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12° Nicosia,
17 November, 2025
 

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Displaying results 1-30 of 82 matches for query labor costs.

1. Cyprus counts 175,000 legal migrants as irregular arrivals plummet 89%

https://knews.kathimerini.com.cy/en/news/cyprus-counts-175-000-legal-migrants-as-irregular-arrivals-plummet-89

The Republic of Cyprus now hosts more than 175,000 legally residing nationals from non-EU countries, according to figures presented this week to Parliament by the Deputy Ministry of Migration and International Protection. ...

2. Cypriots earn a bit more in 2024, just don’t spend it all at once

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....

3. Cyprus central bank projects 3.3% economic growth in 2025

https://knews.kathimerini.com.cy/en/business/cyprus-central-bank-projects-3-3-economic-growth-in-2025

Cyprus’s economy is expected to expand by 3.3% in 2025, with unemployment dropping to 4.6% and inflation easing to 1%, the Central Bank of Cyprus said Tuesday in its latest projections....

4. Working from home? Cyprus employers will pay

https://knews.kathimerini.com.cy/en/business/working-from-home-cyprus-employers-will-pay

Starting Nov. 1, employers in Cyprus will have to pay a minimum amount to cover their employees’ home office costs, like internet, electricity, and equipment. The rule will apply to both private companies and public sector workers, where teleworking has been allowed since 2023....

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. Fight over fair pay for all heats up

https://knews.kathimerini.com.cy/en/business/fight-over-fair-pay-for-all-heats-up

Cyprus is bracing for fresh labor tensions as the government pushes ahead with plans to extend the Automatic Cost of Living Allowance (ATA) to all workers, a pre-election pledge by President Nikos Christodoulides....

7. Cyprus workers to strike Thursday as government pushes ATA pay reform

https://knews.kathimerini.com.cy/en/news/cyprus-workers-to-strike-thursday-as-government-pushes-ata-pay-reform

Cyprus’ Labor Minister Yiannis Panayiotou made a last-minute appeal to trade unions Wednesday, urging them to hold off on Thursday’s planned general strike as he unveiled the government’s updated framework for the automatic cost-of-living adjustment, known locally as the ATA....

8. Cyprus braces for nationwide strike over cost-of-living dispute

https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-nationwide-strike-over-cost-of-living-dispute

Cyprus is bracing for a nationwide strike next week, after trade unions announced a three-hour walkout on Sept. 11 in protest over stalled talks on the cost-of-living allowance known as ATA....

9. Cyprus salaries rise by 13% over two years, Labour Minister says

https://knews.kathimerini.com.cy/en/business/cyprus-salaries-rise-by-13-over-two-years-labour-minister-says

Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately €2,500, Minister of Labour and Social Insurance Yiannis Panayiotou announced Wednesday, citing recent Eurostat data....

10. Cypriot unions to hold bi-communal May Day rally in Nicosia Buffer Zone

https://knews.kathimerini.com.cy/en/news/cypriot-unions-to-hold-bi-communal-may-day-rally-in-nicosia-buffer-zone

Greek Cypriot and Turkish Cypriot unions will mark May Day with a joint rally Thursday in the United Nations-controlled buffer zone in Nicosia, calling for peace, workers’ rights and renewed efforts toward reunification....

11. No, pork prices haven’t gone up because of e-Kalathi, retail chief says

https://knews.kathimerini.com.cy/en/news/no-pork-prices-haven-t-gone-up-because-of-e-kalathi-retail-chief-says

If you’ve noticed pork prices creeping up lately, you’re not imagining things. But according to the head of Cyprus’ Retail Trade Association, Marios Antoniou, it has nothing to do with the upcoming launch of e-Kalathi, the state’s digital price comparison tool....

12. Nicosia Mayor sounds alarm over city's financial crisis

https://knews.kathimerini.com.cy/en/news/nicosia-mayor-sounds-alarm-over-city-s-financial-crisis

Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...

13. Anti-immigration rhetoric grows, but immigrants could help Europe's (and Cyprus') aging populations

https://knews.kathimerini.com.cy/en/news/anti-immigration-rhetoric-grows-but-immigrants-could-help-europe-s-aging-populations

The rise of far-right, anti-immigration politics across Europe is threatening to accelerate the continent’s demographic decline, experts warn, potentially triggering economic instability, labor shortages, and soaring costs for elderly care....

14. EY: The biggest risks facing Cyprus and governments worldwide

https://knews.kathimerini.com.cy/en/news/ey-the-biggest-risks-facing-cyprus-and-governments-worldwide

As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....

15. Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

https://knews.kathimerini.com.cy/en/news/is-cyprus-public-sector-too-large-hiring-freeze-lifted-amid-rising-costs

The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....

16. The 'dragon' threatens citrus and exports

https://knews.kathimerini.com.cy/en/business/the-dragon-threatens-citrus-and-exports

The Ministry of Agriculture, Rural Development, and Environment is requesting the support of local authorities to prevent the destruction of the island’s citrus crops....

17. 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....

18. The President’s bold move: Passport revoked, secession on the horizon?

https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-bold-move-passport-revoked-secession-on-the-horizon

I begin with a bow to our dear young Nikos, who, with a fiery decision, didn't hesitate to take on everyone and everything by revoking the passport of the President of Paphos' football club, even though he himself is from Paphos and a fan of the team! Great balls of fire. Respect, Mr. President!...

19. Government faces labor strikes as key sectors demand action

https://knews.kathimerini.com.cy/en/news/government-faces-labor-strikes-as-key-sectors-demand-action

Cyprus is grappling with escalating labor unrest in its most crucial industries, as healthcare, construction, and tourism workers push for long-standing demands. ...

20. Filipino seafarers fight for equal pay in billion-euro shipping industry

https://knews.kathimerini.com.cy/en/news/filipino-seafarers-fight-for-equal-pay-in-billion-euro-shipping-industry

In a significant case highlighting wage disparities in the maritime industry, a Filipino seafarer is challenging the unequal pay practices faced by workers from Southeast Asia compared to their European counterparts in the Netherlands....

21. ECB cuts rates again as Eurozone inflation and economy struggle

https://knews.kathimerini.com.cy/en/news/ecb-cuts-rates-again-as-eurozone-inflation-and-economy-struggle

The European Central Bank (ECB) has cut interest rates for the third time, marking the first consecutive reduction in 13 years....

22. GESY reserve fund soars to €590 million

https://knews.kathimerini.com.cy/en/news/gesy-reserve-fund-soars-to-€590-million

The General Healthcare System (GESY) reserve fund remains high at approximately €590 million, exceeding international best practices......

23. Dior bags assembled for €53, sold at €2,600

https://knews.kathimerini.com.cy/en/business/dior-bags-assembled-for-€53-sold-at-€2-600

Italian authorities have uncovered stark realities behind the glitz of fashion catwalks and luxury boutiques during recent raids on local factories and workshops involved in the production of Dior and Armani handbags....

24. President announces €10 Million boost for Cyprus tourism

https://knews.kathimerini.com.cy/en/news/president-announces-€10-million-boost-for-cyprus-tourism

President Nikos Christodoulides announced a €10 million increase in the 2025 budget for the Deputy Ministry of Tourism to enhance Cyprus's international promotion....

25. Cyprus wins IMF praise for strong recovery

https://knews.kathimerini.com.cy/en/news/cyprus-wins-imf-praise-for-strong-recovery

The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......

26. Berry bliss awaits you on May 24

https://knews.kathimerini.com.cy/en/life/berry-bliss-awaits-you-on-may-24

The sweet aroma of ripe strawberries will fill the air as Deryneia gears up for the annual Pancyprian Strawberry Festival on Friday, May 24, 2024, starting at 4:45 PM....

27. Can high-speed trains boost birth rates in South Korea?

https://knews.kathimerini.com.cy/en/news/can-high-speed-trains-boost-birth-rates-in-south-korea

In a bold move to combat its plummeting birth rates, South Korea has unveiled a groundbreaking initiative: the Great Train eXpress (GTX)....

28. Labor Minister discusses 'Cost of Living Allowance' for Cyprus

https://knews.kathimerini.com.cy/en/news/labor-minister-discusses-cost-of-living-allowance-for-cyprus

In an interview with Oriana Papantoniou, Minister of Labor and Social Insurance Yiannis Panayiotou highlighted the significant strides made during his first year in office, emphasizing a people-centric approach to governance. ...

29. Cyprus labor costs surge 5.4%

https://knews.kathimerini.com.cy/en/business/cyprus-labor-costs-surge-5-4

In the 4th quarter of 2023, the hourly labour costs (total cost) increased by 5.4%, compared with the same quarter of the previous year, according to provisional data, published by the Statistical Service on Tuesday....

30. Filipino seafarers return home after surviving Yemen missile attack

https://knews.kathimerini.com.cy/en/news/filipino-seafarers-return-home-after-surviving-yemen-missile-attack

Eleven Filipino seafarers finally reached the shores of the Philippines on Tuesday, nearly a week after enduring a harrowing missile attack by Houthi rebels off the coast of Yemen....

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