Search

1. Lidl Cyprus continues its dynamic benefits with 14 salaries per year

2. Business lending loses momentum because of the Middle East conflict

Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....

3. When the numbers look good, but life doesn’t feel it

Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....

4. Limited-liability pension reform

The government's focus for the rest of the year will be low pensions. The government's plan is to grant pension increases to all retirees, regardless of income level, following the same approach adopted in the tax reform....

5. Their pay went up just 1.5% in 17 years, now they're taking to the streets

For many Cypriots, the people who clean public buildings, maintain government facilities, support hospital operations, and keep essential services running often go unnoticed until they stop working....

6. Your pension is changing, but you'll still retire at the same age

Labour Minister Marinos Mousiouttas has signaled the start of an intensive round of summer consultations on pension reform, aiming to bridge remaining differences between trade unions, employers and other stakeholders before the bill reaches parliament....

7. Buying an apartment in Cyprus now costs 10.8% more than a year ago

If you feel like buying a home in Cyprus keeps getting further out of reach, you are not imagining it....

8. AI reshapes global labour market into two distinct paths, rewarding human skills: PwC 2026 AI Jobs Barometer

According to PwC’s 2026 AI Jobs Barometer, AI is rapidly reshaping the skills employers want most from workers – increasing the emphasis on human skills such as judgement, creativity and leadership – as companies most able to use AI continue to expand hiring faster than their peers....

9. Thousands of government hourly workers to strike next week over pay dispute

Thousands of hourly-paid government workers are set to strike next Wednesday, demanding higher wages and improved benefits amid ongoing negotiations with unions for new contracts....

10. Christodoulides says Cyprus talks should build on common ground, not start from scratch

Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....

11. Lidl Cyprus participates as a Proud Sponsor of Cyprus Pride 2026

For Lidl Cyprus, inclusion first starts with its people and for yet another year it will be present on Saturday, June 6th at the Nicosia Municipal Garden as a Proud Sponsor of Cyprus Pride, celebrating the power of authenticity and acceptance with its team, partners and visitors of the parade....

12. Prudently & sparingly

The fact that the Cypriot economy is showing growth does not mean the government should be handing out money freely to everyone....

13. UN criticizes Cyprus over treatment of Turkish Cypriots

A United Nations anti-racism committee has issued a series of sharp recommendations and criticisms toward Cyprus, expressing concern over what it described as obstacles faced by Turkish Cypriots in accessing equal rights compared to Greek Cypriots....

14. Cyprus economy grows 3.8% in 2025 as spending and exports rise

Cyprus’ economy kept a steady pace in 2025, with growth holding at 3.8% in real terms. In current prices, GDP rose by 4.9%....

15. ECB says interest rates played a key role in curbing inflation across the euro area

The European Central Bank (ECB) says monetary policy in the euro area was highly effective during the tightening cycle of 2022 to 2023. ...

16. 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....

17. €200M support package launched to help Cypriots weather crisis

The Cypriot government rolled out an eight-part support package Monday aimed at helping households, businesses, and farmers weather the economic impact of the ongoing war in the Middle East....

18. The strategy of chaos

The most dangerous development in the war in the Persian Gulf, at least in the medium term, is Iran’s new defensive doctrine, which they call the “Mosaic of Decentralized Defense.”...

19. Cyprus executes most of 2025 budget as revenues trail borrowing drop

Cyprus carried out most of its 2025 state budget as planned, according to a Treasury report released Tuesday. The government collected about 87% of the revenue it had budgeted and spent roughly 92% of what it had planned....

20. Cyprus’s credit rating boosted as public debt drops and economy strengthens

Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....

21. The President’s band-aid solutions

The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....

22. They came to clean hotels but ended up working in constructions sites

A long-running problem in Cyprus’ labor market is still going strong: foreign workers brought into the country as hotel cleaners are ending up on construction sites, often through shell companies that exist largely on paper....

23. 2026 will define the Eurozone’s future

The Eurozone faces a range of risks, foremost among them those stemming from the external environment. Specifically, there is the risk that global growth and international trade could be affected by a peak in geopolitical tensions....

24. Undercover sting exposes alleged sex-for-work scheme targeting British women in Ayia Napa (video)

Police in Cyprus have launched an ex officio investigation following allegations that young British women working seasonally in the resort town of Ayia Napa were subjected to sexual harassment, illegal employment practices, and substandard living conditions, authorities said....

25. Lidl Cyprus is recognised as a Top Employer for the 9th consecutive year

Nine consecutive years with Top Employer status for Lidl Cyprus. A path built on consistency, stability and daily choices that place people at the centre....

26. Electrical appliances worth tens of thousands of euros damaged in Paliometocho after power surge

Electrical appliances worth tens of thousands of euros were damaged in the village of Paliometocho after an incorrect voltage was supplied through the Electricity Authority of Cyprus (EAC) network, according to the president of the Cyprus Association of Electrical Contractors....

27. Cypriots’ wallets could tip the May election

Cyprus’ economy is thriving, but many citizens are still feeling the pinch and worrying about the future, a new survey shows....

28. Minimum wage jumps in occupied areas, but workers say they’re still falling behind

In both the Greek Cypriot and Turkish Cypriot communities, new decisions on pay have garnered angry reactions among trade unions and unease among employers, even though the numbers themselves look very different....

29. 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....

30. The EU’s plastic ban four years later: Is it actually working?

It has been four years since the European Union waged war on plastic cutlery, straws, and stirrers. Now, Brussels wants to know if the strategy is actually working....