Labour Minister stable but critical

Labour Minister Zeta Emilianidou’s condition is stable but critical after being placed in an induced coma following surgery for a brain haemorrhage at a hospital in Greece. Emilianidou, 67, suffered a rupture

Labour market distortions

Averof Neophytou, the ruling party chair, raised the issue of minimum guaranteed income in parliament earlier this week, which is currently at €500 per month for people who have no source of

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Hourly labour costs rise 7.3%

Cyprus hourly labour costs rose by 7.3% year on year in the third quarter of 2021, following an annual rise of 17.1% in the previous quarter. According to the Cyprus Statistical Service,

Hoteliers fear labour shortages

Rising labour shortages across sectors of the economy, particularly in tourism, have hoteliers worried they will be unable to respond to increased tourist arrivals in 2022. The Association of Cyprus Tourist Enterprises