Since 2014, European Union has progressively imposed sanctions against Russia in response to deliberate destabilization of Ukraine. After February 2022, EU massively expanded the sanctions, which consists of a wide range of financial, economic and trade measures. The below represent an effort to provide a brief overview of key sanctions which are currently active: Economic...Read More

The Council of Ministers reached a decision regarding the decree setting the national minimum wage, which is now set at the amount of €940 and will take effect as from the 01/01/2023. The decree specifies that in the first six months of the employment, the amount of the salary is fixed at €885 and subsequently...Read More

Cyprus Parliament has recently passed amendments of the legislation regulating the traffic of bicycles and other Personal Mobility Devices (see Laws 135 (I)/2022 & 136 (I)/2022) by which new traffic offenses have been established in Cyprus (by way of example, for the use of a bicycle without a protective helmet), in addition to the legislation...Read More