New minimum monthly wage of €780 comes into force
The new minimum wage of €780 a month has come into force as of April 1, after an increase of 9.4% on the previous level.
Alarming rise in teen criminality
The worrying rise in juvenile criminality has alerted authorities, who have embarked on a campaign to collect data to analyze and, ultimately, tackle the phenomenon.
Housing scheme gets under way
The Public Employment Agency (DYPA)’s Spiti Mou (My Home) program is set to launch on Monday with the participation of all systemic banks.
Big migrant trafficking operation dismantled; 41 arrests
Police say they have dismantled a large gang of human traffickers that also had an extensive document forging operation.
Greek unicorn ponders listing both on ATHEX and NYSE
The capitalization of PeopleCert, the first Greek unicorn, currently stands at around $3 billion, while it has had growth rates of around 36% over the last decade.
AI, brain scans and cameras: The spread of police surveillance tech
A brain wave reader that can detect lies. Miniaturized cameras that sit inside vape pens and disposable coffee cups. Massive video cameras that zoom in more than a kilometer to capture faces and license plates.
Intrakat completes takeover of Aktor
Intrakat has announced the completion of its acquisition of Aktor SA (a member of the Ellaktor Group) for 100 million euros in cash, while another €114 million regarding Aktor’s debt obligations to the Ellaktor Group will be paid gradually under Intrakat’s guarantee within 19 months.
Jobless rate in Cyprus eases to 7.3%
The seasonally adjusted unemployment rate in Cyprus fell slightly to 7.3% in February 2023, compared to 7.4% in January 2023, according to Eurostat. However, the rate had increased from 6.1% in February 2022.
Kikilias talks tourism with Canadian ambassador
Tourism Minister Vassilis Kikilias met with the Ambassador of Canada Anna-Karine Asselin on Friday.