Football clubs cheating state over players’ salaries
Some football clubs in Cyprus are reportedly paying undeclared wages to footballers, in addition to the official declared salary of €150, which represents the legal...
minimum wage
Minister hails minimum wage, but CoLA dispute remains
One of Cyprus’ largest reforms has been implemented starting this year with the national minimum wage now in force, Labour Minister Kyriacos Koushos said on Monday....
Cyprus economy in 2022: the year in review
The outgoing year saw a number of key events in Cyprus’ economy and business world, ranging from domestic legislation to influential international incidents By Kyriacos...
Trade unions say loopholes remain in minimum wage
A grouping of trade unions urged the government on Tuesday to address potential loopholes in the calculation of the national minimum wage, while also calling...
Cyprus minimum wage gives above EU average purchasing power
The government on Wednesday spun the new minimum wage in a positive light, saying that in terms of purchasing power, the €940 a month, seen...
PEO: minimum wage set too low, some sectors not covered
The government lacks the political will to guarantee basic rights for workers, labour union PEO said on Wednesday, commenting on a decision to implement a...
Economists in support of minimum wage, businesses express concern
Economists have come out in support of the recently agreed upon minimum wage, saying that this will benefit both low-paid workers, as well as the...
Union slams minimum wage, points to exploitation loopholes
The independent trade union federation (Poaso) expressed its strong disappointment with the amount set for the national minimum wage and raised concerns about the absence...
‘Historic’ minimum wage set at €940 after six months of employment (update 4)
The monthly minimum wage has been set at €940 and will be implemented at the start of the new year, Labour Minister Kyriacos Koushos announced....
Minimum wage could be lower than first thought
Labour Minister Kyriakos Koushos will present his final proposal for the minimum wage to social partners on Wednesday and media reported on Sunday that it...
