https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
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....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026
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....
https://knews.kathimerini.com.cy/en/business/banks-agree-employees-to-get-€4-500-in-bonuses-salary-hikes-and-expanded-loans
Cyprus’ bank staff are looking at a festive season with some serious perks on the horizon. After weeks of negotiations, banks and the union ETYK have reached a final agreement on a new collective contract covering 2023–2027....
https://knews.kathimerini.com.cy/en/comment/opinion/food-for-thought-the-public-sector-crisis-cyprus-can-no-longer-ignore
As the year draws to a close, it is time to take stock, and once we do, it is time to correct what has gone wrong....
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/business/cyprus-2024-data-show-gender-pay-gap-persists-across-sectors
Despite gradual improvements, women in Cyprus continue to earn less than men on average, according to the latest data from the Statistical Service for 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-bank-workers-win-pay-boost-and-extra-leave-in-landmark-deal
Negotiations over the renewal of the 2023–2027 Collective Agreement between the Cyprus Banks Association (KESK) and the Cyprus Bank Employees’ Union (ETYK) have ended on a positive note, clearing the way for pay increases and improved benefits for bank employees....
https://knews.kathimerini.com.cy/en/business/etyk-and-banks-seal-long-awaited-collective-agreement
“White smoke” has finally emerged after marathon negotiations between the Cyprus Union of Bank Employees (ETYK) and the country’s banks, regarding the long-pending collective agreement that has remained unresolved since late 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-cola-comeback-what-changes-who-benefits-and-who-s-still-left-out
Cyprus’ long-running debate over the Cost-of-Living Allowance (COLA) reached a turning point this month, with President Nikos Christodoulides presenting a new deal as a major win for fairness and the middle class....
https://knews.kathimerini.com.cy/en/news/cyprus-top-paid-teachers-yet-bottom-range-results
Cyprus is knee-deep in a fiery debate over teacher evaluations, a tug-of-war so intense it has already sparked strikes, hardened positions, and stirred up public frustration....
https://knews.kathimerini.com.cy/en/business/black-friday-hits-cyprus-shoppers-warned-to-watch-for-real-deals
Cyprus has officially entered Black Friday week, and retailers are hoping for one of the strongest shopping weekends in years, as long as shoppers believe the deals are real....
https://knews.kathimerini.com.cy/en/business/revenue-slumps-budget-spending-trails-in-cyprus
By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....
https://knews.kathimerini.com.cy/en/comment/opinion/price-isn-t-everything
Lately, I find myself talking more and more about my dining experiences. And, fortunately for me, I’m not the only one....
https://knews.kathimerini.com.cy/en/business/daily-genai-users-see-higher-pay-job-security-and-productivity-–-while-a-third-of-the-global-workforce-regularly-feel-overwhelmed-pwc
Workers who used generative AI (GenAI) daily over the last year report being more productive, and seeing higher job security and pay, according to PwC’s 2025 Global Workforce Hopes & Fears Survey....
https://knews.kathimerini.com.cy/en/news/cyprus-wages-lag-behind-eu-average-though-growth-continues
Now that the Cost of Living Allowance agreement was signed yesterday, it’s a good moment to take a closer look at how Cypriots’ salaries stack up against their European neighbors, and the numbers tell an eye-opening story....
https://knews.kathimerini.com.cy/en/business/cyprus-restaurants-cleaner-and-friendlier-but-prices-all-over-the-map
Cyprus restaurants may be cleaner and more polite these days, but diners are still facing wild price swings and patchy service, according to the annual assessment by the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/news/14-cypriot-students-safely-return-home-after-being-trapped-in-tanzania
Eighteen Cypriots, including 14 students and two teachers, have safely returned to Cyprus following a period of uncertainty caused by political unrest in Tanzania. ...
https://knews.kathimerini.com.cy/en/news/bean-bar-offers-brunch-and-delicious-food-options-that-stand-out
Bean Bar offers some delicious surprises to satisfy every taste preference. The new, updated menu available at the chain’s two flagship stores on Makariou Avenue in Nicosia and Kolonakiou Avenue in Limassol stands out for its unique flavours and high-quality ingredients. ...
https://knews.kathimerini.com.cy/en/news/cypriot-students-stranded-abroad-begin-journey-home-from-tanzania
Cyprus has begun the process of bringing home 14 students who were stranded in Tanzania, the Foreign Ministry confirmed....
https://knews.kathimerini.com.cy/en/business/lidl-up-learn-work-launch-of-innovative-programme-with-the-first-10-participants
Lidl Cyprus announces the official launch of the training programme ''Lidl UP: Learn & Work'', an innovative initiative in the field of Retail Management that combines theoretical training with practical experience in real working conditions. ...
https://knews.kathimerini.com.cy/en/news/limassol-s-new-local-authority-hailed-as-early-success-of-government-reform
Fifteen months after Cyprus rolled out its sweeping local government reform, Limassol’s new district authority is being held up as one of the early success stories....
https://knews.kathimerini.com.cy/en/business/cypriots-earn-a-bit-more-in-2024-just-don-t-spend-it-all-at-once
Workers in Cyprus took home more money in 2024, but the pace of wage growth lost steam as inflation continued to squeeze household budgets....
https://knews.kathimerini.com.cy/en/news/‘crazy-but-not-insane-hasguler-vows-to-return-varosha
In a political race already full of surprises, Turkish Cypriot academic Mehmet Hasgüler, running as an ''independent candidate'' for the ''presidency'' in the north, has stirred headlines with a mix of bold promises, eccentric charm, and calls for peace....
https://knews.kathimerini.com.cy/en/business/cyprus-teachers-rank-among-europe-s-best-paid-after-15-years-in-the-classroom
Cypriot teachers see some of the fastest salary growth in Europe, according to new figures released by Eurydice, the European Commission’s network for education analysis....
https://knews.kathimerini.com.cy/en/news/lakatameia-municipality-condemns-fourth-act-of-vandalism-in-one-year
The Municipality of Lakatameia reported Sunday that the park on Salaminos Street in Tseri has been vandalized for the fourth time within a year....
https://knews.kathimerini.com.cy/en/business/cyprus-state-payroll-to-rise-€153-million-in-2026-budget
Cyprus’ state payroll is set to climb again in 2026, with government spending on personnel projected to rise by €153 million despite efforts to rein in hiring....
https://knews.kathimerini.com.cy/en/business/labour-minister-calms-unions-by-outlining-framework-for-ata-for-all
The minister tried to calm union concerns in order to avoid a second general strike....
https://knews.kathimerini.com.cy/en/business/consensus-on-cola-appears-out-of-reach-as-legal-concerns-mount
The government faces mounting uncertainty over its “COLA for all” pledge, as a legal opinion obtained by employer organizations suggests universal application of the Cost-of-Living Allowance (COLA) in the private sector would be unconstitutional....
https://knews.kathimerini.com.cy/en/news/lack-of-teacher-interest-threatens-all-day-schools
Optional All-Day Schools will reopen on Monday, but education officials are already warning of serious staffing problems that could undermine the program....
https://knews.kathimerini.com.cy/en/comment/opinion/pensions-without-age-limits
We are told that the social insurance system is strictly contributory. You get back what you pay in. Except, of course, for state officials, who collect generous pensions without ever having made equivalent contributions. ...