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/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/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/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/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/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/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/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/comment/opinion/reducing-the-cost-of-living-through-digital-solutions
Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...
https://knews.kathimerini.com.cy/en/news/dozens-of-lifeguard-towers-unmanned-in-cyprus-as-beach-safety-concerns-rise
Nearly 30 lifeguard towers across the free areas of Cyprus remain unmanned at the height of the summer season, raising serious safety concerns after three people were nearly drowned this week in Protaras....
https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
https://knews.kathimerini.com.cy/en/news/government-hourly-workers-say-they-re-fed-up-and-they-want-a-raise
It’s official: Cyprus’ hourly government employees are tired of feeling like second-class citizens in their own departments....
https://knews.kathimerini.com.cy/en/news/tourism-win-housing-headache-as-airbnbs-boom-in-cyprus
With over 12,000 short-term rentals currently in operation (and counting), Cyprus has become a hotspot for travelers seeking more flexible and often cheaper accommodation than traditional hotels. ...
https://knews.kathimerini.com.cy/en/news/waitstaff-say-employers-are-pocketing-their-tips
Some restaurant and café workers in Cyprus are raising the alarm over a shady practice happening behind the scenes: tips meant for staff are being kept by employers or used to top up wages, according to complaints made to MPs....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/cyprus-gets-credit-rating-boost-what-it-means-for-the-economy
Cyprus received a major financial boost as credit rating agency Morningstar DBRS upgraded the country’s credit rating to A (low) from BBB (high), marking a key step in the country’s economic progress. ...
https://knews.kathimerini.com.cy/en/business/larnaca-port-workers-stage-24-hour-strike-over-safety-and-unloading-delays
Workers at the Port of Larnaca kicked off a 24-hour warning strike on Monday morning, blocking the port entrance in protest of unsafe working conditions and issues with the cargo unloading process....
https://knews.kathimerini.com.cy/en/business/cyprus-economic-growth-faces-challenges-lenders-highlight-key-concerns
The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...
https://knews.kathimerini.com.cy/en/comment/opinion/whispers-of-power-lent-friendly-meals-and-a-mission-impossible
These are whispers—'Whispers of the Heart', as Michalis Hatzigiannis once sang—so take them with a grain of salt. A meeting reportedly took place between Young Nikos and Elder Nikos....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-‘together-we-are-changing-cyprus
President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....
https://knews.kathimerini.com.cy/en/business/government-announces-minimum-wage-increase-for-hotel-workers
President Nikos Christodoulides highlighted key economic and labor policy decisions today during a Council of Ministers meeting at the Presidential Palace, emphasizing efforts to boost employment and attract Cypriot professionals back home....
