Pension Increases and New Initiatives from the Cabinet
January 3, 2025
The Cabinet decided to increase pensions by nearly 6% as part of efforts to strengthen wages and the economy. Additionally, topics discussed included the establishment of an artists' registry and the introduction of mediation for disputes up to €10,000. President Christodoulides emphasized the need for transparency and accountability to the society. The decisions are expected to be announced on January 29.