Average salaries up 6% in 4Q 2023

The average salary in Cyprus grew by 6.2% in the fourth quarter of 2023, compared to the same period in 2022, according to provisional data released by the Statistical Service, offering some


CoLA to cost €1.2 bln over three years

The deal between social partners to renew the Cost-of-Living Allowance agreement to cover 66.7% of inflation, up from 50%, means the state will pay an additional €1 bln in salaries over three

CoLA deal ‘around the corner’

Social partners are reportedly ready to settle a dispute over the Cost of Living Allowance (CoLA), by accepting the mediation proposal tabled by Labour Minister Yiannis Panayiotou. According to news reports, Panayiotou’s


Social justice = fair pay

Sadly, discussing a minimum wage or collective labour agreement is only hotly contested as a political tool, leveraged when we have elections. The late Zeta Emilianidou tried throughout her nine years in