“Based on provisional data, the average gross monthly earnings of employees during the first quarter of 2020, amounted to €1,956 compared to €1,894 during the first quarter of 2019, i.e. an increase of 3.3% is observed,” CyStat says in a press release.
Seasonally adjusted average gross monthly earnings in the first quarter of 2020, are estimated at €2,019 and compared to the fourth quarter of 2019 increased by 1%, it adds.
Average gross monthly earnings of male employees during the first quarter of this year are estimated at €2,101 and of female employees at €1,780.
Compared to the first quarter of the previous year, the average gross monthly earnings of male employees recorded an increase of 3.6% and of female employees an increase of 2.8%, the press release concludes.
Source: In-Cyprus
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Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
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