Initiatives for Increasing Minimum Wage and Attracting Cypriot Workers
February 19, 2025
The President of Cyprus, Nikos Christodoulides, announced significant measures to support the labor market in Cyprus. The minimum wage will increase for 19 professions in the hospitality sector starting January 1, 2025, and efforts will be made to attract Cypriots working abroad to return. Additionally, a new framework for employing foreign workers and modernization of the volunteering sector is planned. These initiatives aim to strengthen economic development and create new job opportunities.