Energy bills will climb by 6.8 per cent by the end of the month, EAC spokesperson Christina Papadopoulou said on Tuesday.
Papadopoulou told CyBC that the authority is predicting this increase ...
Cyprus recorded the third highest increase in domestic electricity bills, as prices rose by 36 percent in the second half of 2021 compared to last year, according to data released by Eurostat, ...
Turkish Cypriot ‘prime minister’ Faiz Sucuoglu leaves for Ankara on Wednesday along with three ‘government ministers’ for finance, transport and tourism to discuss the growing economic and electricity crisis in ...
As electricity prices rise 200 per cent in the north some people quip they are almost grateful for the constant power cuts
By Esra Aygin
Turkish Cypriots from all walks of ...
The next electricity bills sent out to homes are expected to be 16 per cent higher than the last, the Electricity Authority of Cyprus (EAC) said Monday.
Speaking to the state ...
President Nicos Anastasiades on Tuesday met Akel leader Stephanos Stephanou to discuss a series of proposals the main opposition party believes will help tackle rising electricity costs.
The meeting was ...
Residents of mountain communities are to receive additional aid to help cover higher heating bills as fuel costs rise and winter bites, cabinet decided on Wednesday.
The decision applies to ...
The legislature dives back into business this week and the next, with a packed agenda featuring a number of important bills and issues, starting with the presidential veto of a ...
As expected, President Nicos Anastasiades has vetoed a bill passed by opposition parties to cut VAT on electricity bills from 19 per cent to 9 per cent across the board for an ...
Main opposition Akel accused the government of being authoritarian after it transpired Tuesday that the president would veto a recent law passed by opposition parties to cut VAT on electricity ...
The cabinet on Monday approved cuts in VAT on household power bills as part of its policy to tackle the fallout from the rise in the price of electricity.
According ...
The European Commission’s VAT committee has approved the government’s proposal to cut VAT on household electricity bills, the finance ministry announced on Monday.
A statement said that the ...
The government has notified the EU of its intention to cut VAT on household electricity bills from 19 per cent to 9 per cent for three months, Finance Minister Constantinos Petrides said ...
By Achilleas Demetriades
There is no doubt that prices in general are rising, and we need to have a plan to tackle this price hike, which is soaring.
This analysis ...
An Akel proposal to slash VAT on electricity bills from 19 per cent to 9 per cent to shield consumers from rising prices came before the House finance committee on Monday where ...
The cabinet on Thursday approved a reduction of VAT from 19 per cent to 5 per cent on electricity bills for vulnerable groups for six months.
The decision is in line with ...
Cyprus is processing the proposals of the European Commission regarding ways to deal with rising electricity prices, Energy Minister Natasa Pilidou said on Saturday.
According to the minister, the Cyprus ...
After years of start-stop discussions in committee, the House on Thursday passed the legal framework for opening up the electricity market – with the energy minister hailing it as the single ...
The Electricity Authority of Cyprus (EAC) will take a revenue hit of around €24 million following a decision to offer a 10 per discount on utility bills over the next four months, ...
The Cyprus Consumers Association on Monday called for more substantial help for those affected by high electricity prices, saying the state seems “unwilling to spend a single euro for the ...
The government on Friday announced a 10 per cent discount on electricity bills for the next four months, as well as renewable energy schemes aimed at long term savings for businesses ...
Government departments and the power company (EAC) expect to finalise a discounted rate on electricity bills in the next few days, Energy Minister Natasa Pilides said on Wednesday.
The minister ...
State-owned electricity authority (EAC) unions said Friday they supported looking into whether the company could absorb the rising cost of production so that consumers won’t have to foot the ...
Lawmakers on Tuesday reviewed various ways in which electricity bills might be reduced, including by scrapping the levying of VAT in certain cases but it remained unclear whether their proposals ...