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1. Cyprus foreign companies pledge 30% local workforce by 2027

Cyprus has seen undeniable growth in foreign companies, and the economic benefits are clearly outweighing any potential downsides. ...

2. Cyprus to launch post-Easter recruitment drive for 700 National Guard soldiers

The Council of Ministers has approved the Ministry of Defence’s proposal to recruit 700 contract soldiers for the National Guard....

3. IMF: Cyprus public sector salaries 27% higher than private sector

In a recent report released by the International Monetary Fund (IMF), the gap between salaries in the public and private sectors in Cyprus has been laid bare; public sector wages are 27% higher, with the discrepancy reaching 32% among those with higher education qualifications....

4. Trump’s tariffs aren’t the real threat, Cyprus needs a wake-up call

The first reaction in Cyprus to Trump’s tariffs was the worry that halloumi, salt, and olive oil would become more expensive....

5. 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....

6. From water woes to bank bets, here are the stories to follow

7. Suspended ex-Commissioner still paid thousands while awaiting trial

By next June, former Volunteer Commissioner Giannakis Giannakis will have received a staggering €76,800 from the state—despite being suspended for allegedly forging his diploma and altering his final high school grades....

8. Emirates seeks cabin crew members in Cyprus

Emirates, the world’s largest international airline, is looking for candidates to join its multinational cabin crew team....

9. Retired but still on payroll as doctor gets paid for 10 months after retiring

A retired public sector doctor continued receiving salary and benefits for nearly a year after leaving his post, collecting a total of €65,000 in state funds while working for a private clinic, a parliamentary committee revealed Tuesday....

10. Who’s really raking it in? A peek at Cyprus’ government salaries

The latest update from the General Accounting Office of the Republic has revealed the salaries of Cyprus’s state officials, effective from January 1, 2025....

11. Turkish Cypriot teachers protest delayed salaries and discrimination

Turkish Cypriot teachers in the government-controlled area of Cyprus are voicing their frustration over delayed salaries, diminished social rights, and lack of support from their unions....

12. Lidl Cyprus goes ahead with new additional financial benefits of €450,000

Lidl Cyprus is rewarding the collective effort and contribution of its team by providing additional financial benefits totaling €450,000 to boost its income. At the same time, as from March 1, 2025, it’s establishing the minimum wage for its employees at €1,220 gross....

13. 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....

14. Eurobank moves for full control of Hellenic Bank in major takeover push

February is shaping up to be a pivotal month for Hellenic Bank, as key financial moves unfold, including a full takeover bid by major shareholder Eurobank, the completion of key acquisitions, and a voluntary exit plan for employees....

15. Schools in Dromolaxia-Meneou face closure

Twelve schools in the Dromolaxia-Meneou municipality in are at risk of closure on Monday due to a strike by school staff over unpaid wages....

16. The week’s wildest stories: From bird droppings to book launches

One of the most absurd stories of the week was how the infamous car with the unfortunate Pakistani man had bird droppings that the Police mistook for bullet holes....

17. Nurses took on second jobs and covered for each other

During Thursday's meeting of the Parliamentary Audit Committee, a finding that troubled attendees arose during discussions about the Audit Office's report on the central administration of the State Health Services Organization (SHSO)....

18. Europe’s salary showdown

Curious about which European countries are paying the best?...

19. New labour decrees in Cyprus: A win for skilled workers and foreign students

Cyprus is making moves to boost its workforce and fill gaps in key sectors with new policies that give both skilled professionals and foreign students more opportunities. ...

20. 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....

21. NATO, foxes, and airbags: Cyprus' political circus rolls on

Christodoulides is trying to get us into NATO, Mitsotakis is working behind the scenes to help us, AKEL is having a meltdown, Turkey is telling us to forget about it, and the Fox from Argaka (Averof Neofytou) is shouting that the idea was his....

22. 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. ...

23. Primary residence and the benefit of 5% reduced VAT rate

Nowadays having your own permanent residence is a must, however the cost for the acquisition or construction of a house/apartment has significantly increased in the last few years....

24. Russian software company offers job to 7-year-old programming prodigy

A seven-year-old boy from St. Petersburg has captured the attention of the tech world, earning an offer for a management role at a Russian software company—once he’s old enough to work legally....

25. Sklavenitis to revamp Papantoniou supermarkets across Cyprus

In September 2025, the Sklavenitis Cyprus network will officially complete its acquisition of Papantoniou Supermarkets, a move that will significantly reshape the local retail landscape, according to Kathimerini's Dorita Yiannakou....

26. Hellenic Bank and employer's union settle long-running dispute

Hellenic Bank and Cyprus bank workers' union ETYK have reached an agreement to fully implement their collective agreement, bringing an end to a prolonged dispute that caused uncertainty and disruption at the bank, according to a statement from ETYK....

27. Cyprus' average monthly salary reaches €2,250 in 2023

Cyprus saw a notable increase in average salaries in 2023. According to the latest figures from the Cyprus Statistical Service, the average gross monthly salary for employees on the island reached €2,363 in 2023, ...

28. Middle-class families in Cyprus burdened by rising rents

In an interesting article written by Kathimerini's Panayiotis Rougalas, the Cypriot government has launched programs aimed at addressing the country’s severe housing crisis, but high rent prices across Cyprus continue to stretch the budgets of most households, especially for middle and lower-middle-income families....

29. The New Era of Accounting Services: A Complete Solution for CFOs

Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....

30. Public sector salaries to increase by 1.5% starting October 2024

Cyprus' House of Representatives has passed an agreement between the government and trade unions to implement a general 1.5% wage increase for public......