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1. Eurobank rolls out voluntary exit plan for up to 300 employees

Eurobank has announced a new voluntary exit plan aimed at reducing its workforce across the entire group, including employees from its insurance subsidiaries....

2. Strait of Hormuz crisis leaves 35,000 sailors and cruise passengers stranded in Gulf

About 20,000 merchant sailors and roughly 15,000 cruise passengers are currently unable to leave the Arabian Gulf as tensions between the United States and Iran threaten maritime traffic through the Strait of Hormuz, according to the United Nations’ shipping agency....

3. Purdue partners with University of Nicosia-Athens to advance research collaboration and online learning in Europe

4. AI could wipe out most office jobs within 18 months, tech leader warns

Fears about artificial intelligence reshaping the job market are growing, especially among younger workers, as new figures and industry warnings suggest major changes could happen sooner than many expected....

5. Trump to tax foreign-made ships and rebuild U.S. maritime power

The Trump administration on Tuesday rolled out a sweeping maritime plan aimed at reasserting U.S. dominance in shipping and reducing reliance on foreign-built vessels. ...

6. Labour policy and the test of leadership

The new Minister of Labour, Marinos Mousiouttas, has assumed responsibility for a critical ministry and is now tasked with managing issues that cut across the full breadth of society. He must must confront entrenched guilds and trade unionists, as well as labor organizations and employers, all of whom are deeply involved in labor-related issues....

7. Cyprus builders say they’re desperate for workers, and want asylum seekers on site

Cyprus may be building nonstop, but the people needed to actually do the building are running out....

8. Worker shortages fuel calls to employ asylum seekers in the construction sector

Cyprus’s construction industry is facing a serious labor shortage, leading industry representatives to call for new policies to expand the workforce, including the temporary employment of asylum seekers....

9. Food for thought: The public sector crisis Cyprus can no longer ignore

As the year draws to a close, it is time to take stock, and once we do, it is time to correct what has gone wrong....

10. Nurse shortage hits private hospitals: Health Minister sets one-week deadline for solutions

Cyprus’ Health Minister, Neophytos Charalambidis, has called on stakeholders in the private healthcare sector to submit proposals within one week addressing the ongoing shortage of nurses in private hospitals....

11. India's Historic Labour Reforms: Building a Fair, Modern, and Inclusive Work Ecosystem

India stands at a pivotal moment in its economic journey. As the nation accelerates toward becoming a global economic powerhouse, the Government has undertaken a historic transformation of its labour laws—consolidating 29 fragmented labour statutes into four comprehensive Labour Codes....

12. New Justice Minister vows to be ‘ruthless’ on corruption in police and fire departments

Cyprus’ newly appointed Minister of Justice and Public Order, Konstantinos Fytiris, promised Monday to take a hard line against corruption and collusion within the police and fire departments, warning that such misconduct erodes public trust....

13. Cyprus’ COLA comeback: What changes, who benefits, and who’s still left out

Cyprus’ long-running debate over the Cost-of-Living Allowance (COLA) reached a turning point this month, with President Nikos Christodoulides presenting a new deal as a major win for fairness and the middle class....

14. US–Saudi business deals top $270 billion as Crown Prince returns to Washington

The United States and Saudi Arabia just inked more than $270 billion in business deals, marking one of the biggest investment pushes between the two countries in years, all during Crown Prince Mohammed bin Salman’s first visit to Washington since 2018....

15. Migration’s mark on the Cypriot economy and society

New data from the Deputy Ministry of Migration and International Protection shows the Cypriot economy’s heavy reliance on foreign workers who reside and work on the island....

16. Cyprus to boost wages for nearly half the workforce amid rising costs

Cyprus is set to spend more next year, with the 2026 budget estimating total expenditures, including loan repayments, interest, and investments, at €13.7 billion, up from €12.9 billion in 2025. Personnel costs, including pensions and gratuities, are expected to rise by roughly 4.2%, reaching €3.7 billion....

17. Daily GenAI users see higher pay, job security and productivity – while a third of the global workforce regularly feel overwhelmed: PwC

Workers who used generative AI (GenAI) daily over the last year report being more productive, and seeing higher job security and pay, according to PwC’s 2025 Global Workforce Hopes & Fears Survey....

18. Pompeo to Kathimerini: ''Cyprus must stand firm with the West''

In a wide-ranging interview, former U.S. Secretary of State and current Executive Chairman of Impact, Mike Pompeo, spoke about the importance of Western unity, the evolving geopolitical balance in Ukraine and the Middle East, the challenge posed by China, and Cyprus’ role in an increasingly complex global landscape....

19. Greece to digitally track public employees: Will Cyprus follow?

Greece is moving toward a fully digital personnel management system for public employees, tracking each worker from hire to retirement. ...

20. Cyprus in the spotlight: 'Mediterranean Pact' offers jobs, energy, and influence

Cyprus is positioning itself for a front‑row seat in a major new regional plan. The EU‑backed Pact for the Mediterranean, launched in mid‑October, aims to deepen cooperation across the southern shores of the Mediterranean, and Cyprus stands to gain in several concrete ways....

21. 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....

22. US tech firm TKI expands to Cyprus through AI merger

A major new player has joined Cyprus’ growing tech scene. US-based software and AI company TKI is officially setting up shop on the island after merging with Hybrid ConsulTech, which will now operate as TKI EMEA....

23. 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....

24. Cyprus’s caregivers are reaching their breaking point

According to new data from the World Health Organization’s European office, one in three doctors and nurses across the continent suffers from symptoms of depression or anxiety, a rate five times that of the general public....

25. Cyprus emerges as European hub for drone technology

Cyprus is emerging as a strategic hub for high-tech companies developing unmanned and defense systems, thanks to its neutral geopolitical profile and unique regulatory advantages, industry experts say....

26. U.S. shutdown curbs embassy communications in Cyprus as 750,000 federal workers furloughed

The U.S. Embassy in Cyprus announced that its social media accounts will not be updated regularly during the U.S. government shutdown, except for urgent safety and security information...

27. EIF and Eurobank join forces to channel €62.5 million in new financing to Cypriot SMEs and start-ups

The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....

28. 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. ...

29. EU sets aside €33.7 million for Turkish Cypriot community in 2025

The European Commission on Thursday approved a €33.7 million package aimed at boosting the economy of the Turkish Cypriot community and advancing efforts toward reunification of Cyprus....

30. Cyprus’ brain gain: Hundreds of expats eye a return home

Cyprus’ new push to bring home skilled professionals living abroad is already showing strong results. Within just two weeks of launching, the Minds in Cyprus platform drew more than 300 registrations from Cypriots working in 23 different countries....