ECONOMY Around 50,000 workers expected to benefit from the wage increase. Photo credit: Unsplash Cyprus approves minimum wage increase of 8.8%, effective January 2026 Newsroom The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026. READ MORE
Cybersecurity and ICT risks emerge as leading drivers of operational risk An interview with José Manuel Campa, Chairperson of the European Banking Authority (EBA), featured in «Κ» Panayiotis Rougalas 03/12/2024 | BUSINESS
Major companies eye Cyprus as European HQ, says annual securities report Cyprus positions itself as a hub for multinational companies and financial innovation Newsroom 02/12/2024 | BUSINESS
Black Friday buzz as shoppers return in full force Surging foot traffic, strategic discounts and renewed consumer interest set a promising tone for the holiday shopping season. ... Newsroom 02/12/2024 | BUSINESS
Greece needs 300,000 foreign workers amid labor shortage Bureaucratic delays in recruitment process hinder key sectors like tourism, construction, and tech. Kathimerini Greece Newsroom 02/12/2024 | BUSINESS
Exclusive Cyber Monday Deals on the Wizz Air App: Save Up to 20% on Flights and Extras! Press Release 02/12/2024 | BUSINESS
Petrolina acquires Esso in Cyprus for €48.6 million Move strengthens Petrolina’s foothold in the Cypriot fuel market Newsroom 28/11/2024 | BUSINESS
Fake Ariel detergent scheme busted in Europe Latvian police uncover 22 tons of counterfeit products tied to organized crime, causing €739,000 in damages. Newsroom 27/11/2024 | BUSINESS
Eurobank’s €1.2 billion investment in Cyprus signals confidence Recent share purchases push Eurobank’s stake in Hellenic Bank, with potential plans for further expansion. Newsroom 27/11/2024 | BUSINESS
