Hourly labour cost rises over 5%

The hourly labour costs (total cost) rose by an annual 5.2% in the second quarter of 2022, according to provisional data by the Statistical Service of Cyprus. The two main components of

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Minimum wage ‘better than it looks’

The government has defended criticism from unions over the national minimum wage, arguing that €940 a month is among the highest in the EU, offering low earners more purchasing power than their

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EU accepts Turkey’s manipulation of migration

The European Union has officially recognised Turkey’s exploitation of migrants through the Green Line, the Interior Ministry announced. It said: “After many months of difficult negotiations”, it achieved in Brussels “maximum diplomatic

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EP backs Varosha’s return to Greek Cypriots

European Parliament President Roberta Metsola expressed the institution’s clear position for the return of Varosha so its lawful Greek Cypriot inhabitants can go home. Following a meeting with House speaker Annita Demetriou on

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President congratulates Liz Truss

President Nicos Anastasiades has congratulated the new UK Prime Minister Liz Truss and wants to work with her to enhance further and deepen the longstanding partnership. “Cyprus and the UK share historical

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Turkish hostility against Greece worries EU

Turkey’s hostile threats against Greece are unacceptable and must be dialled down, said EU Commission spokesperson for external affairs Peter Stano. Stano said that threats and aggressive rhetoric from Turkish President Tayyip

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