Economy

Government employment up 3.1% in 2024

For the period January – December 2024 average total government employment reached 54,314 persons, marking an increase of 1,615 persons (3.1%) compared to the...

Budget implementation at 82% for revenues, 71% for expenditures in November

A delay in the implementation of the 2024 budget for the period January-November due to the timing of loan withdrawals and public debt repayments...

Tupperware Cyprus closes its doors after nearly 60 years of service

In an emotional announcement, Tupperware Cyprus has confirmed the closure of its operations. The statement highlights: "As Tupperware, we are not just a brand of...

Salary increases of 1.25% from 1st January for those receiving ATA

The percentage of salary increases stems from the transitional agreement between social partners on the Cost of Living Allowance (ATA), which stipulates payment of...

These are the best European cities for property investment in 2025

Pricing trends are expected to vary significantly across cities, influenced by economic conditions, supply chain dynamics, and demographic shifts. A recent report by PwC and...