Pension reform to raise payments for 123,000 retirees in Cyprus
Labour Minister Marinos Mousiouttas says the upcoming pension reform will lift payments for around 123,000 retirees, with more than 8,000 seeing increases above €200 a month.
Labour Minister Marinos Mousiouttas says the upcoming pension reform will lift payments for around 123,000 retirees, with more than 8,000 seeing increases above €200 a month.
Cyprus posted the euro area's third-highest annual inflation rate in August at 5.2%, up from 4.4% in July, according to Eurostat, with the sharpest monthly price rise among member states.
The Labour Advisory Body meets again with Minister Marinou Mousioutta to discuss the pension reform bill, as the retirement age remains the main sticking point.
DIPA has voiced deep concern over conditions at Larnaca General Hospital, where overcrowding and nursing shortages are causing A&E delays and staff burnout, as nurses stage a work stoppage.