https://knews.kathimerini.com.cy/en/news/cyprus-wages-lag-behind-eu-average-though-growth-continues
Now that the Cost of Living Allowance agreement was signed yesterday, it’s a good moment to take a closer look at how Cypriots’ salaries stack up against their European neighbors, and the numbers tell an eye-opening story....
https://knews.kathimerini.com.cy/en/news/signatures-finally-inked-for-cost-of-living-allowance
After some delay, the social partners have signed, in principle, an agreement on the Cost-of-Living Allowance (ATA) at the Presidential Palace, in the presence of President Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/business/cyprus-to-seal-deal-today-on-ata-payments
Cyprus is set to take a key step in labor relations with the signing of an agreement in principle on the Automatic Wage Adjustment (ATA), government officials announced Thursday....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform
Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-staff-again-with-new-severance-offer
The Bank of Cyprus is downsizing again, launching a new voluntary exit plan for 40 to 50 employees as it seeks to cut staff and rein in expenses....
https://knews.kathimerini.com.cy/en/business/employers-unanimously-reject-cost-of-living-proposal-by-government
Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands....
https://knews.kathimerini.com.cy/en/news/zohran-mamdani-s-triumph-and-andrew-cuomo-s-farewell-a-divided-new-york-city-votes-for-change
In a night that reshaped New York City politics, Queens Assemblyman Zohran Mamdani, 34, was elected mayor, defeating former governor Andrew Cuomo in a race that pitted two visions of the city’s future, one rooted in progressive idealism, the other in pragmatic restoration....
https://knews.kathimerini.com.cy/en/news/europe-s-economy-takes-a-breather-but-cyprus-isn-t-immune-to-the-cough
Europe’s economy is trying to catch its breath. Exports are slumping, inflation is lingering, and policymakers are now counting on people’s paychecks and steady jobs to keep things from stalling completely....
https://knews.kathimerini.com.cy/en/comment/opinion/the-government-s-two-choices
This government has two choices, and it seems determined to take the easy one: the path of handouts, subsidies, and tax breaks. ...
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....
https://knews.kathimerini.com.cy/en/news/children-in-occupied-area-schools-reportedly-fainting-from-hunger-opposition-warns
An opposition politician in occupied Cyprus has warned that children in schools across the areas are fainting from hunger, underscoring growing concerns over the deepening economic crisis and rising cost of living in the region....
https://knews.kathimerini.com.cy/en/business/christodoulides-plays-his-tax-card-to-break-the-ata-deadlock
President Nikos Christodoulides has pulled what looks like an ace from his sleeve, a package of tax breaks aimed at sweetening the deal for employers and finally unblocking the long-stalled dispute over the Cost-of-Living Allowance, or ATA....
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....
https://knews.kathimerini.com.cy/en/news/how-can-i-start-a-family-if-i-can-t-afford-a-home
A 28-year-old woman from Larnaca has put into words what many in Cyprus quietly feel: the dream of starting a family is slipping further out of reach, tangled in high rents, low wages, and the lingering wounds of 1974....
https://knews.kathimerini.com.cy/en/business/cyprus-employers-call-cost-of-living-pay-hike-unconstitutional
Cyprus’ long-running tug-of-war over the cost-of-living allowance, known locally as ATA, has taken a sharp new turn after the country’s two largest employers’ groups declared the scheme unconstitutional for the private sector....
https://knews.kathimerini.com.cy/en/news/limassol-resident-arrested-in-bulgaria-over-deadly-beirut-blast
A Russian-Cypriot businessman living in Limassol has been arrested in Bulgaria in connection with the catastrophic 2020 explosion at Beirut’s port, one of the most powerful non-nuclear blasts in history....
https://knews.kathimerini.com.cy/en/news/cypriots-fill-supermarket-carts-as-dining-out-declines
Supermarkets in Cyprus are thriving, recording strong turnover in 2024 and again this year, while restaurants and catering businesses are struggling with steep losses....
https://knews.kathimerini.com.cy/en/comment/opinion/pensions-without-age-limits
We are told that the social insurance system is strictly contributory. You get back what you pay in. Except, of course, for state officials, who collect generous pensions without ever having made equivalent contributions. ...
https://knews.kathimerini.com.cy/en/news/morfou-raids-expose-undocumented-workers-labour-violations
Cypriot authorities conducted a coordinated inspection in the Morfou district on Thursday, uncovering cases of illegal employment and unlawful work....
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....
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....
https://knews.kathimerini.com.cy/en/news/enough-is-enough-atlantica-hotel-staff-strike-in-limassol
Employees at three Atlantica hotels in Limassol staged a surprise walkout Friday, accusing the company of ignoring their contracts and undermining their union rights....
https://knews.kathimerini.com.cy/en/news/union-rally-in-nicosia-demands-government-uphold-cost-of-living-adjustment
Hundreds of workers from across Cyprus gathered Thursday outside the Ministry of Finance in Nicosia to defend the Automatic Cost-of-Living Adjustment....
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....
https://knews.kathimerini.com.cy/en/comment/opinion/saturday-night-in-nicosia-a-tale-of-two-worlds
Saturday night, and Eleftheria Square in Nicosia was bursting with life, migrants from every corner of the globe soaking up the ''freedom'' of the ''modern'' square. ...
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....
https://knews.kathimerini.com.cy/en/business/cyprus-hotel-unions-threaten-strikes-over-misuse-of-foreign-worker-permits
Two major Cypriot hotel worker unions have warned of potential strikes, accusing hotel operators of misusing foreign worker permits to undermine labor rights and violate collective agreements....
https://knews.kathimerini.com.cy/en/news/cyprus-news-roundup-fires-finance-and-fiery-wage-demands
From forest fire probes to banking battles, here’s a look at the week’s biggest developments in Cyprus....
https://knews.kathimerini.com.cy/en/news/they-just-don-t-care-paphos-mayor-slams-state-over-housing-crisis
Paphos Mayor Phaedon Phaedonos is taking aim at the government for ignoring what he says is a growing housing crisis that’s forcing residents into basements and long-term debt just to have a roof over their heads....
https://knews.kathimerini.com.cy/en/business/women-still-earn-less-in-cyprus
Despite some progress in recent years, a significant wage gap between men and women remains in Cyprus, according to new figures released by the Cyprus Statistical Service....
