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Has Cyprus productivity kept pace with wage indexation?

Why the unions and government are set to battle over COLA/ATA

The Republic of Cyprus government promised back in 2023 to come to a long-term arrangement with unions and employer representatives by 2025 about the wage indexation known as COLA, or ATA in Greek.

The government wants to link the indexation to productivity, rather than price increases. So how has labour productivity in public administration fared since Cyprus joined the EU in 2004? And how does it compare to other sectors? Find out in this video of under 9 minutes.

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