Challenges Faced by Workers Regarding Salaries in Cyprus
April 8, 2025
A recent study by SEK reveals that 22% of workers need to borrow money to meet their monthly expenses. Meanwhile, 75% of respondents expressed dissatisfaction with their salaries, and 98% believe that the national minimum wage of €1000 is insufficient for basic needs. Many young people are considering emigration if better opportunities arise. Economic insecurity is high, with a significant portion struggling to afford essential goods.