Minimum wage hiked to €1,000

Good news for some 25,000 low-paid private sector workers in Cyprus, as the minimum wage will go up from €940 to €1,000 a month, Labour Minister Yiannis Panayiotou announced on Wednesday following

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Minimum wage set for imminent hike

Labour Minister Yiannis Panayiotou is poised to issue a decree that will raise the national minimum wage in Cyprus to nearly €1,000, affecting approximately 25,000 low-paid workers in the private sector. The

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Minimum wage hike decision delayed

Unions and employers failed to agree to a common increase in the national minimum wage on Friday, with Labour Minister Yiannis Panayiotou calling stakeholders to a new meeting next week, days before

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Minimum wage set for further hike

Low-paid workers in the private sector are in for a pay boost in the new year, as social partners are set to meet on Friday to agree on the next increment for

Social partners sign landmark CoLA deal

Social partners have settled a dispute over the Cost of Living Allowance (CoLA), by accepting the mediation proposal tabled by Labour Minister Yiannis Panayiotou. The island’s four main trade unions – SEK,

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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

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One step closer to CoLA agreement

Labour Minister Yiannis Panayiotou on Friday appeared optimistic that unions and employers are one step closer to settling a dispute over the Cost of Living Allowance (CoLA), despite sides clinging to their

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