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1. Government raises minimum wage to €1000, boosting income for 25,000 workers

In a move aimed at bolstering the income of low-wage earners, the Ministry of Labour and Social Insurance has announced a significant rise in the National Minimum Wage, effective this January....

2. Forty percent of global jobs face disruption because of AI

Artificial intelligence (AI) is poised to reshape the global job market, potentially affecting 40% of jobs worldwide, according to the head of the International Monetary Fund (IMF), Kristalina Georgieva....

3. The climb to success in the public sector pay scale

The Ministry of Finance has officially disclosed the main provisions of the agreement reached with trade unions PASYDY and FCC, outlining significant salary advancements for public and broader public sector employees, including those within Local Government Authorities. ...

4. Keravnos urges banks to restructure loans and keep rates low

Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...

5. Strike: Trade unions call for COLA agreement

Hundreds of workers gathered outside the Finance Ministry today calling for the full reinstatement of COLA (Cost of Living Allowance). ...

6. Why inequality is growing in the US and around the world

U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....

7. Wage earner falls to his death in Strovolos

A wage earner was killed on the job on Thursday, after he fell from a two-storey building in Nicosia while trying to fix a water tank on the roof...

8. Man crushed to death on the job in Limassol

A local worker was killed on the job on Tuesday when wood weighing over a ton collapsed on him at a worksite in Limassol...

9. Private sector is the key to Greece’s recovery

10. Unmarried fathers can now get paid paternity leave

Members of the House passed a new law extending paternity leave to unmarried fathers, essentially amending legislation from last year that gave paid leave to married dads...

11. Ministry employees fail to punch card

Many civil servants and workers do not punch in or out properly at the Transport Department, and reports suggest their superiors know about it and cover up even as people show up late or never punch their card in the machine....