Agreement Reached on Automatic Price Adjustment: Benefits for 55,000 Workers
November 13, 2025
The President of the Republic of Cyprus, Nikos Christodoulides, announced the agreement for the Automatic Price Adjustment (ATA), which raises the percentage of its acceptance to 100%. This agreement benefits almost 55,000 low-wage workers, facilitating access to the program. It is the result of a dialogue maintained for over 15 years, aiming to end the economic insecurity in the country. The new policy aims to improve citizens' daily lives by creating jobs and reducing public debt. The restoration of the ATA is seen as an important step towards economic stability and growth.