5 Minute News

Presentation of Wage Studies in Cyprus by SEK

April 1, 2025

The SEK will present a study on wages in Cyprus that is expected to reveal significant findings. This research, conducted by IMR, aims to emphasize the need for wage increases through collective agreements and ATAs. Trade unions believe that these changes will benefit both workers and businesses, although employers express concerns. Overall, the study highlights inequalities in the purchasing power of Cyprus compared to other EU countries.