Cyprus has a new plan for workers. It is called COLA. COLA helps workers when prices go up. The government, companies, and worker groups all agreed.
The plan gives more money to about 227,000 workers. But about 288,000 workers do not get this money. People with high salaries get more money from COLA. People with low salaries get less money.
Many workers do not get COLA. These workers are in small businesses or have temporary jobs. Right now, prices are not going up much. But if prices go up a lot in the future, COLA will help some workers.