A Cabinet decision to fix the national minimum wage at €1,088 has sparked a fierce backlash from both unions and…
Christmas packages sell out as Cypriots pick Poland, Munich and Prague
Poland has emerged as the preferred destination among Cypriots booking festive holidays abroad, with almost all Christmas packages now sold…
Marina to host 1,000 vessels could finally launch as Paphos awaits decision
A 165,000 square metre marina development with capacity for 1,000 vessels could finally break ground in Paphos after decades, with…
Government sets minimum wage at €1,088, angering unions and employers alike
The government yesterday set the minimum wage at €1,088 for 2026 and 2027, triggering immediate pushback from both unions and…
Government sets national minimum wage at €1,088 amid warnings of labour unrest
The Cabinet finalised the new national minimum wage at €1,088 gross on Tuesday, a decision that immediately triggered fierce opposition…
ATM services disrupted across Cyprus after JCC system problem
Bank customers faced disruption at ATMs across Cyprus today after a technical problem prevented transactions from processing, causing queues to…
Tax reform saves families up to €2,000 annually from 2026
More than 160,000 middle-class taxpayers will benefit from tax cuts approved by parliament yesterday, with families saving between €500 and…
Halloumi exports to Australia blocked as Cyprus challenges foot-and-mouth trade ban
Australia’s Agriculture, Fisheries and Forestry Ministry has officially removed Cyprus from its list of foot-and-mouth disease-free countries, placing commercial food…
Tax reform: What changes for individuals and businesses in Cyprus
Cyprus has approved a tax reform that will raise the corporate tax rate to 15% whilst cutting the personal tax…
Cost of Christmas dinner for low-income families rises 9%
Low-income households in Cyprus face a 9% increase in the cost of their Christmas meal this year, even as the…