inequality

Migrant workers face triple risk of forced labour, Nicosia event hears

Migrant workers face almost three times the risk of being subjected to forced labour compared with non-migrant workers, according...

Cyprus wage inequality surges as 11% of GDP leaks abroad

Wage inequality in Cyprus is widening as the benefits of economic growth fail to reach the majority of the...

Fewer than 60,000 people control three times the wealth of half humanity

Fewer than 60,000 people—just 0.001% of the world's population—control three times as much wealth as the entire bottom half...

Cyprus ranks last in EU for gender equality

Deep-seated gender stereotypes have been established in Cypriot society, resulting in the country ranking last among the European Union...

Economic beauty is only skin deep: The paradox of Cyprus’ growth

Lysandros Lysandrou* The current state of Cyprus’ economy mirrors a well-known political retort from Greek history. During his first term...

Housing crisis felt more acutely in small nations like Cyprus, UN-Habitat chief says

Three billion people worldwide live without adequate or affordable housing, transforming what should be a basic human right into...

Tesla proposes record $1 trillion pay package for Elon Musk

Tesla's board has proposed a $1 trillion compensation package for Chief Executive Elon Musk that would award him 12%...

Cyprus records world’s biggest increase in ultra-wealthy share since 2000

The richest 1% of people in the world now hold more wealth than the overwhelming majority of the global...

Cyprus minimum wage purchasing power lags behind EU peers

Cyprus ranks 15th among the 22 European Union countries with minimum wages when measured by purchasing power standards, recording...

Two-thirds of people in Cyprus struggle to make ends meet, consumer survey finds

Nearly two-thirds of Cypriot households are struggling financially as income stagnation collides with rising prices, according to a nationwide...

Housing crisis demands European-wide solution

The housing problem isn't just a Cypriot issue, but a European-wide one. The European Investment Bank (EIB) has announced...

Humanoids in the spotlight

After the extended initial shock from the American president's bullying and outrageous behavior, it's time for all interested parties—especially...

Cyprus eyes €10 billion EU fund to battle housing crisis

The Interior and Finance Ministries are preparing to tap into the European Investment Bank's newly announced €10 billion housing...

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