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12° Nicosia,
13 December, 2024
 

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Displaying results 1-30 of 140 matches for query wages.

1. Housing crisis looms as Limassol property prices skyrocket (video)

https://knews.kathimerini.com.cy/en/news/housing-crisis-looms-as-limassol-property-prices-skyrocket

Limassol has seen a dramatic surge in property prices over the past five years, with rents and home prices doubling—and in some cases, tripling....

2. Greek workers strike over rising costs and low wages

https://knews.kathimerini.com.cy/en/news/greek-workers-strike-over-rising-costs-and-low-wages

Greek workers are currently on strike today, Wednesday, causing disruptions at ports, and on buses and trains. The nationwide strike, which includes transport workers, doctors, teachers, and construction workers, is a protest against rising living costs and demands for higher wages....

3. Cyprus' average monthly salary reaches €2,250 in 2023

https://knews.kathimerini.com.cy/en/news/cyprus-average-monthly-salary-reaches-€2-250-in-2023

Cyprus saw a notable increase in average salaries in 2023. According to the latest figures from the Cyprus Statistical Service, the average gross monthly salary for employees on the island reached €2,363 in 2023, ...

4. Filipino seafarers fight for equal pay in billion-euro shipping industry

https://knews.kathimerini.com.cy/en/news/filipino-seafarers-fight-for-equal-pay-in-billion-euro-shipping-industry

In a significant case highlighting wage disparities in the maritime industry, a Filipino seafarer is challenging the unequal pay practices faced by workers from Southeast Asia compared to their European counterparts in the Netherlands....

5. Cypriot banks sending loans abroad: A growing risk?

https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-banks-sending-loans-abroad-a-growing-risk

Yesterday, I had a conversation with someone who truly understands banking—probably more knowledgeable than many who think they do....

6. Public sector salaries to increase by 1.5% starting October 2024

https://knews.kathimerini.com.cy/en/news/public-sector-salaries-to-increase-by-1-5-starting-october-2024

Cyprus' House of Representatives has passed an agreement between the government and trade unions to implement a general 1.5% wage increase for public......

7. ECB cuts rates again as Eurozone inflation and economy struggle

https://knews.kathimerini.com.cy/en/news/ecb-cuts-rates-again-as-eurozone-inflation-and-economy-struggle

The European Central Bank (ECB) has cut interest rates for the third time, marking the first consecutive reduction in 13 years....

8. Cyprus' credit rating upgraded due to strong economy and lower debt

https://knews.kathimerini.com.cy/en/news/cyprus-credit-rating-upgraded-due-to-strong-economy-and-lower-debt

Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, maintaining a positive outlook....

9. ECB cuts key interest rate to 3.5% amid slowing inflation and growth concerns

https://knews.kathimerini.com.cy/en/news/ecb-cuts-key-interest-rate-to-3-5-amid-slowing-inflation-and-growth-concerns

The European Central Bank (ECB) cut its key interest rate by 25 basis points to 3.5%, responding to slowing inflation in the Eurozone and concerns over weak growth. ...

10. What Cyprus’ new EU minimum wage directive means for workers and employers

https://knews.kathimerini.com.cy/en/news/what-cyprus-new-eu-minimum-wage-directive-means-for-workers-and-employers

Cyprus is set to implement the European Union’s directive on adequate minimum wages....

11. Cyprus' illusion of prosperity as unemployment numbers mask realities

https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-illusion-of-prosperity-as-unemployment-numbers-mask-realities

In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....

12. Twitter hit with €550,000 fine for firing worker over Musk’s email

https://knews.kathimerini.com.cy/en/news/twitter-hit-with-€550-000-fine-for-firing-worker-over-musk-s-email

Twitter has been ordered to pay a record €550,000 (£470,000) to Gary Rooney, a former senior employee at its Dublin office, after being found to have unfairly dismissed him....

13. Experts warn of ''dangerous'' decline in young people's mental health

https://knews.kathimerini.com.cy/en/news/experts-warn-of-dangerous-decline-in-young-people-s-mental-health

Experts are sounding alarms over a ''dangerous'' decline in the mental health of young people worldwide, citing factors such as intergenerational inequality, pervasive social media use, low wages, unstable employment, and the climate crisis....

14. Central Bank revises GDP growth to 3%

https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......

15. Cyprus government rakes in over €424M in surpluses this year

https://knews.kathimerini.com.cy/en/news/cyprus-government-rakes-in-over-€424m-in-surpluses-this-year

Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...

16. Cyprus ranks second in EU for workers unable to afford vacations

https://knews.kathimerini.com.cy/en/business/cyprus-ranks-second-in-eu-for-workers-unable-to-afford-vacations

Cyprus recorded the second-largest share of workers unable to afford vacations in 2022 among EU member states, with 25% of its workforce affected, according to an analysis of Eurostat data by the European Trade Union Confederation (ETUC)....

17. Public sector doctors to strike over pay dispute

https://knews.kathimerini.com.cy/en/news/public-sector-doctors-to-strike-over-pay-dispute

Public sector doctors in Cyprus are set to embark on a 48-hour strike starting July 2, following failed negotiations with the State Health Services Organisation (SHSO) regarding the payment of accrued wages under an incentive agreement....

18. Cyprus labour costs increase by 4.9%

https://knews.kathimerini.com.cy/en/news/cyprus-labour-costs-increase-by-4-9

Cyprus has reported a 4.9% rise in hourly labour costs (total cost) during the first quarter of 2024 compared to the same period last year, according to data released on Monday by the Statistical Service of Cyprus. ...

19. 'The fifth phalanx'

https://knews.kathimerini.com.cy/en/comment/opinion/the-fifth-phalanx

The coming of age of my generation coincided with Cyprus' first appearance in the European Parliament in 2004. A generation that saw the EU as the vehicle for its hope—hope for change and reunification of the country....

20. Beyonce's producer accused of repeated sexual assault

https://knews.kathimerini.com.cy/en/news/beyonce-s-producer-accused-of-repeated-sexual-assault

Grammy award-winning producer and songwriter The-Dream has been accused of rape and sexual battery, according to a lawsuit filed in Los Angeles...

21. 31,000 children in Cyprus below poverty line

https://knews.kathimerini.com.cy/en/news/31-000-children-in-cyprus-below-poverty-line

The percentage of children at or below the poverty line in Cyprus stood at 18.1% in 2022, equivalent to around 31 thousand children according to Eurostat......

22. Government clears €564.2 million in outstanding debts

https://knews.kathimerini.com.cy/en/news/government-clears-€564-2-million-in-outstanding-debts

The General Accounting Office of the Republic announced that a significant sum of €564.2 million has been cleared by the government from November 2013 to April 2024. This extensive effort aims to address outstanding debts owed to various government departments and agencies....

23. Labor shortage hits Antiparos island

https://knews.kathimerini.com.cy/en/comment/opinion/labor-shortage-hits-antiparos-island

The small Aegean island of Antiparos is in a fever of preparations for the summer’s tourism miracle. ...

24. International student numbers fall in UK universities

https://knews.kathimerini.com.cy/en/news/international-student-numbers-fall-in-uk-universities

Universities are reporting a steep drop in international students applying to come to the UK, amid warnings that further restrictions on student visas would torpedo a vital flow of talent for Britain’s creative industries....

25. Former Central Bank Governor reflects on achievements and future plans

https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans

In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...

26. Cyprus welcomes foreign workers amidst hotel staffing crisis

https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-foreign-workers-amidst-hotel-staffing-crisis

The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......

27. Greek workers strike paralyzes transport services

https://knews.kathimerini.com.cy/en/business/greek-workers-strike-paralyzes-transport-services

In Greece, transport services came to a standstill on Wednesday as workers across various sectors participated in a 24-hour strike, demanding higher pay to offset the increasing cost of living...

28. Businesses turn to banks amid funding crunch

https://knews.kathimerini.com.cy/en/business/businesses-turn-to-banks-amid-funding-crunch

In 2023, businesses encountered a tough road ahead when it came to securing loans, as costs continued to climb....

29. Cyprus grapples with €80 million surge in state budget deficit for 2023

https://knews.kathimerini.com.cy/en/news/cyprus-grapples-with-€80-million-surge-in-state-budget-deficit-for-2023

The state budget deficit for 2023 increased by €80 million compared to the deficit recorded in 2022, according to the Fiscal Report of the Republic of Cyprus for 2023, submitted to the House of Representatives....

30. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

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