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
Trump backs Elon Musk as potential TikTok buyer The former president suggests Musk could acquire the app as TikTok faces ongoing uncertainty in the U.S. Newsroom 22/01/2025 | BUSINESS
Alphamega Hypermarkets expands its presence with new store in Mandria, Paphos Chain’s new store received first customers today Press Release 22/01/2025 | BUSINESS
New €26 million fund to boost startups in Cyprus 33East aims to help young businesses grow and turn Cyprus into a startup hotspot. Newsroom 22/01/2025 | BUSINESS
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Demetra shareholders face tough decision over Logicom’s €1.55 offer Investors are split on whether to accept the takeover bid or hold out for more. Newsroom 21/01/2025 | BUSINESS
British Airways sues for $1.2 million over missing gold jewelry (Update) Airline seeks compensation after nearly 20 pounds of gold jewelry vanish during a flight from Bahrain to Chicago. Newsroom 21/01/2025 | BUSINESS
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Eurobank sells €27M stake in Demetra Holdings Banking giant finalizes sale to Logicom and prepares to acquire a 24.66% stake in Hellenic Bank by February 2025. Newsroom / CNA 17/01/2025 | BUSINESS
ECONOMY
