Search

1. A system built to simplify hiring is now raising fears of worker exploitation

Instead of reducing problems linked to the employment of third-country nationals, the Labour Ministry’s new electronic platform appears to be creating further distortions in the labor market, industry representatives warn, claiming that applications can be submitted without sufficient verification and monitoring....

2. Cyprus: Exporting potatoes, halloumi… and gas?

On Tuesday the 28th of July, 2026, the energy company Eni reached the Final Investment Decision (FID) for the development of the Cronos gas field, located in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ)....

3. Disability transport allowance increased by 33% with back payments for 4,500 recipients

Around 4,500 people receiving Cyprus' Mobility Allowance will see higher monthly payments from July, with the revised amounts due to reach their bank accounts on 29 July together with back payments dating to the beginning of the year....

4. Five years, €1 billion and hundreds of projects: Cyprus closes its EU recovery chapter

The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....

5. One ton of suspected stolen AHK cables found in nationwide scrapyard raids

More than 1,000 kilograms of cables believed to belong to the Cyprus Electricity Authority (AHK) were seized during coordinated police raids on scrapyards across the island in a major crackdown on the illegal scrap metal trade....

6. Cyprus’ path to Schengen: Implications for employers

7. Government plans crackdown on public sector sick leave abuse

The government is preparing changes to the rules on sick leave across the public sector, saying the goal is to tackle abuse while protecting the system for employees who genuinely need time off because of illness....

8. Cyprus ranks second in EU for workers from other member states

Cyprus is one of the European Union’s biggest magnets for workers from other EU countries, ranking second among all member states for the share of its working-age population made up of people born elsewhere in the bloc....

9. Surprise crackdown catches 47 illegal workers across Cyprus

A surprise nationwide crackdown on illegal employment has led to the arrest of 47 people working without the proper permits, while employers were hit with €195,000 in fines for undeclared workers....

10. Cyprus betting revenue tops €360 million

Cyprus' betting industry continued to expand during the opening three months of 2026, with players wagering more than €360 million through licensed land-based and online operators....

11. Alphamega Hypermarkets invest in people and the future of the butchery profession

Alphamega Hypermarkets recently held the graduation ceremony for the fourth graduating class of its Butchery Academy, reaffirming their long-standing commitment to investing in people, education and the development of professions that bring real value to the Cypriot market....

12. Lidl Cyprus continues its dynamic benefits with 14 salaries per year

13. Limassol’s job market stays strong as finance and tech companies continue hiring

While many people are watching the cost of living and wondering where the next job opportunities will come from, Limassol’s employment market continues to show signs of strength, particularly in the finance and technology sectors....

14. Financial clarity: A key driver of SME stability in Cyprus

Small and medium-sized enterprises (SMEs) are central to the Cypriot economy. Yet, as the business environment evolves, many organisations are facing increasing pressure to manage not only growth, but also financial accuracy, compliance, and planning....

15. Invest Cyprus honours international companies at the 14th Invest Cyprus International Investment Awards

Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....

16. There are plenty of jobs, but the right workers are missing

The mismatch between employers' needs and the available workforce presents a greater challenge than labor shortages in key sectors of the Cypriot economy because it negatively affects both business competitiveness and the efficient use of available workers....

17. Finance Ministry rejects staffing claims as school psychologists increase by 69%

The Ministry of Finance has dismissed reports claiming it refused a request to fund additional educational psychologists in next year's state budget, saying discussions on the Ministry of Education's 2027 spending plans are still underway....

18. Landmark pension reform eyes January 2027 rollout with hikes up to 55%

A major overhaul of the Cypriot pension system is moving into its final legislative phases, promising tiered increases for all retirees when it takes effect on January 1, 2027....

19. Permanent military positions for contract soldiers increase by 60%

The Ministry of Defence will grant permanent status to 400 contract professional soldiers (SYOP), expanding the intake from an originally planned 250 positions....

20. How to find out if the government owes you money

The online questionnaire, available at "Find benefits you may qualify for", simplifies the process of identifying financial support by filtering through dozens of state programs based on a user's personal circumstances....

21. Court denies bail to father charged over death of two children in Xylofagou

A Dhekelia British Bases judge has ordered the detention of a father until July 16 after his two young children were found dead inside a parked car in Xylofagou....

22. Alan Greenspan, the ''Maestro''

Alan Greenspan's tenure as head of the Federal Reserve became known as the "Great Moderation". This era was more than enough to earn the American economist the nickname "Maestro."...

23. Licensing chaos in tourism, 55% of accommodations without a license

The issue of licensing Cyprus hotels, which is a long-standing problem, casts shadows over the legality and credibility of the Cypriot tourism product, as it poses risks related to the country's reputation and visitor safety, as the Audit Office points out in a report....

24. Business lending loses momentum because of the Middle East conflict

Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....

25. AEGEAN Continues to Shape Greece's Next Generation of Pilots

AEGEAN announces the launch of a new cycle of its Pilot Scholarship Program, continuing an initiative it has consistently implemented since 2018 with the aim of fostering the next generation of aviation professionals in Greece....

26. Cyprus climbs the global competitiveness rankings

Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....

27. European University Cyprus and K. Treppides & Co Ltd Forge Strategic Partnership to Support Future Finance Professionals

European University Cyprus and K. Treppides & Co Ltd have officially signed a Memorandum of Understanding (MoU), establishing a long-term strategic partnership aimed at enhancing the connection between higher education and the professional services industry....

28. The National and Kapodistrian University of Athens and K Treppides & Co Group Launch a Landmark Partnership to Shape the Next Generation of Leaders in Greece and Cyprus

The National and Kapodistrian University of Athens (NKUA) and K Treppides & Co Group are proud to announce the signing of a Memorandum of Understanding (MoU), executed on Monday, 15 June 2026, marking the beginning of a landmark strategic partnership aimed at bridging academic excellence with professional experience and creating new opportunities for the next generation of economists, business professionals, researchers and leaders in Cyprus and Greece....

29. Left Cyprus for a better career? The government wants you back

The second phase of the government's repatriation campaign begins tomorrow, with events scheduled in London and Birmingham. Cyprus is once again seeking to attract talented professionals who left for opportunities abroad as it looks to strengthen its labor market. ...

30. Cyprus butcher training program draws strong interest

A training program aimed at turning people into qualified butchers, a profession that has quietly remained in steady demand in Cyprus, has kicked off its latest cycle with strong participation and growing interest....