotels recognized by the Michelin ... Newsroom 24/10/2025 | BUSINESS
Lidl Cyprus strengthens the educational community through the 5th mind REset programme and focuses on sustainability Over 60 teachers from all over Cyprus participated in the training of the mind REset programme, aiming to strengthen ... Press Release 23/10/2025 | BUSINESS
At Mackenzie Beach, the party never ends and neither does the tax evasion Black cash pouch, missing receipts, and warnings of revenue loss. Newsroom 22/10/2025 | BUSINESS
Lidl Cyprus wins 22 awards at the Cyprus Responsible Business Awards & Cyprus Customer Excellence Awards 2024 The company confirms its commitment to responsible entrepreneurship and excellence in customer experience, receiving a total ... Press Release 21/10/2025 | BUSINESS
Major Mackenzie venues escaped tax scrutiny despite red flags Audit Service report says big clubs and event organizers weren’t properly checked, even with warning signs. Newsroom 21/10/2025 | BUSINESS
‘Cyprus can become a regional AI hub’ says INSEAD professor Businesses urged to act fast and build a national AI strategy Newsroom 21/10/2025 | BUSINESS
Massive cybercrime network exposed after draining hundreds of Greek bank accounts Investigators link more than 1,200 suspects to a €6 million phishing operation spanning Greece. Kathimerini Greece Newsroom 20/10/2025 | BUSINESS
Pollution costs push power prices over €200 million Charges for 2025 already exceed last year’s pace, while renewable energy waste hits record levels. Newsroom 20/10/2025 | BUSINESS
Amazon Web Services outage disrupts major apps and websites Platforms including Robinhood, Snapchat, Perplexity, and Venmo go offline due to AWS issues. Newsroom 20/10/2025 | BUSINESS
Yet another private clinic to open in Cyprus Phoenix Medical Center in Strovolos is set to bring modern healthcare services as demand for private clinics rises in Cyprus. ... Dorita Yiannakou 17/10/2025 | BUSINESS
ECONOMY
