Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting December 22:

The government’s decision to raise the national minimum wage to €1,088 per month, has drawn strong and conflicting reactions from employers’ organisations and trade unions.

The increase was approved by the council of ministers on Tuesday, following a proposal by the ministry of labour and social insurance.

Labour Minister Marinos Mousiouttas said the decision was based on macroeconomic and social data...