https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/news/state-employees-brace-for-25-30m-euro-salary-squeeze
The agreement signed with unions PASYDYS and SEK is set to bring an annual cost of 25-30 million euros, impacting state employees and those in the wider public sector....
https://knews.kathimerini.com.cy/en/news/government-employment-hits-record-high
In ongoing discussions about new hires and the 2024 budget in Parliament, the focus is on the remarkable increase in government employment, surpassing levels from 2012....
https://knews.kathimerini.com.cy/en/news/employers-positive-on-minimum-wage-adjustment
Employers express positivity towards a potential partial adjustment of the minimum wage in discussions led by OEB's General Director, Michalis Antoniou....
https://knews.kathimerini.com.cy/en/news/cracking-down-on-exploitation-farm-raid-exposes-labor-abuses
In a collaborative effort, the Anti-Trafficking Bureau, YAM, and Ministry of Labour Inspection Department executed a court-authorized inspection at a 40-year-old man's animal farm in Nicosia yesterday....
https://knews.kathimerini.com.cy/en/business/the-path-to-fighting-inflation-is-difficult
In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....
https://knews.kathimerini.com.cy/en/news/low-paid-government-workers-demand-higher-pay
The ''Equality'' guild staged a rally outside the Presidential Palace on Monday, followed by a protest march to the Ministry of Finance, highlighting concerns over low-paid public sector workers....
https://knews.kathimerini.com.cy/en/news/no-plans-to-cut-interest-rates-amid-inflation-worries
The perspective advocated by many young individuals, endorsing a declaration of victory over inflation, is articulated by Dr. Jensen, the president of the German Bundesbank....
https://knews.kathimerini.com.cy/en/news/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/choosing-between-heating-and-eating
A recently released report from the French charity Secours Catholique underscores the alarming rise in poverty numbers, with a record one million people seeking assistance in 2022, up from 780,000 the previous year. ...
https://knews.kathimerini.com.cy/en/news/will-black-friday-s-shopping-basket-be-lighter-this-year
The November market outlook differs this year....
https://knews.kathimerini.com.cy/en/news/police-force-faces-renewed-criticism-after-recent-tragedies
The debate on the problems in the police force, which was a hot topic in the public sphere last week due to the two fatal attacks that occurred in a short span of time, was reignited on Wednesday, when all the relevant officials, led by the Minister of Justice and Public Order, Anna Koukkidi-Prokopiou and the Chief of Police, Stelios Papatheodorou, met in the Parliament's Institutions Committee....
https://knews.kathimerini.com.cy/en/news/new-us-sanctions-target-cyprus-over-russia-connections
Four individuals and two legal entities related to Cyprus are included in a new US list of sanctions imposed due to Russia's offensive against Ukraine....
https://knews.kathimerini.com.cy/en/business/mcdonalds-israel-in-the-hot-seat-for-giving-away-100-000-free-meals-to-soldiers
Tensions are playing out at McDonald’s locations across the Middle East as the Israel-Hamas war rages on....
https://knews.kathimerini.com.cy/en/news/bar-meeting-turns-into-starvation-wages-circus
The Parliamentary Committee of Lawyers, in conjunction with the new Council of the Cyprus Bar Association, addressed several critical issues during their meeting today....
https://knews.kathimerini.com.cy/en/news/bombs-at-the-us-embassy
On November 30, 1963, just eight days after the assassination of John F. Kennedy, President Archbishop Makarios submitted to Vice President Dr. Fazil Kiouchuk the 13 points for improving the Constitution of the Republic of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/rising-rent-costs-challenge-cyprus-middle-class-budgets
A disconcerting trend is unfolding in Cyprus, where not only are the prices of essential goods on the rise, but rents are also skyrocketing, sparking extensive debates and concerns throughout society according to a report on Philenews....
https://knews.kathimerini.com.cy/en/news/parents-to-protect-kids-from-hamas-hostage-videos-on-social-media
Schools in Israel, the UK and the US are advising parents to delete their children’s social media apps over concerns that Hamas militants will broadcast or disseminate disturbing videos of hostages who have been seized in recent days....
https://knews.kathimerini.com.cy/en/business/ecb-vp-says-interest-rate-cuts-premature
In an interview with CNA, Louis de Guindos, Vice President of the European Central Bank, expressed that discussions regarding interest rate cuts are premature....
https://knews.kathimerini.com.cy/en/news/violent-clashes-between-tenants-and-property-owners-as-rents-spike-700
A craftsman in Turkey, who has been diligently paying rent for two decades, now finds himself threatened with eviction due to an unexpected rent increase of nearly 700%. His monthly rent has surged from 3,200 Turkish lira (110 euros) to a staggering 25,000 lira (867 euros)....
https://knews.kathimerini.com.cy/en/news/california-boosts-minimum-wage-for-fast-food-workers-to-$20-per-hour
California is raising the minimum wage for fast food workers, marking a hard-won victory for those workers and union organizers....
https://knews.kathimerini.com.cy/en/news/president-biden-stands-with-striking-autoworkers-demanding-40-pay-raise
President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....
https://knews.kathimerini.com.cy/en/news/greek-workers-toiling-longer-earning-less
Greeks work 41 hours a week, more than any other Europeans, but are paid less. Monthly salaries do not exceed 1,038 euros on average, according to the latest figures compiled by the Single Social Security Entity (EFKA), ...
https://knews.kathimerini.com.cy/en/news/presidency-in-prolonged-crisis
The United Nations General Assembly in New York proved to be a critical test for Nikos Christodoulides during his first year in office, as well as a highly significant personal and political endeavor. On one hand, he aimed to use the platform of these meetings to communicate a positive message regarding the Cyprus problem. ...
https://knews.kathimerini.com.cy/en/news/focus-on-growth-employment-control-and-surplus-in-the-2024-budget
The 2024 state budget to be tabled to the Council of Ministers for approval next week will have three key characteristics, Minister of Finance Makis Keravnos told CNA....
https://knews.kathimerini.com.cy/en/news/greek-shipping-minister-s-exit-shakes-government-after-fatal-ferry-incident
Shipping Minister Miltiadis Varvitsiotis announced his resignation on Monday, a few days after the death of a ferry passenger who was forcefully pushed off a ferry in Piraeus last week....
https://knews.kathimerini.com.cy/en/news/the-kiss-that-ended-a-soccer-career
Luis Rubiales, the suspended head of the Spanish soccer federation, resigned on Sunday under mounting pressure, culminating in a three-week controversy surrounding his kiss of a player on the lips during Spain's historic Women's World Cup victory....
https://knews.kathimerini.com.cy/en/news/hotel-employees-get-wage-boost
The Council of Ministers convened earlier today to address key labor-related matters. One significant decision that emerged from the meeting was the approval of a higher minimum wage threshold for the hotel industry,...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...
https://knews.kathimerini.com.cy/en/news/uk-inflation-dips-to-17-month-low
UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month.
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