Minimum Wage Rate in Cyprus
#16
Banned



Joined: Mar 2009
Posts: 146

Umpatan, that was my monthly salary! I wish it had of been weekly!!
That was a few years ago now, the Cyp pound no longer exists, its all euro's now.
What seems to be happening is, that people are still using the Cyp pound to do conversions. So, people import goods into Cyprus, use the GBP price, then convert to old CPY pound and then to Euro. What should be happening is a straight conversion from GBP to Euro. This is whats making things so expensive.
The salaries haven't really gone up any to compensate. Everyone is finding the island very expensive now for holidays and for general living.
That was a few years ago now, the Cyp pound no longer exists, its all euro's now.
What seems to be happening is, that people are still using the Cyp pound to do conversions. So, people import goods into Cyprus, use the GBP price, then convert to old CPY pound and then to Euro. What should be happening is a straight conversion from GBP to Euro. This is whats making things so expensive.
The salaries haven't really gone up any to compensate. Everyone is finding the island very expensive now for holidays and for general living.
#17
BE Enthusiast




Joined: Nov 2008
Posts: 367
From: Cyprus











We have never had any problems with Cypriots as far as our business is concerened but other Brits have given us trouble.
The locals treat you as you treat them, tread on their toes and upset them and yes they can play dirty. But treat them well, befriend them and they are great.
"Do as you would be done by"




