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12° Nicosia,
08 August, 2026
 

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Displaying results 1-10 of 10 matches for query hourly rate.

1. Cyprus labour costs rise to €21.7 an hour in 2025, EU data shows

https://knews.kathimerini.com.cy/en/news/cyprus-labour-costs-rise-to-€21-7-an-hour-in-2025-eu-data-shows

New figures released by Eurostat show that Cyprus recorded an average hourly labour cost of €21.7 in 2025, with non-wage expenses accounting for just under one-fifth of total labour costs....

2. Cyprus faces new labor showdown despite minimum wage deal

https://knews.kathimerini.com.cy/en/business/cyprus-faces-new-labor-showdown-despite-minimum-wage-deal

Cyprus could be heading for a fresh round of labor unrest in 2026, as unions and employers brace for new clashes over wages, pensions and workers’ rights, despite the government having closed the minimum monthly wage issue just weeks ago....

3. €1,088 minimum wage, and everyone’s furious

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....

4. Cyprus approves minimum wage increase of 8.8%, effective January 2026

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....

5. Cyprus sees 4.1% rise in hourly labor costs in second quarter

https://knews.kathimerini.com.cy/en/business/cyprus-sees-4-1-rise-in-hourly-labor-costs-in-second-quarter

The cost of employing workers in Cyprus rose 4.1% in the second quarter of 2025 compared with the same period last year....

6. Once again Lidl Cyprus stands by its people this Easter

https://knews.kathimerini.com.cy/en/news/once-again-lidl-cyprus-stands-by-its-people-this-easter

Lidl Cyprus continues to invest in its team, recognizing their commitment and contribution to the company's success. In this context, it continues to provide additional cash benefits that enhance the income of its employees....

7. Panagiotou: Best labor market performance in the last 15 years

https://knews.kathimerini.com.cy/en/business/panagiotou-best-labor-market-performance-in-the-last-15-years

The labor market in 2024 is achieving its strongest performance in the past 15 years, driven by increased job creation, employment growth, reduced unemployment, and rising wages....

8. Athens teen prostitution sting: Online chats result in arrests

https://knews.kathimerini.com.cy/en/news/athens-teen-prostitution-sting-online-chats-result-in-arrests

Online conversations revealed by Kathimerini shed light on the ongoing investigation into the alleged prostitution racket involving girls aged 14 to 18 in Athens....

9. Inflation sees downward trend for 7th month in a row

https://knews.kathimerini.com.cy/en/news/inflation-sees-downward-trend-for-7th-month-in-a-row

The cost of living in Cyprus has decreased for the seventh month in a row, with the rate of inflation dropping to 6.7% in February. This is down from a peak of 10.6% in July 2022. ...

10. Cyprus' hourly labor costs in 2020 was at €18.10, with some exceptions

https://knews.kathimerini.com.cy/en/news/cyprus-hourly-labor-costs-in-2020-was-at-€18-10-with-some-exceptions

Based on the findings of the Labor Cost Survey (LCS) conducted by the Cyprus Statistical Service, the hourly labor cost was set at €18.10 with 2020 serving as the benchmark year....

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