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…
Cyprus wage inequality surges as 11% of GDP leaks abroad
Wage inequality in Cyprus is widening as the benefits of economic growth fail to reach the majority of the workforce,…
Landmark tax reform passes: Cyprus slashes family taxes and hikes corporate floor to 15%
The parliament today approved the first comprehensive overhaul of the Cyprus tax system since 2002, marking a pivot toward a…
Cyprus tax reform: What changes for families, businesses and taxpayers
Parliament approved a sweeping tax overhaul today, the island’s first comprehensive reform in 23 years, raising corporate taxes whilst expanding…